India’s sugar production for the year 12 months ending September 2018 is expected to rise 4.2 percent to a record 33.8 million metric tons. This includes 560,000 metric tons of khandsari (a local type of low-recovery sugar prepared by open-pan evaporation) and 31.1 million tons of milled sugar. The northern...
Western Union Launches India R&D, Tech Center
Englewood, CO-headquartered financial services and communications company, Western Union, announced the launch of its Western Union Technology Engineering Center (WUTEC) in Pune, 75 miles east of Mumbai, in the state of Maharashtra, India. The new research center will serve as Western Union’s innovation and engineering hub in the region. It...
GM to Ramp Up Component and Passenger Vehicle Shipments from India
Detroit, Michigan-based General Motors which stopped manufacturing passenger vehicles for sale in India, is looking to ramp up component exports from India even as it continues to add new global markets for vehicle shipments from the country. The company currently exports body panels and engines to Vietnam and Cambodia, and...
Three of India's States Consider Hyperloop Installations
In October, I blogged about Hyperloop Transportation Technologies first agreement with India's eastern state of Andhra Pradesh's Economic Development Board, to facilitate the development of HTT’s Hyperloop Transportation System in the state. In November, Los Angeles-based Virgin Hyperloop One entered into a partnership with the government of Maharashtra for exploring...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
Dassault Brings Largest Defense FDI to India
"Dassault will emerge as the single largest FDI investor in the defense sector. The cumulative FDI in the defense sector in India till date is $6 million," Rajesh K. Dhingra, president, Reliance Defense & Aerospace, said at an interview with the Economic Times. France's Dassault will manufacture a significant part...