Piyush Goyal, India’s Minister of Coal, Power and Renewable Energy said, “Today our solar capacity is about 4,500 MW and the capacity addition target for this year is about 2,000 MW. During 2016-17, we are hoping to add 12,000 MW in the solar sector alone. Thus, including other renewable sources,...
IDenta Is Supplying Detectors to India
Jerusalem, Israel-based IDenta Corporation, the international drug and explosives-detection company, has supplied detectors to India, reports Bloomberg Business. CEO Yaacov Shoham said, “Every year before the end of the financial year (March 31 in India) IDenta Corp. participates through the local representative company Technomaxx in different tenders related to IDenta's...
CH2M and Cisco Provide Expertise for Smart City Shendra-Bidkin in India
California-based Cisco Systems Inc., and Colorado-based global engineering firm CH2M have announced a new global strategic alliance to provide urban planning, design and smart technology integration and delivery services for their first project in India, reports CNN Money. Their first integrated delivery will be to Shendra-Bidkin an industrial smart city...
Ikea to Operate 25 Stores in India
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...
Philips Launches Healthcare Innovation Center in India
Royal Philips, a Netherlands-based company, launched its Healthcare Innovation Center in Pune, in the western state of Maharashtra – the first-of-its-kind in an emerging market. In an interview with Business Standard, Sameer Garde, president, South Asia, Philips Healthcare, said, “At present we are focused on diagnostic, therapy, treatment, post therapy,...
LyondellBasell to Acquire SJS Plastiblends of India
Houston-based LyondellBasell Industries announced that it has entered into a definitive agreement for the acquisition of SJS Plastiblends Pvt. Ltd., a polypropylene compounds manufacturer, located in Aurangabad in the western state of Maharashtra, India reports CNN Money. “This acquisition will expand our global PPC manufacturing footprint and allow us to...