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,...
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...
Manufacturing competitiveness by Country
Ranks for 2013 Rank Country Index score (10=high, 1=low) 1 China 10.00 2 Germany 7.98 3 USA 7.84 4 India 7.65 5 South Korea 7.59 Expected ranks in five years Rank Country Index score (10=high, 1=low) 1 China 10.00 2 India 8.49 3 Brazil 7.89 4 Germany 7.82 5 USA...
Cummins to hire 2,500 in USA, Sales in India up 37 percent
Cummins Inc.'s (CMI) fourth-quarter profit climbed a better-than-expected 34% as strong sales in India and other BRIC countries offset weaker demand in the engine-maker's North American market. The maker of truck engines and power generation systems continues to expect growth, with plans to add about 2,500 U.S. jobs this year...
India approaches China in Manufacturing Prowess
It's the accepted wisdom that no country can touch China in desirability of a manufacturing location. There are few fields in which the "middle kingdom" does not excel. But did you know that the second largest maker of blank DVDs/CDs and related media is a company located just outside India's...
India Industrial production surges in April after sustained rise
Since September 2009, India's industrial growth has been above 10 percent. In April 2010, industrial production was almost 18 percent higher than a year ago and ahead of a Thomson Reuters forecast of 13 percent. Machinery and equipment was the fastest growing industrial sector, at an incredible 55.6 percent growth...