Milford, MA-headquartered Waters Corporation, that deals in analytical instruments and software, chromatography, mass spectrometry, and thermal analysis innovations, opened a new Global Capability Center in Bangalore, India. The $16 million strategic investment aims to accelerate technology adoption, innovation, digital transformation, and business efficiencies. The 300+ person facility...
Does a Trillion-Dollar Manufacturing Export Opportunity Face India?
In a report titled The Trillion-Dollar Manufacturing Exports Opportunity for India, Boston, MA-headquartered Bain & Company posits that India's manufacturing exports are set to touch the $1 trillion mark by 2028. Over the last two years India’s manufacturing exports stood at $418 billion in FY22, rising at a CAGR of...
HealthEdge Launches India Operations Facility
Burlington, MA-based HealthEdge, that offers integrated financial, administrative, and clinical platforms for health insurers, announced the launch of its India operations delivery center in Pune, Maharashtra. Steve Krupa, CEO of HealthEdge, a portfolio company of Blackstone, said, "Our Pune center aligns with our growth strategy and will be a hub...
Advent to Acquire Controlling Stake in Indian Biopharma Maker
Boston, MA headquartered global private equity investor Advent International will acquire a majority stake in Mumbai India-based Bharat Serums and Vaccines Limited. The acquisition is expected to close by the end of 2019. Bharat Serums is a biopharmaceuticals company focussed on women’s healthcare, assisted reproductive treatment, and critical care and...
Content on OTT Platforms Important for Indians
According to a study conducted by Brighton, Massachusetts–based software company Brightcove, that produces an online video platform, while subscribing to multiple OTT (over-the-top) services, subscribers in India rely on content as the driving force. The reasons for this are: demand for more content options (42 per cent); satisfying the content...
Smartphone Sales Rose 14.5 percent in India
Per Framingham, MA-based IDC or International Data Corporation’s Asia/Pacific Quarterly Mobile Phone Tracker, India smartphone market shipped 142.3 million units in 2018, 14.5% year-on-year growth. Upasana Joshi, associate research manager, Client Devices, IDC India, adds: --> Shipments of the online-exclusive portfolios of Xiaomi, Honor, Realme, Asus, OnePlus among others, further...