Israel-headquartered Gilat Satellite Networks Ltd., secured a multi-million dollar contract from Navi Mumbai-based Nelco, a part of the $116 Bn Tata group. Gilat develops technology for satellite, ground, and "new space" connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. Nelco Limited holds the VSAT...
India Reviews $21 Billion in Semiconductor Proposals
The Indian government is reviewing investment proposals totaling $21 billion to boost chip manufacturing in the country. According to a Bloomberg report, the proposals encompass diverse ventures from both Indian conglomerates and international players. Israel's Tower Semiconductor has proposed a $9 billion chip plant in Gujarat. Its proposed plant may...
Israel’s Tower Semiconductor Proposes $8 Billion Facility in India
If Tower’s proposal is accepted by the government, it will be the first semiconductor company with real fabrication pedigree to join India’s $10 billion chip manufacturing initiative. Tower is looking to manufacture 65 nanometer and 40 nanometer chips in India that will be used across sectors such as automotive and...
Trade Corridor to link Europe, Middle East, and India
On the sidelines of the G20 summit in New Delhi, a new India-Middle East-Europe Economic Corridor -- which many see as an alternative to China's nation-spanning infrastructure program, the Belt and Road Initiative -- was jointly announced on Saturday, September 9, by the leaders of the U.S., India, Saudi Arabia,...
India’s Regulator Approves Marketing of Israeli Med Device
The Central Drug Standard Control Organization (CDSCO), India's regulatory authority under the Health Ministry of India, approved the wearable medical-grade smartwatch CardiacSense made by Israel's Medtech company CardiacSense Ltd. Medtech solutions provider Xplore Health, which has a presence in Pune, Mumbai, Delhi and Bangalore, also received approval from the CDSCO...
Terumo India Signs Commercial Partnership with Israel’s Sensible Medical
Terumo India, subsidiary of Japan's Terumo Corporation announced a partnership with Sensible Medical Innovations, an Israeli firm dealing in medical radar monitoring and imaging technology for exclusive distribution rights for ReDS Pro™ and knowledge-sharing of ReDS™ technology in India.ReDS™ technology originated from a defense technology that allows the military to...