European corporation Airbus SE, registered in the Netherlands, announced the signing of a multi-year contract with Pune, India-based technology provider Tech Mahindra, for cabin and cargo design engineering. Karthikeyan Natarajan, global head of Engineering and IoT, Tech Mahindra, said, "This will strengthen our aerospace engineering portfolio, especially in areas such as...
India's R Systems Acquires IL-Based Innovizant LLC
Noida, India-headquartered R Systems, a global technology and analytics services organization, Innovizant LLC based at Downers Grove, Illinois through its California subsidiary R Systems Inc.. Ramneet Rekhi, vice president of R systems said that the acquisition has strengthened the company's digital practice with niche data analytics competencies and a marquee customer...
GE Develops Industrial Internet of Things in India
GE announced the opening of its largest Digital Hub, globally, in India's southern city of Bangalore. At this center, customers and GE experts will co-create industrial software and analytics solutions aimed at solving complex business problems. MillenniumPost reports a statement from GE that said the new location will deliver solutions for...
Bosch Expands Tech R&D Facility in India
Having completed phase I of upgrading its first facility in Bangalore, India, German multinational engineering and electronics company Bosch, has embarked on the second phase, with an investment of $200 million for this year. The company said India continues to be a key hub for the group's global development network....
India’s Software and Hardware Representative Bodies Partner to Support the ‘Digital India’ Initiative
The partnership between the National Association of Software and Services Companies and the India Electronics and Semiconductor Association is aimed at making India a leading player in the IT and the Electronic System Design and Manufacturing industry over the next decade. With electronics, computing and communication paradigms shifting to the...
Insurer Allstate Announces $1 Billion Expansion in India
Allstate Corporation, the largest publicly traded home and auto insurer in the U.S., plans to spend $1 billion in India within the next four years, to strengthen its offering in technology and operations. Having started India operations in 2012, Allstate Solutions Private Ltd. currently has over 4,500 technical experts in...