Peter R. Huntsman, President and Chief Executive of the $12 billion chemicals maker, Huntsman Corporation, inaugurated a new India corporate office in Mumbai on November 4, 2014. Initially, the 220,000 square feet, seven story building will house about 300 Huntsman associates, including over 100 technical staff spread across three floors...
Skin Care Giant to Enter Manufacturing and R&D in India
Beiersdorf AG’s Nivea announced its first ever manufacturing plant in India, located at Sanand, Gujarat with an investment of $168 million to open by March 2015. The German company will also establish an R&D center at the factory, which will focus on innovations for Indian consumers as well as other...
India Elections 2014 Result
Hopes for maintaining freedom and democracy are shaky in many countries today from Egypt, to Ukraine, to Iraq and Afghanistan. On the other hand the continued success of autocracies such as China has its scholars arguing that they have created a system better than Western democracy. The Economist recently ran...
India business favors political change
India’s Sensex stock market index (comprised of 30 market weighted shares trade on the Bombay Stock Exchange surged 487 points to 21,483 on the day after results from four key state elections poured in last week. The UPA coalition, led by Prime Minister Dr. Manmohan Singh at the federal level...
Manufacturing Makes up 27 percent of Gujarat Economy
Speaking at a chemicals event,Saurabh Patel, Minister for Petrochemicals, Government of Gujarat informed that while new manufacturing policy of the Govt. of India aims to increase the share of manufacturing from to 16 percent to 25 percent of GDP by 2025, Gujarat has already reached the level of 27.2 percent...
Gujarat to cover Narmada River canals with solar panels!
According to the Hindu Business Line, solar panels will be installed in the state of Gujarat (northwestern India) to generate power. Those panels will use the 11,807 miles long network of Narmada canals. Narendra Modi, Gujarat’s Chief Minister, inaugurated the “Canal Solar Power Project”, a 1 Megawatt pilot project on...