Japanese electronics major Panasonic is strengthening its manufacturing footprint in India. End January, its subsidiary Panasonic India inaugurated its first refrigerator-making factory in the country. Set up at an investment of $20 million, with an annual production capacity of 500,000 units, the facility is located in India's northern state of...
Mauritius Continues to Be Largest Channel for FDI to India
Based on a census that it undertook, a report by India's central bank, the Reserve Bank of India, said, "Mauritius was the largest source of foreign direct investment (FDI) in India (21.8 percent share at market value) followed by the U.S.A., the U.K., Singapore and Japan, while Singapore (19.7 percent)...
India, Japan to Collaborate on AI, Robotics for Defense
India and Japan will work together to introduce artificial intelligence and robotics in the defense sector by the end of January. Kentaro Sonoura, national security adviser to Prime Minister Shinzo Abe, said, "You should expect to see increased bilateral cooperation to develop unmanned ground vehicles and robotics." The Center for...
India Installs Supercomputers for Weather Forecasting
The Ministry of Earth Sciences in India installed the country’s two fastest supercomputers to conduct earth science research and improve weather and climate forecasts. Both machines are Cray XC40 supercomputers with ClusterStor storage, and are deployed at the Indian Institute of Tropical Meteorology in Pune, and the National Center for...
India-Made Jeep Compass Now Sold in Japan, Australia
Fiat Chrysler Automobiles, India, shipped its first batch of 600 right-hand drive units of the made-in-India Jeep Compass from the Bombay Port Trust facility to Australia and to Japan. The SUVs are produced in the company's Ranjangaon factory situated near the city of Pune, and have over 65% localized Indian content. The...
Atlantic Council Proposes Recommendations for India
In its report The Sino-Indian Clash and the New Geopolitics of the Indo-Pacific authored by the South Asia Center of Washington-based Atlantic Council made a series of recommendations to help India meet security challenges. Highlights of the Report authored by Robert A. Manning and Bharath Gopalaswamy, as reported by Live...