Bethesda, Maryland-headquartered global defense aerospace company, Lockheed Martin , and India's Tata Group have reached an agreement to produce fighter jet wings at their joint venture, Tata Lockheed Martin Aerostructures Limited (TLMAL), in Hyderabad, India. The wings will be used in the F-16 Block 70 fighter jets that Lockheed Martin...
Maryland Covid-19 Vaccine Maker Goes to India
Novavax CEO Mr. Stanley Erck believes that the vaccine's earliest approvals are likely to be accorded abroad and that the company has applied in UK, EU, Korea and India. According to Indian sources, India can take a cue from the UK regulator but may proceed on the basis of strong...
Hughes Communications, Airtel, Combine VSAT Operations in India
Hughes Communications India, subsidiary of EchoStar of Germantown, Maryland, and New Delhi-based Airtel announced an agreement to combine their VSAT operations in India. Hughes, the number one operator in the Indian VSAT market, will have majority stake in the combined entity while Airtel, the second largest VSAT operator, will have a significant...
Roche to Distribute Glucose Management System in India
Germantown, Maryland-based Senseonics' implantable glucose monitoring system, Eversense, will now be available in India following an extended distribution agreement with Roche Diabetes Care. Currently, Roche is the exclusive distributor for Senseonics in Europe, Middle East, North Africa, Israel and regions outside Scandinavia. The new deal for India is valid until...
Global Fashion Companies to Launch Stores in India
Having tasted online success in India, Baltimore, Maryland-based Under Armour, U.K.'s Dorothy Perkins, Dutch Scotch & Soda, and Italy's Replay plan to set up brick-and-mortar stores across the country. Research portal Statista based in Hamburg, Germany, predicts that India's clothing market will reach $100 billion by 2020. Under Armour aims...
Will Connected Healthcare Drive 5G in India?
Maryland-based Ciena, a telecom infrastructure company, and London, U.K.-based research firm Analysys Mason posit connected healthcare will be the most important driver for 5G in India. The report also suggests that telecom operators need a strong wireline phone strategy for 5G services to be productive in future. India's Bharti Airtel...