Dr. Kris Singh, the Indian-American founder and CEO of New Jersey-based SMR LLC and Holtec International offered mini nuclear reactors to India. "The new generation small nuclear reactor uses light water technology to produce 160 MW and is the future of nuclear energy because of its unconditional safety and economy," Singh told...
U.S., India, China, Lead in Artificial Intelligence
Malcolm Frank, head of strategy at IT firm Cognizant, headquartered in Teaneck, New Jersey, told CNNMoney that the United States, India, and China are far ahead of anyone else in artificial intelligence. In America, Amazon, Facebook, Google, and Tesla are investing billions of dollars to substitute for people in sectors such...
New Jersey based ATCS Sets Up Innovation Lab in India
New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore. "The I-Lab not only serves as...
India's Aurobindo Pharma to Expand New Jersey Facility
Hyderabad, India-based Aurobindo Pharma said that it will expand its facility at its East Windsor, New Jersey, campus to set up a manufacturing facility for injectable products. Aurobindo's U.S., business chief, Bob Cunard, said in an earnings briefing that "the company has the bandwidth to add manufacturing in the United...
Honeywell to Open a New Campus in India
With a presence in India since 1930, New Jersey-based Honeywell has plans to open a $200-million facility in Bangalore later this year, to bring together its 8,000 employees in the city. The firm's 15,000 employees in India contribute over $1 billion to the company’s global revenues of $40 billion. When...
India’s Packaged Goods Industry Likely to Reach $50 Billion by 2017
India’s packaged food industry is rapidly growing. The sector is likely to rise to $50 billion next year from $32 billion last year, according to the Associated Chambers of Commerce and Industry of India, which said, "There has been a major shift in food habits in the metropolitan cities. About 79...