In an interview with Hindustan Times in New Delhi, Dennis Muilenburg the CEO of Boeing who joined the plane maker as an engineering intern in 1985, became CEO in 2015, and now becomes chairman on March 1, discussed his plans for Boeing’s investment in India. More than an investment in...
Make in India Exhibition Gets Response
The Make in India week, organized by the Department of Industrial Policies and Promotion and the western state of Maharashtra created avenues for showcasing, connecting and collaborating for manufacturing in India. The response from corporate investors from domestic and international markets was significant , and 2,094 memorandums of understanding were...
GE Confident on Expanding Footprint in India
Speaking to CNBC-TV18, GE’s vice chairman John Rice said that he had confidence in the economic team put together by Prime Minister Narendra Modi. Excerpts of the discussion from Money Control, follow: On business outlook in light of the economic disturbances: Rice: There is certainly a lot of discussion about...
Attend Regional Convention of Overseas Indians, Los Angeles November 2015
Persons of Indian origin and Indo-philes alike are welcome to attend the 2015 Regional Pravasi Bharatiya Divas (Overseas Indians) Convention hosted in Los Angeles for the very first time. Sushma Swaraj, India’s External Affairs Minister who also runs the Ministry of Overseas Indian Affairs inaugurates the Convention at 6:00 PM...
India’s Commerce Minister Reports 48% Increased FDI
Minister of State for Commerce Nirmala Sitharaman, said that since the launch of the ‘Make in India' initiative in September 2014, there has been a 48 percent increase in Foreign Direct Investment inflows for the period October 2014 to April 2015 as compared to the corresponding time frame of the...
JV Between GE Aviation and India’s Mahindra Aerospace to Manufacture Aerostructures
GE Aviation and Mahindra Aerospace have signed a new agreement to collaborate in the production of small, metallic complex structural sheet details and assemblies in Mahindra's new Aerospace facility in Bangalore, India, reports CNN Money. Stefanie Darlington, Executive Sourcing Leader for GE Aviation's Composites Value Stream, said "The establishment of...