Germany's Volkswagen and India's Tata Motors signed a memorandum of understanding to develop components, and possibly new vehicles. Volkswagen's Skoda Auto AS will join the project on behalf of the German automobile group. Volkswagen CEO Matthias Mueller said the partnership would help it "achieve sustainable and profitable growth in very different...
India Participates in Hyperloop One's Global Challenge
Los Angeles-based Hyperloop One's chief executive officer Rob Lloyd, senior vice-president global field operations Nick Earle, and executive chairman and co-founder Shervin Pishevar were in New Delhi end February to showcase their 'Vision for India' to mark their official launch in the country. The event convened India's five semifinalist teams from...
Apple Discussing with Government on Manufacturing in India
Apple Inc., has written a letter to the federal government in India outlining its plans to seek financial incentives in an effort to gain market share in the country where 97% of all smartphones run Android, reports Buzzfeed. Earlier in June, the government allowed single-brand retailers like Apple to open...
Ash Carter: U.S. and India Destined to be Strategic Partners
CNN Politics reports that outgoing U.S. Defense Secretary Ash Carter was in Delhi in the second week of December in a last bid to boost relations with an ally that could prove crucial to U.S.-India defense relations. En route to New Delhi, Carter told reporters, "India and the United States...
India Clears Purchase of Howitzers from U.S. Supplier
India's defense ministry sources said that the cabinet committee on security, chaired by prime minister Narendra Modi, has cleared the acquisition of 145 M-777 ultra-light howitzers from the U.S. in a government-to-government deal worth $737 million. Defense-aerospace.com reports that the deal, which has a 30% offset clause, will be inked...
Johnson & Johnson Partners with Indo U.K. Institute of Health
During the India-U.K. Technology Summit inaugurated by Prime Ministers Theresa May of Britain and Prime Minister Narendra Modi of India, the Indo UK Institute of Health (IUIH) Medi-cities Program announced Johnson & Johnson India as its technology partner in Orthopedics. Johnson & Johnson's Medical division will provide advanced medical technology...