Clariant, a specialty chemicals company headquartered in Muttenz, Switzerland, will commence its new greenfield production facility in Cuddalore in the southern state of Tamil Nadu by the second semester of 2017. “The new site will serve the Indian pharmaceutical industry with state-of-the-art desiccant products produced under the strictest quality and...
Innovation from India Gives Speech Disabilities a Voice
Chennai, India-based Invention Labs has created a multilingual augmentative and alternative communication ipad app, Avaz (voice) for people with speech disabilities. It is priced at $200 in the U.S. and $100 in India. "Until the launch of Avaz, all augmentative and alternative communication devices available in the U.S. were monolingual....
Ford India Makes the Ecosport SUV for U.S. Market
The updated 2017 Ford EcoSport, meant for the American market, will be made at Ford’s plant in India, in the southern city of Chennai. Changes envisaged are a revised tail gate, bumper and tail lamps. The front grille is chunkier with chrome slats, while head lamps and the front bumper...
BMW To Make Small Motorcycle in India for Global Sale
Frank Schloeder, president of the German subsidiary BMW India, told the Times of India that, “While India is a big market in itself, we have plans to position the G310R as a global product. The India-made bike will be sold in Germany, the U.S. and many countries in Europe.” The...
Speech Analytics Startup Can Understand Almost Any Language
Featured in this year's Next Generation Leaders by Time Magazine, Umesh Sachdev, CEO and co-founder of Chennai-based speech analytics startup, Uniphore Software Systems, was selected for his work toward “Building a Phone That Can Understand Almost Any Language.” Uniphore’s Akeira, a virtual assistant, allows consumers to ask questions in...
JPMorgan Expands Footprint in India
New York-based JPMorgan Chase & Co. will open three branches in India, even as global competitors HSBC and UBS are scaling back to cut costs and bolster capital. JPMorgan is witnessing an increasing level of cross-border activity among its clients as they capture more business driven by India's economic growth, Madhav...