IKEA, the world’s largest furniture retailer, is significantly accelerating its investment in India, designating it a "priority market" for long-term growth. Despite global sales dropping to $51.7 billion in FY2025 from $52 billion the previous year, the company's Indian operations saw a 6% revenue increase and a 10% improvement in...
Sanofi Expands India Global Capability Center
Sanofi Healthcare India is expanding its Global Capability Center (GCC) in Hyderabad, in India's southern state of Telangana, by adding 270,000 sq. ft. of workspace. The new space adds to the 280,000 sq. ft. announced less than two years ago, underscoring Sanofi’s commitment to India This expansion increases the French...
Qualcomm India Designs a 2 nanometer Chip
Qualcomm Technologies announced the successful tape-out of its 2-nanometer chip design, developed through its engineering centers in Bangalore, Chennai, and Hyderabad. Qualcomm Incorporated is an American multinational corporation headquartered in San Diego, California. It creates semiconductors, software and services related to wireless technology. The company said the milestone highlights the...
Microsoft’s India AI Investment Expands
Microsoft announced its largest investment in Asia to date, committing $17.5 billion to India over four years, spanning from calendar year 2026 to 2029. This capital injection is designed to advance the nation's cloud and artificial intelligence infrastructure, workforce skilling, and operational capabilities. The funding builds upon a previous $3...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...
IFF Unveils Global Services Hub in India
New York, NY-Headquartered IFF (International Flavors & Fragrances), inaugurated its new Global Business Services Center in Hyderabad, India. Spanning a 75,000 square feet in the city’s financial district, this facility can accommodate up to 600 employees and features flexible work spaces tailored to diverse work styles. Facility highlights include a...