Top Indian industry executives who spoke at an Economic Summit held in New Delhi from November 4 – 6, 2014, welcomed the Modi government’s initiatives in land and labor reforms. Quicker approvals for business would boost manufacturing and creation of jobs they said. The government, which came to power promising...
Will India's Growth Rate Exceed That of China?
On November 6, at the Barclay’s Asia Forum in Hong Kong, Nouriel Roubini, professor of Economics at the Stern School of Business New York University, and co-founder and chairman of Roubini Global Economics LLC in New York, spoke about a role switch in the economies and policies of India and...
Valvoline adds R&D and training center to its manufacturing location
Valvoline Cummins Ltd. (VCL), a joint venture between Ashland Inc. and Cummins India Limited, opened a center for R&D and Product Development along with a training facility at its Ambernath plant, close to Mumbai according to Dr. Frances E. Lockwood, Senior Vice-President and Global Chief Technology Officer, Ashland Consumer markets....
Ohio State advises AIMS on regenerative medicine.
India’s top public healthcare establishment, the All India Institute of Medical Sciences (AIIMS) in Delhi, is in talks with Ohio State University (OSU) to set up the country’s first comprehensive regenerative medicine facility. Regenerative medicine deals with the process of creating living, functional tissues to repair or replace tissue or organ function...
Xiaomi to open its R&D and design facility
Xiaomi of Beijing China has identified Indian market as a potential place to grow its business. The company is now ready with a new strategy to set up an R&D center in India focused on local users, designing and customizing the devices according to them. Hugo Barra, Vice President of...
MediaTek opens second R&D location in India
Taiwanese chipmaker MediaTek already runs a tech center in Noida, outside New Delhi and had now expanded to southern India. The company will invest $200 million in India over the next few years to boost R&D capabilities towards developing affordable solutions for the super-mid market. "MediaTek Bangalore R&D center caters to the...