Via Foxconn-owned Cloud Network Technology, an India-based subsidiary of the Taiwanese electronics giant, Amazon is poised to commence manufacturing in Chennai, India. The Chennai line will be capable of producing hundreds of thousands of devices every year, starting with the Fire TV line of streaming devices. Amit Agarwal, Amazon’s global...
Samsung to re-start manufacturing TVs in Chennai
South Korean electronic major Samsung will restart manufacturing LED TVs in India through contract manufacturers from early next year, according to sources. Samsung, which had shifted its TV manufacturing to Vietnam, recently entered into an agreement with Dixon Technologies for production in India. Presently, Samsung imports its portfolio of TVs from...
TransUnion to Upgrade Its Chennai Office to Global Hub
To support its activities in over thirty global markets, Chicago, IL-based TransUnion, the credit rating agency and global risk information provider, plans to double its employees at its global in-house center in Chennai, to over 1,000 in the next twelve months. TransUnion’s growth in Chennai will take place across multiple...
Novel Wheelchair Launched- Sit or Stand
In collaboration with Chennai headquartered Phoenix Medical Systems, the Indian Institute of Technology Madras, launched India’s first in-house designed wheelchair Arise that enables a disabled person in a wheelchair to shift from sitting to standing position, and vice versa, independently, and in a controlled manner. The device was designed by...
India to Develop Thorium-Based Power Generation Program
With limited domestic uranium ore, but thorium more than sixty percent of the world’s reserves, India hopes to generate energy for the next four hundred years using thorium. But it has yet to generate the first commercial electricity using this locally abundant fuel. 18,000 villages in the country need electricity...
French Groupe PSA Launches Technical Center in India
PCA Motors India, subsidiary of Groupe PSA the French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroen, DS, Opel and Vauxhall brands, launched an India Technical Center in Chennai, Tamil Nadu. The Center will house the departments of Research and Development, Programs and Projects, a Global Purchasing...