GE Aviation, a division of Boston-based General Electric, and Tata Advanced Systems Ltd., entered into a partnership to manufacture components for engine-maker CFM International at a new factory that they will build in Hyderabad, India. (CFM International is a joint venture between GE Aviation, and Safran Aircraft Engines of France.)...
Minister Gadkari Highlights Aggressive Infrastructure Expansion
Speaking at a session on Opportunity in Infrastructure, Logistics Technology and Equipment in New Delhi this November, the Federal Minister for Road Transport & Highways, Shipping, Water Resources, Nitin Gadkari, said that the federal government is committed to providing transport and logistics infrastructure in the country. Gadkari noted that the...
UPS Launches Logistics Facility in India
Atlanta-based UPS, the world's largest package delivery company and a provider of supply chain management solutions, launched its new integrated logistics facility in Hyderabad, India. "India is one of the fastest growing G20 economies and Hyderabad is fast becoming a ground for implementation of the `Make in India' initiative, said...
Cyient Acquires a U.S. Firm, Signs Licensing Agreement with Another
IT major Cyient, headquartered in Hyderabad, India, entered into a definitive agreement to acquire 100 percent equity in the New Britain, CT-based B&F Design Inc., for an undisclosed sum. This acquisition will strengthen Cyient’s aerospace and defense service offerings, by adding Design, Build and Maintain capabilities centered around Tooling and...
India Sets Up the 5G India 2020 Forum
The Government of India set up a high-level 5G India 2020 Forum to roll out 5G in India by 2020. The committee will have on board three secretaries, one each from the Department of Telecommunications, IT and Electronics, and Science and Technology Ministries. Other members of the forum will include...
Global Entrepreneurship Summit Will Showcase U.S.-India Partnership
U.S. Commerce Secretary Wilbur Ross said that the Global Entrepreneurship Summit to be held in Hyderabad, India, will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens. To be hosted jointly by India and the U.S....