The western state of Gujarat in India, has released an investor-friendly Aerospace and Defense Policy 2016 that offers 10-year incentives in relation to land allotment, stamp duty, registration charges and electricity duty, to attract defense and aerospace manufacturers reports Defense World. Terms of this policy are: The state will now...
India's Britannia Industries to Go Global
Bakery and dairy product maker Britannia Industries headquartered in Bangalore, India, is planning to expand its presence in overseas markets, reports moneycontrol. "It's our vision to make Britannia not just an Indian food company but a global food company. We want our footprint across the globe and have made some...
India Commissions Largest Solar Plant in the World
Kamuthi, in the southern state of Tamil Nadu in India, now has the world’s largest solar power plant in a single location. With a capacity to produce 648 MW of electricity, the plant covers an area of 4 square miles. The project consists of 380,000 foundations, 2.5 million individual solar...
iBASEt Expands Operations in Ahmedabad
Headquartered in Foothill Ranch, California, iBASEt, provider of software solutions to complex, highly regulated industries such as Aerospace and Defense, Medical Devices, Nuclear, Industrial Equipment, Electronics, and Shipbuilding, expanded its India operations last month. The new office in Ahmedabad, in the western state of Gujarat, will expand iBASEt’s footprint in...
India's Ports Handle Increasing Numbers of Containers
According to the Journal of Commerce, container volumes increased this year by 6.3 percent from May to September at India's major ports over the same period last year, reports the Maritime Executive. TEU volumes for Kolkata were up 17 percent; up by five percent at Tuticorin; Visakhapatnam volumes were up...
Asia Competitive Institute Ranks India's States for Ease of Business
In a study done by the Asia Competitive Institute which is part of the Lee Kuan Yew School of Public Policy, the Indian states of Maharashtra, Gujarat, Delhi NCR, Goa and Andhra Pradesh are rated as the top five of 21 sub-regional economies in ease of doing business in India....