Phil Shaw, chief executive of Lockheed Martin India told Defenseworld.net that tail sections of C-130 aircraft for Lockheed Martin’s global customers are being made in India at the joint venture facility they have with Tata Advanced Systems in Hyderabad. He further commented that if international companies treated their 100% owned...
Hyderabad Airport Ranks in Top 3 Worldwide in its Category
The Airports Council International ranked Hyderabad International Airport third best in the world in Airport Service Quality (ASQ) in the 5-15 Million Passengers Per Annum Category, for the year 2014. The airport has retained its position among the top three airports in this category for the 6th consecutive year, reports...
Cushman Predicts 46 million square feet of New Office Space in 2015
According to VCCircle.com, global real estate consultancy firm Cushman & Wakefield has reported that Bangalore, NCR, Mumbai, Hyderabad, Pune, Chennai, Ahmedabad, Kolkata are the top eight cities that are expected to have a robust supply pipeline of 46.4 million square feet of office space available in 2015. The release said...
Wal-Mart Is Clearing a Wider Passage to India
After a two-year hiatus, Wal-Mart, the $476-billion Bentonville, Arkansas chain, is getting ready to open its 21st store in India. The new store will be located in Agra, home to the Taj Mahal, in November 2015, Bloomberg reported citing two people familiar with the matter. Wal-Mart is also considering opening...
“American investors want to be part of the Indian growth story…” – CSIS
Richard M. Rossow, Senior Fellow at the Center for Strategic and International Studies, Washington DC, where he occupies the Wadhwani Chair in US-India Policy Studies, delivered a talk on ‘US-India Economic Ties: The Next Ten Years’ at the ICFAI University, Hyderabad. According to him, with further simplification of investment policies...
Cigniti Technologies Expands Engineering Operations in India
Irving, Texas-based Cigniti Technologies has invested more than $4 million in its second Global Test Engineering Center in Hyderabad, India. The facility has a cloud-enabled performance test lab in addition to labs used for testing mobile applications, compatibility, performance and stress, and robotics. Sriram Rajaram, executive vice president of Cigniti...