Co-Diagnostics, a Utah-based molecular diagnostics company, says its joint venture for manufacturing, CoSara Diagnostics Pvt Ltd has obtained regulatory clearance for five tests in India. The clearance obtained is to manufacture and sell in the form of in vitro diagnostics ("IVDs") from their facility in Ranoli, India. “India is soon...
India's Manufacturing Sector Records Strong Growth in Q2
An analysis of 2,700 listed private sector non-financial companies conducted by India's central bank, the Reserve Bank of India, indicated that the textile and iron and steel segments maintained their pace of sales growth in the second quarter of 2018-19 as compared to the year-ago period. "The manufacturing sector sales growth...
India's Factory and Services Output on Growth Trajectory
Boosted by increasing new orders, India's manufacturing sector expanded activity at the fastest pace in four months in October. "Manufacturing continued to make up for ground lost in August, with a robust and accelerated rise in new orders boosting production growth in October," said Pollyanna De Lima, principal economist at...
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...
Oracle Inaugurates Product Development Center in Gujarat, India
Ramping up its engineering and product development team, Oracle India has inaugurated its 10th product development center in Gujarat International Finance Tec-City, Gandhinagar, reports Business Line. The company invests $1.6 billion of its annual $5 billion R&D budget in its India product development centers. In FY2015, Oracle hired more than...
India Wants to Export Weapons
India’s Defense Research and Development Organization has identified 15 weapon systems that may have an export market, the country’s top military scientist Avinash Chander said. The military hardware shortlisted for export includes Astra beyond-visual-range air-to-air missiles, Prahar surface-to-surface missiles, Akash missiles, Light combat aircraft, Tejas, supersonic cruise missile Brahmos, Sonars,...