Global confectionery major Hershey has seen a strong quarter of growth in India, and says it is committed to investing in this emerging market. Mydigitalfc.com reports that Hershey India, a subsidiary of The Hershey Company, operates both its confectionery and beverage lines from regional sales offices in Mumbai, Delhi, Chennai...
Burger King to Expand in India
Burger King made an entry into the Indian market last November in a joint venture with Everstone Capital, and it opened 12 outlets in the National Capital Region and Mumbai. During the course of this year, more outlets will be opened in Bangalore and Punjab, said Rajeev Varman, CEO of...
Zeelandia of Holland To Bake in India
The Dutch family-owned baking company Zeelandia, has entered into a joint venture with Fine Organics which has been Zeelandia’s distributor in India since 2001. Fine Zeelandia will be based in Mumbai and it will cater to customers throughout the country, as well as in Sri Lanka, Bangladesh and Nepal. The...
Engineering Firm AECOM Plans to Expand in India
AECOM, a Fortune 500, U.S.-based engineering consulting firm that provides end-to-end solutions for all kinds of infrastructure development projects, plans to hire 1,500 more employees for its India operations, its global chairman & CEO Michael S. Burke said. Currently the company has 2,500 employees located across eight regional offices and...
Dubai-Based Healthcare Provider Plans Luxury Hospital Chain in India
Advet Bhambhani Ventures (ABV), a Dubai-based healthcare service provider, plans to establish India first "luxury" hospital chain. Live Mint reports that Advet Bhambhani, CEO of the ABV Group said, “ABV is looking at an investment of at least $64 million for facilities at multiple locations in the country and will...
India to Spend $16 Billion on Warships Submarines
Reuters, citing defense sources, reported that Prime Minister Modi had summoned a meeting of the cabinet committee on security on 16 February to approve construction of seven frigates equipped with stealth features to avoid easy detection, and the government cleared an $8 billion plan to build India's most advanced warships....