In the September release of the Composite Leading Indicators (CLIs) that are designed to anticipate turning points in economic activity relative to trend, the Paris-based Organization for Economic Cooperation and Development (OECD) said India is expected to see “firming growth”. As reported on their Website, the CLIs signal stable growth...
Senvion Boosts Turbine Advancement with R&D Center in India
Senvion, a German wind turbine company based in Hamburg has announced that its new R&D facility in Bangalore, India, is slated to open this month. This center will support its existing center in Osterronfeld, Germany. The group's vice president of production management, Bernhard Telgmann, said, “In order to maintain the...
Utah Company Introduces Genomic Cancer Testing in India
Salt Lake City-based molecular diagnostic firm Myriad Genetics brings molecular genomic cancer testing to India. According to the company, genomic tests are available for 9 cancers: breast, pancreatic, ovarian, endometrial, melanoma, prostate, colon, lung and gastric. “We are pleased to bring our 25 years of experience in clinical genetic testing...
Modi Government Signed 18 Contracts for $20.1 Billion in its First 9 Months
The Defense Ministry of India has signed 18 international contracts worth $20.1 billion between May 2014 and February 2015. The contracts were signed with armaments manufacturers from USA, Russia, the UK, Israel, Germany and France reports Defense World. “Defense Procurement Procedure details direct dealing with the original equipment manufacturers, authorized...
India Trade Group Identifies High Technology Areas for Indo-German Collaboration
The Indian industry association, FICCI in association with the Embassy of India in Berlin and the support of German Embassy in New Delhi organized a panel discussion on “Unleashing opportunities: Indo-German High-Technology Manufacturing” in New Delhi, reports Merinews. The discussions identified the following sectors to be the most appropriate in...
American Tourists Lead in India e-Visa Usage
According to data released by the Tourism Ministry of India, travelers from the U.S.A. availed India's Visa-on-Arrival facility the most. India's electronic travel authorization is currently available for 44 countries, and March statistics showed that 33 percent of all tourists were from the U.S., followed by 14 percent from Germany, 13...