New York-based Henry H. McVey,and Singapore-based Frances Lim, both KKR’s heads of global and Asia macro, said in an October note that Asia’s competitive advantage used to be inexpensive labor. Now, whether it’s China, India, or Japan, the region’s edge lies in industrial services. "The bid for infrastructure and logistics...
HP Enterprise, VVDN Tech, to Manufacture $1Billion Worth of Servers in 4-5 years
Palo Alto CA-headquartered Hewlett Packard Enterprise (HPE) and original design equipment maker VVDN Technologies headquartered both in Gurugram, India, and Fremont, CA, signed a pact to produce high-end servers worth $1 billion in the next five years. The production is expected to start from November this year. India recently announced...
India’s Startup Develops AI-Based Blood Test to Identify Tumors Early
Gurugram-based startup PredOmix has created a blood test that can identify 32 malignancies with 98 percent accuracy in both men and women. The business' patented OncoVeryx-F technology combines metabolomics (the study of tiny molecules) with Artificial Intelligence to detect metabolite fingerprints in a single test. Dr. Kanury V.S. Rao, co-founder...
Nihon Kohden to Build its Largest Manufacturing Facility in India
Model Economic Township or MET City, a wholly-owned subsidiary of Mumbai-based Reliance Industries said it was developing a world-class greenfield smart city near Gurugram, Haryana in the Delhi National Capital Region. In this industrial township, Tokyo-based manufacturer of medical devices Nihon Kohden Corporation will build its largest facility in India....
Stryker Enhances R&D with New Global Technology Center, in India
Kalamazoo, MI-based medical technology company Stryker, opened its new research and development facility, Stryker’s Global Technology Center (SGTC), at the International Tech Park in Gurugram, near New Delhi. The 150,000-square-foot facility will help accelerate innovation in India and globally. Ram Rangarajan, vice president, R&D, SGTC, said, "We are excited about...
CHLA To Help India’s Fortis For Pediatric Liver Transplants
Children’s Hospital Los Angeles (CHLA) partnered with Fortis Memorial Research Institute, Gurugram near New Delhi to enhance pediatric liver transplant facilities at Fortis. The purpose of the collaboration is for the family to seek a second, independent opinion for pediatric liver transplant patients who are either already admitted to Fortis...