JCB, the British construction-equipment maker headquartered in Rocester, Staffordshire, England, expects its arm in India, JCB India, headquartered in Ballabgarh, Haryana, near New Delhi in northern India, to grow at a double-digit rate this fiscal year even as the broader industry expands more slowly. The construction-equipment industry should grow 9%...
Uber Invests $10 Million in India Fleet Partner Carrum Mobility
Uber, headquartered in San Francisco, California, has invested $10 million in Carrum Mobility, a fleet management startup based in Gurgaon, Haryana in the Delhi National Capital Region. The Series B round values Carrum at $168 million, nearly tripling the roughly $63 million valuation the company carried after Uber's first $7...
Tesla to Maintain a Minimal Footprint in India
Tesla’s five-year pursuit of manufacturing in India has ended. On May 19, 2026, India’s Minister of Heavy Industries, H.D. Kumaraswamy, confirmed that the automaker will not proceed with a local factory. The exit follows a prolonged deadlock over import tariffs. Tesla wanted lower duties to test the market with imported...
India Opens $3 Billion Second Airport in Delhi NCR
Prime Minister Modi inaugurated Noida International Airport (DXN). Located in the National Capital Region, (NCR) this project makes the northern state of Uttar Pradesh becomes the first Indian state to host five international airports. The facility is designed to provide a sophisticated secondary hub for the Greater Delhi area. Impact...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...
Iowa Delegation Embarks on Trade Mission to India
Governor Kim Reynolds of Iowa is leading an eight-day trade and investment mission to India, accompanied by a delegation of state officials and business leaders. The initiative, organized by the Iowa Economic Development Authority (IEDA) with support from the U.S. Embassy in Delhi and the U.S. Consulate in Mumbai, aims...