India's southern state of Tamil Nadu has signed understandings with a number of European and Chinese companies that are expected to create and support over 40,000 jobs in the state. Tamil Nadu is home to a vibrant automotive, auto parts and electronics sector. Daimler India Commercial Vehicle may be the...
India's Ranking on Global Innovation Index Improves
According to the annual edition of the Global Innovation Index (GII), released on July 24, 2019, by the World Intellectual Property Organization, India improved its ranking by five places to 52nd from 57th position last year. The GII ranks 129 economies based on 80 indicators, ranging from intellectual property filing...
India's Wipro Acquires Ohio's International TechneGroup Inc
Bangalore-based IT major Wipro Limited signed a definitive agreement for $45 million to acquire Milford, Ohio-based International TechneGroup Incorporated (ITI), that offers solutions for Model Based Enterprise, data interoperability and data migration. ITI has offices in the United Kingdom, Italy, Israel and Germany and directly provides software products and services to...
West Pharmaceuticals Expands in India
Headquartered in Exton, Pennsylvania, West Pharmaceutical Services inaugurated its new Digital Technology Center in Bangalore. This Center will serve as a global center of excellence for the company’s Digital and Transformation team, and will work with West's teams in Exton, and in Eschweiler, Germany, to develop digital solutions in marketing and...
Germany's Schaeffler To Support Electric Vehicles in India
Germany-based industrial and automotive components manufacturer Schaeffler Group plans to set up an engineering unit in India to meet the growing needs of the country's electric vehicles. The unit will help Schaeffler tailor India-specific solutions, based on the global solutions developed by the company. The group already uses India as...
Spotify to Launch in India this month
Swedish online music streaming service Spotify will soon launch its service in India. The company accidentally confirmed an India launch date of 31st January on its Terms & Conditions page for India. pic.twitter.com/uMFGByhuKf The company has reached a deal with India’s largest music label, T-Series, allowing Spotify subscribers to access...