Elon Musk’s satellite internet venture, Starlink, is making significant strides toward launching operations in India by laying the groundwork for terrestrial infrastructure. The company has begun discussions with key players across the data, telecom, and fiber sectors to build the ecosystem necessary for satellite connectivity. Among those in talks are...
Indi, Blue Origin collaborate on Human Spaceflight Program
The U.S.-based Space Exploration and Research Agency (SERA) has announced India as a partner country in its human spaceflight program. This initiative aims to send six citizen astronauts from various countries into space, focusing on nations with limited or no prior astronaut presence in space. SERA is collaborating with Blue...
Amazon Acquires 49 Percent of India Supermarket
Amazon and Mumbai-based private equity firm Samara Capital acquired Aditya Birla Retail Limited’s food and grocery retail chain More at an enterprise value of over $600 million. More is the fourth-largest supermarket chain in the country after Future Group's Big Bazaar, Reliance Retail and D-Mart. Samara Capital will acquire 51...
Amazon Has Localized Five Marketing Strategies for India
Aware that India's challenging e-commerce market should be worth $127 billion in 2025, up from $11.2 billion last year, Seattle, Washington-based Amazon is doing things differently in India, reports the Wall Street Journal. Allowing cash-on-delivery payments: Due to consumers' fear of online fraud coupled with the fact that the majority...
Four U.S. Companies Make Big Moves in India
During Prime Minister Modi’s recent visit to the U.S. to address the joint meeting of members of Congress, several U.S. businesses announced investments into the Indian market, reports Huffington Post. Star India, a subsidiary of 21st Century Fox, announced it will invest an additional $5 billion in the country over...
Prime Minister Modi to Address USIBC on June 7
Ahead of his address to the Joint Session of the U.S. Congress on June 8, the Prime Minister of India, Narendra Modi, will address the U.S.-India Business Council’s 41st Annual Leadership Summit in Washington DC. As part of the USIBC annual summit, Modi will also participate in a roundtable with...