Drawn to India's expanding renewable energy capacity, the UK government’s development finance institution British International Investment (BII) plans to invest $1 billion in Indian climate-related projects by 2026. Nick O'Donohoe, CEO of BII told Reuters "We are evaluating exciting businesses in sectors such as bio-fuels, circular economy … as part...
Ford Aims for a Bigger Share in India's Auto Market
Ford Motor Co made a profit in India for the first time in a decade in the last fiscal. Ford India declared a profit of $72 million in the fiscal year that ended on March 31, compared with a loss of nearly the same amount a year ago. Under an...
Award Winners for Corporate Excellence in India
The Business Standard Annual Awards for Corporate Excellence for 2017, held on the evening of April 1, celebrated the spirit of Indian entrepreneurship. India's Minister for Defense and chief guest at the function, Nirmala Sitharaman, said, "In this country it is possible to reach the top and stay there by...
India's Mahindra Opens Michigan's First new Auto Factory in 25 Years
Already with a large presence in the U.S. tractor market, Mahindra and Mahindra, an Indian multinational car manufacturing corporation headquartered in Mumbai, launched a new manufacturing facility in Auburn, Michigan, where the company plans to build off-road vehicles. The new facility is part of the company’s expansion plans, and becomes...
Ford Partners India's Mahindra to Manufacture eCars
Since the Government of India's plans to move to an all-electric fleet by 2030, Michigan-based Ford Motor Company will collaborate with Mumbai, India-based Mahindra & Mahindra to explore joint development of products, especially electric and connected vehicles. The partnership, for an initial period of three years, will expand Ford’s reach in the...
What Technology Innovations is India Working at?
In his article in Fortune on whether India can become an innovation hub for the world, journalist Ashish Gupta explores India's capability in cutting-edge technology and disruptive innovation. In his search for answers, Gupta talks to many stalwarts in the field of innovation: Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth,...