A new study found that three-fourths of all the healthcare spending in India happens at hospitals owned by corporations. Further the growth of private hospitals has also been inequitable, with more than a third of all hospitals present in the large Metros and Tier I cities. This leaves two problems...
Ricoh's California unit innovates in India
My friend Professor Sudhir Jain is now Director (President) of one of the "new" Indian Institutes of Technology, the one located in India's fastest growing state, Gujarat. IIT Gandhinagar has aligned with office equipment maker Ricoh's innovating lab based in California. “We floated a proposal to Ricoh Innovation Inc (RII)...
India's share of global exports doubles since 2000
According to an article in the Economist, Pune in west India, has won the steely hearts of Germany’s car firms. Inside a $700m Volkswagen plant on the city’s outskirts, laser-wielding robots test car frames’ dimensions and a giant conveyor belt slips by, with sprung-wood surfaces to protect workers’ knees. It...
Solar Power in India reached 1 Gigawatt
Solar photovoltaic installations in India have crossed 1 gigawatt mark. The country has targeted 20 GW by the year 2020. As at the end of June, India had grid interactive solar Photovoltaic installed capacity of 1,030.66 MW. Most of the capacities have come in Gujarat. In addition, India has 85.21...
Germany's BASF establishing new plant in Gujarat
BASF India Ltd. is establishing a chemical production site for polyurethane, care chemicals and polymer dispersions for coatings and paper at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujarat. The plant will predominantly serve customers located in the northern and western parts of India. When functional in...
Sourcing: General Motors India to buy $1 billion in parts from India
General Motors said last Thursday that it planned to source $1 billion worth of auto parts from India over the next two years. Indian parts makers are exporting batteries, alternators, fuel tanks, forgings and more to markets in Europe, North America and elsewhere. This is an indication of the prowess...