AECOM, a Fortune 500, U.S.-based engineering consulting firm that provides end-to-end solutions for all kinds of infrastructure development projects, plans to hire 1,500 more employees for its India operations, its global chairman & CEO Michael S. Burke said. Currently the company has 2,500 employees located across eight regional offices and...
U.S. and India Come to an Understanding on the Nuclear Energy Agreement
In 2006 Washington and India first reached a nuclear energy understanding which was to have allowed New Delhi access to nuclear technology and fuel without giving up its weapons program. Then, in 2008, a 45-state Nuclear Supplies Group approved a policy of nuclear cooperation with India and another nuclear power...
SunEdison to Invest $4 Billion in India
Missouri-based SunEdison Inc., and the Indian power provider Adani Enterprises, headquartered in Ahmedabad, Gujarat, have signed a memorandum of understanding to establish a joint venture to build the largest solar photovoltaic manufacturing facility in India with a capacity of 7.5 gigawatts of annual production on an investment of up to...
India’s largest Dairy Product Maker Aims to Increase Revenue by 21% in 2015
The Gujarat Cooperative Milk Marketing Federation, which markets milk and dairy products under the Amul brand, said its revenue was likely to increase by 21 percent this fiscal year at about $3.5 billion due to higher growth in unit sales at current prices The company is expanding its operations to...
BASF’s New R&D Center in India to be Operational in 2017
Anticipating prospects in India, German chemical company BASF SE has started the process of constructing a new innovation campus at its existing facility in Thane, on the outskirts of Mumbai, India. The investment in this campus will be $61.8 million. The India center will hire 300 scientists to work on...
Solvay Increases Resin Production in India by 25%
Solvay SA, the 150-year-old Belgian company that’s moving from commodity chemicals to specialty materials and additives, will expand a high-performance plastics plant in India to cope with demand from smartphone and aircraft makers. Production of polyether ether ketone polymer resins, known as PEEK, will increase 25 percent at the Panoli...