Based in Windsor, Connecticut, Stanadyne LLC is setting up a Center of Excellence for engineering at India's southern city of Chennai where its first plant is located. "We are in the process of shifting all diesel-related engineering activities to India from U.S.A., so the American center will only concentrate on...
UTC Sets Up Video Analytics Lab in India
Farmington, CT-based United Technologies that provides technology products and services to the building and aerospace industries, set up a video analytics lab at the T-Hub, in Hyderabad, India. India's largest startup incubator, T-Hub, is a private-state owned partnership between the government of Telangana, three of India’s premier academic institutes, and...
Mars Food Acquires Tasty Bite in India
Mars Food, the European arm of Virginia-based Mars Inc, has signed a definitive agreement to acquire Preferred Brands International, based in Connecticut. The deal is expected to close by the fourth quarter of 2017, subject to regulatory approvals. Preferred Brands International, a manufacturer and marketer of ready-to-heat Indian and Asian...
Gartner: India IT Infrastructure Spending to Reach $1.9 Billion
At the Gartner Infrastructure, Operations and Data Center Summit, held in Mumbai, the Connecticut research and advisory firm said that India's IT infrastructure market will total $1.9 billion in 2016, a 1 percent increase from the previous year. This market includes server, storage and enterprise networking equipment, report EMSNow. "Indian enterprises will continue to focus on...