The Swedish home furnishings company IKEA has announced a long term plan to open 25 stores in the country at a cost of $80 million per store. In July this year the company bought land in Hyderabad in south India for its maiden store. Business Standard reports that IKEA has...
ExxonMobil to Invest $400Min India
Oil major ExxonMobil will set up a technical and business support center as well as an R&D facility in Bangalore, the capital of the southern state of Karnataka. When the center starts in late 2015 it will initially have about 1,000 employees, and this number is likely to increase five...
Make in India: Aequs Commences New Automotive Manufacturing Facility
In the latest example of a commitment to the ‘Make in India’ initiative, Aequs Automotive, headquartered in Bangalore, announced the inauguration of its new 100% export-oriented automotive manufacturing facility in Belagavi. Located in the state of Karnataka, Belagavi is India’s first precision engineering special economic zone. The 27,000 square feet...
Engineering Firm AECOM Plans to Expand in India
AECOM, a Fortune 500, U.S.-based engineering consulting firm that provides end-to-end solutions for all kinds of infrastructure development projects, plans to hire 1,500 more employees for its India operations, its global chairman & CEO Michael S. Burke said. Currently the company has 2,500 employees located across eight regional offices and...
SunEdison Wins 150 Megawatt Project in Karnataka
St. Peters, Missouri-based SunEdison Inc. won a bid to build 150 megawatts of solar projects in southern India’s Karnataka state. The company will build and own the five projects for Karnataka Renewable Energy Development Ltd. SunEdison was one of 44 developers vying to build 500 megawatts of projects in the...
Textures of India, South and North
When I moved from Kanpur to Bangalore eons ago, most locals referred to anybody from Northern India as being "from Delhi.". This used to miff the Bengalis, the Kashmiris, the Rajasthanis and the Gujaratis I knew who each have their distinct identities; having grown up in India's most populous state...