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...
Amazon Announces Manufacturing Line in India
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...