Alten Calsoft Labs, a subsidiary the $2.2-billion French IT firm Alten Group, acquired chip design company Si2Chip based in Bangalore. With this acquisition, the company adds 200 engineers to its very large-scale integration (VLSI) domain and enhances its semiconductor portfolio. Ramandeep Singh, CEO of Alten Calsoft Labs, said, "The Si2Chip...
Dassault-Reliance JV Completes Falcon 2000 Cockpit Section
Dassault Reliance Aerospace Limited, a joint venture between France-based Dassault Group and India's Reliance Group since 2017, announced the completion of its first Falcon 2000 cockpit front section. Assembled in Nagpur, 600 miles from New Delhi, these parts of jets are shipped to France for the final Falcon assembly line....
Thales Establishes Global Engineering Center in India
French multinational Thales announced the launch of its global Engineering Competence Center (ECC) in Bangalore. The Center will focus on software and hardware capabilities in the areas of civil as well as defense businesses. Initially, the ECC will be dedicated to Air Traffic Management, avionics, cockpit, flight management, in-flight entertainment...
France's Danone Reenters India Market for Third Time
After exiting the Indian market twice, Danone, the French yogurt maker, is back again determined to succeed in India's dairy consumption opportunity. This time round, the company's investment arm, Danone Manifesto Ventures, acquired a stake in Mumbai-based Drums Food International that manufactures the Greek yogurt brand Epigamia. Analysts say that...
India Launches Satellite 'Big Bird' Successfully
India's Space Research Organization or ISRO's GSAT-11 satellite, also known as the 'Big Bird,' was successfully launched into space from the French space port of Kourou, French Guiana. It will provide satellite-based internet to remote places where cable-based internet cannot reach, as also facilitate internet connectivity in flights within India. "GSAT-11...
Alstom Partners Indian Railways to Make Locomotives in India
The joint venture between France headquartered Alstom and State-owned Indian Railways now operates a locomotive factory on a 250 acre lot, in Madhepura, 175 miles northeast of Patna, the capital of India's northern state of Bihar. Earlier this year, the JV showcased its first all-electric locomotive constructed here -- India’s first...