British-Swedish multinational pharmaceutical and biotechnology company AstraZeneca set up a clinical data and insights (CDI) division in Bangalore for data-related management of its clinical trials. The CDI is a critical advancement that will support a growing global portfolio and build on internal data expertise. It will function across therapy areas...
24M Technologies to Set Up a Giga Factory in Chennai, India
Cambridge, Massachusetts-headquartered starup 24M Technologies, manufacturers of lithium-ion battery cells, just signed a license agreement with India's Lucas TVS Ltd., to construct one of the first giga factories in India using 24M’s SemiSolid technology. 24 M most recently raised $56 million in Series E funding from Itochu and others The...
Chennai, India Hosts Semiconductor Tech Center
San Diego, CA-based pSemi Corporation, focused on semiconductor integration, announced the opening of a new design center in Chennai, in south India. This center will support the growing demand for semiconductor products enabling 5G and Internet-of-Things (IoT) applications. The India office will accelerate the scalability of a strong engineering team...
India Nutraceuticals Grow at Double Digit Rates
The nutraceuticals market in India is expected to grow to $18 billion by the end of 2025, according to a report in the Times of India, the largest circulating English language newspaper in the country. Currently, the Indian market imports $ 2.7 billion worth of nutraceuticals. The dietary supplements segment...
Flipkart to Expand Warehousing Infrastructure
Walmart-owned online e-commerce company Flipkart announced plans to add more than 800,000 square feet of space and 5 new fulfillment centers to strengthen its grocery supply chain infrastructure. These centers will be located at Delhi, Kolkata, Chennai, Coimbatore and Hyderabad over the next three months. The additional capacity will help...
U.K. Prime Minister Boris Johnson To Visit India
India is already the second largest foreign investor in the United Kingdom, after the United States and ahead of EU countries such as Germany and France, with 120 active projects according the British Department of International Trade. So it should come as no surprise that Prime Minister Boris Johnson's first...