The US-India Business Council (USIBC) launched an India-Task Force on civil aviation to focus on identifying opportunities for implementation based on the National Civil Aviation Policy. Palash Roy Chowdhury, managing director-India, Pratt & Whitney will chair the entity, and Amber Dubey, partner and head of aerospace and defense, KPMG in...
Lockheed Martin Offers to Make F16 Fighters in India
Maryland-based Lockheed Martin announced that it can jointly manufacture its F-16 Block 70 fighter jets with Tata Advanced Systems Limited, India. The agreement was signed on the sidelines of the Paris Air Show 2017 and it will provide India the opportunity to produce, operate and export F-16 Block 70 aircraft,...
Cisco Launches its First 'Made in India' Router
California-based Cisco handed over its first Made in India product, a network router, to Ravi Shankar Prasad, India's Minister for Electronics and IT. "We are proud to deliver on our promise to Make in India and accelerate India's journey to become a global leader in electronics manufacturing. India is an...
Schneider Electric Confident of Double-Digit Growth in India
French energy management company, Schneider Electric, is preparing to make India its export hub on the back of government’s policies such as Make in India, Digital India and Smart City Mission. (Schneider owns the former American Power Conversion company in the U.S. and still controls the APC brand). The company's...
President Obama and PM Modi Affirm Convergence in Strategic Perspectives
During an official working visit of Prime Minister Modi to the United States, and marking the third major bilateral summit between him and President Obama, the leaders reviewed the deepening strategic partnership between the United States and India: India’s ratification of the Convention on Supplementary Compensation for Nuclear Damage, has...
India and the Global Competitiveness Index 2016
The 2016 Global Manufacturing Competitiveness Index (GMCI), by Deloitte Global and the Council on Competitiveness in the United States shows the ongoing influence manufacturing has on driving global economies. China tops the list of manufacturing nations again while India stands 11th. However, by 2020 all three North American nations and five...