During his visit to the United States from September 30 to October 4, Indian Commerce and Industry Minister Piyush Goyal engaged in discussions with U.S. Secretary of Commerce Gina Raimondo and prominent CEOs to explore investment opportunities in India and strengthen bilateral cooperation and part of sixth India-US Commercial Dialog....
India Bullish on Adopting AI For Job Creation
At the B20 Summit in New Delhi, N Chandrasekaran, Chair, B20 India, and Executive Chairman, Tata Sons, offered his perspective on the ongoing debate surrounding AI's impact on employment. He asserted that AI could serve as a catalyst for elevating the capabilities of workers, leading to a more efficient and...
TPG Invests $1 Bn in India’s Tata Motors
Mumbai-headquartered Tata Motors Ltd., will raise close to $1 billion by selling a stake in its electric-vehicle business to a TPG fund and other investors. TPG Rise Climate along with its co-investor Abu Dhabi's ADQ, entered into a binding agreement to invest in a subsidiary of Tata Motors that will...
U.S., India Create 7 CEO Groups to Boost Bilateral Trade
The United States and India plan to push bilateral trade in energy, aerospace, defense, pharmaceuticals, and healthcare as part of a continuing commercial dialogue. Bilateral trade, which stood at $126 billion in 2017, is believed by many to be only a quarter of the actual potential between the two countries....
GE, India's Tata to Manufacture Jet Engine Components
GE Aviation, a division of Boston-based General Electric, and Tata Advanced Systems Ltd., entered into a partnership to manufacture components for engine-maker CFM International at a new factory that they will build in Hyderabad, India. (CFM International is a joint venture between GE Aviation, and Safran Aircraft Engines of France.)...