German life science and technology firm Merck announced a partnership for collaborative research on processing special effect pigments with Bangalore-based STEER Engineering, a company that has 60 global patents for its innovations. STEER will contribute process know-how, the technology platform, and its expertise in materials transformation, while Merck brings to...
Dr. Oetker Localizes for India
Founded in 1891 in northern Germany, Dr. Oetker is a family enterprise that manufactures frozen pizzas, cakes, yogurts and other products. In India since 2007, the company first introduced frozen pizzas and muesli in the country. However, the were unsuccessful in this venture since "the home baking division was not...
German Think-Tank Endorses India's Innovators
After studying 80 R&D companies in India, German think tank Bertelsmann Stiftung believes there is a definite buzz about India's R&D strength. With more than 1,000 R&D labs, India is rated the 5th-best destination globally for innovation and technology. The study describes the two ways that Indian companies approach innovation: 1)...
India is Top Six Manufacturer says UNIDO
Headquartered in Vienna, Austria, the United Nations Industrial Development Organization (UNIDO) has just released its 2015 Yearbook. A report on global manufacturing output mentions China at the top of the list of the top 10 industrial producers followed by the U.S., Japan, Germany, and Korea. India at the sixth place...
Mercedes-Maybach Launches its Priciest Car in India
Mercedes-Maybach, makers of some of the most luxurious cars in the world, has launched the S600 Guard in India for $1.6 million. The car is designed for chief dignitaries around the world and it has a VR10 safety rating. This means it is certified to protect against hardened steel-core bullets...
India’s Growth Shatters Auto Sales Records
More than three million cars were sold last year in India, a 6.4% increase over 2014, according to Euromonitor. Sales are expected to grow by 4.7% in 2016 as buyers are encouraged by lower fuel prices and reduced interest rates, reports CNN Money. “We are going to see a flood...