India has solidified its position as the "GCC Capital of the World," hosting the largest base of global capability centres (GCCs) at 17% of the global total. According to a report by Nasscom and Zinnov, the GCC market in India is projected to reach $99-105 billion by 2030, up from...
Atotech Inaugurates Engineering Center near New Delhi
Atotech headquartered in Berlin, Germany, inaugurated the Atotech Development Center (ADC) in Manesar, India. Though the facility was fully operational since late 2020, the pandemic delayed the official inauguration of the Center. CEO Geoff Wild said, "The opening of the ADC is an important milestone for our company. It now...
Microsoft Expands Engineering Operations to New Delhi Area
Microsoft launched its new India Development Center (IDC) facility at NCR, New Delhi, which will serve as a premier hub for engineering and innovation. This is Microsoft’s third Development Center in India after Bangalore and Hyderabad. The facility will collaborate with Microsoft teams globally to build products and services for...
Temasek and Ascendas-Singbridge Group to Invest in India Logistics
Singapore-based Ascendas-Singbridge Pte Ltd., that offers urban development solutions, will invest $320 million in logistics and industrial real estate in India. The company launched the Ascendas India Logistics Program which targets developing a portfolio of thirteen to fifteen million square feet of space in key warehousing and manufacturing hubs in...
U.K.'s JCB India Supplies Products to 93 Companies Worldwide
JCB India, a subsidiary of J.C. Bamford Excavators Limited universally known as JCB, with headquarters in Staffordshire, England, increased its revenue from $880 million in 2014 to over $1.2 billion at the end of 2017. The largest manufacturer of construction equipment in the country, JCB India's business was boosted by...
U.K.'s Triumph Motorcycles Will Be Made in India
Britain's Triumph Motorcycles will accelerate assembly operations in India, and by 2018, 90 percent of the products it sells in the country will be produced at its Manesar plant situated in the National Capital Region of Delhi. The company sells 16 models across five different categories and it recently launched...