Looking to expand its fleet in India's booming aviation sector, Gurugram headquartered Vistara ordered six Boeing 787 jets and thirteen Airbus SE A320neos valued at $3.1 billion. "India’s position as the world’s fastest growing domestic aviation market and its impressive growth in air passenger traffic that has more than doubled...
GE and EDF to Set Up Six EPRs in India
GE and French Electricite De France (EDF) signed a strategic cooperation agreement for the planned construction of six EPR reactors at the Jaitapur site in Maharashtra, India. The EPR -- European Pressurized Reactor or Evolutionary Power Reactor -- is a third generation nuclear reactor developed by the French companies Areva...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
GE Develops Industrial Internet of Things in India
GE announced the opening of its largest Digital Hub, globally, in India's southern city of Bangalore. At this center, customers and GE experts will co-create industrial software and analytics solutions aimed at solving complex business problems. MillenniumPost reports a statement from GE that said the new location will deliver solutions for...
GE and Reliance Team To Provide Industrial IoT in India
Mumbai, India headquartered Reliance Industries Limited and Connecticut-based GE signed a global partnership agreement to work together to provide industrial IoT solutions to customers in industries such as oil and gas, fertilizers, power, healthcare and telecom, reports Mint. "GE will provide its Predix cloud offering, industrial internet applications and data...