The Indian government has not only given its approval for the fabrication of high-tech semiconductor wafers, but has also extended several incentives to two business consortia – Jaiprakash Associates Limited in association with IBM as its technology partner, and HSMC Technologies India with the technical collaboration of ST Microelectronics who...
Danfoss India Commissions $80 Million Facility in Chennai
Danfoss India, a subsidiary of Danfoss Global, Denmark, inaugurated its new manufacturing, research and development campus in Oragadam, near Chennai. This campus encompasses facilities for research and development, skill development, and product development along with a customer application development center and testing labs with a focus on innovation for customized...
India's Commerce Minister Vows a Higher Growth Trajectory
Nirmala Sitharaman is an avid reader, an aficionado of Indian classical music and a graduate of Economics. She has worked with Price Waterhouse in London as a senior manager for research and analysis; she helped East European economies adapted to Western audit and marketing systems. On returning to India...
Honeywell’s TALIN to be Manufactured by Tata Power, India
Honeywell Aerospace has signed a licensing agreement with Tata Power's Strategic Engineering Division (SED), enabling it to produce Honeywell's Tactical Advanced Land Inertial Navigator, or "TALIN" in India. "TALIN represents the latest in GPS-free navigation and positioning technology, designed to improve asset safety and ultimately mission success," said Arijit Ghosh,...
Rockwell Collins’ JV with Zen Technologies
Rockwell Collins based in Cedar Rapids, Iowa and Zen Technologies Ltd. with facilities in Hyderabad, India announced an agreement to combine their capabilities on simulation and training technology and offer these to the Indian military. Rockwell Collins already has facilities in India focusing on aviation simulation and training products, as...
India: A Golden Opportunity for Global Manufacturing
Prime Minister Modi’s government is making an all-out effort to simplify and clarify labor laws and land acquisition regulations to ensure that India becomes more investor-friendly. New labor reforms announced in October seek to ease existing employment rules to boost manufacturing and job creation in the country. “For the success...