China's era as the low-cost manufacturing center of the world is under some pressure. Over the years, profits began to reduce due to rising costs, tighter regulations, and Chinese government policies. Manufacturers have been experiencing the squeeze as China shifts its priorities from lower-end manufacturing to high technology industries as...
Gogo Inc., Launches Tech Center in India
Chicago, Illinois-based inflight connectivity provider Gogo Inc., launched an engineering and software development center in the southern city of Chennai, in India. It will provide its services to various airlines in the country following the recommendations of the Telecom Regulatory Authority of India to allow both telephony and Internet services...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
Boeing To Hire 800 Employees in India
Headquartered in Chicago, Illinois, Boeing is set to hire 800 employees over the next two years in India. The company plans to take fresh hires on board for job functions ranging from core engineering to frontline factory workers, and also support functions such as human resources, top company executives said....
India Seeks to Upgrade its Food Processing Ecosystem
India seeks to partner with companies in the food processing ecosystem in the U.S. to incorporate best practices into its food value chain. Ahead of the mega 'World Food India' trade show in New Delhi from November 3-5, 2017, India's minister for the food processing industry, Harsimrat Kaur Badal, is...
Multinationals Bullish on Warehousing in India
Due to growth in both the consumer sector and e-commerce in India, overseas investors and real estate players are increasingly investing in warehousing and logistics. Key players such as Singapore's Ascendas-Singbridge, Assetz Property Group, Ohio-based Logos Realty, Canada Pension Plan Investment Board and the Everstone Group, among others, have made...