In a significant move for international energy cooperation, CORE Energy Systems, headquartered in Thane,on the outskirts of Mumbai, India, partnered with Irving, Texas,-based Flowserve Corporation to locally manufacture Primary Coolant Pumps (PCPs) for India’s nuclear power plants. This collaboration marks a first in U.S.-India energy relations, specifically regarding the transfer...
IKEA Targets 30 Stores and Export Dominance in India
IKEA, the world’s largest furniture retailer, is significantly accelerating its investment in India, designating it a "priority market" for long-term growth. Despite global sales dropping to $51.7 billion in FY2025 from $52 billion the previous year, the company's Indian operations saw a 6% revenue increase and a 10% improvement in...
Universal Music Group Invests $90M for Stake in India’s Entertainment Sector
Universal Music Group (UMG), the Dutch -American music corporation with headquarters in the Netherlands and in Santa Monica, CA, has reached a definitive agreement to acquire a 30% stake in Excel Entertainment, an Indian film and digital content studio. UMG will pay $90 million for the stake, a deal that...
Reliance JV Fuels India’s Digital Ambitions
Digital Connexion, a joint venture between Reliance Industries, Brookfield Corporation, and Digital Realty, announced plans to invest $11 billion in building a 1-gigawatt AI-native data center campus in India. Scheduled for completion by 2030, the project represents one of the largest single data center investments in the country, underscoring India’s determination...
Starlink Internet Prepares for India Launch
SpaceX's Starlink is conducting final security tests in India, a mandatory step before launching its commercial broadband services in the country. These security tests are a crucial part of India's required security clearance process for all telecom operators. A key remaining regulatory hurdle is the final pricing framework for satellite...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...