New York-based International Flavors & Fragrances Inc.(IFF), broke ground on a flavors and fragrances plant located in Sri City, in the southern state of Andhra Pradesh in India. Part of a larger investment into the Greater Asia region, the plant is expected to be commercialized in December 2019. The new...
WeWork Expands to India
Miguel McKelvey, co-founder and chief creative officer of the $20 billion New York-based collaborative workspace startup WeWork, discussed his business in India with Forbes' India staff Anshul Dhamija. McKelvey said that in India WeWork had entered into a partnership with the Embassy Group. They launched operations in the beginning of...
Nielsen Partners India's SnapBizz for Data on Retail Analytics
New York-based global marketing research firm Nielsen Corporation announced a strategic partnership with retail technology start-up SnapBizz, headquartered in Bangalore, India, to provide real-time, actionable insights on products and services for retailers and companies in traditional trade. Traditional trade stores account for nearly 90 percent of the fast-moving consumer goods...
India Growing Robustly Says World Bank's Kim
Predicting a strong global growth this year, World Bank president Jim Yong Kim said India has been growing “pretty robustly”. Speaking at the Bloomberg Global Business Forum meeting in New York, Kim said, "A country like India is growing, has been growing pretty robustly. We think, Japan is growing. Europe...
India is now IBM's largest Center for Employment
IBM's biggest pool of employees is in India where it employs 130,000 people, or one-third of its total workforce, which is more than the number of people it employs in the U.S., per a report in The New York Times. Both low-level and high-level jobs are assigned to India. Core...
U.S. Invests the Most in India's Startups
According to New York-based CB Insights, U.S.-based investors are the most active foreign participants in India’s start-up ecosystem over the past five years, making over 800 equity deals during the period. In the list of top five foreign investors in India’s technology ecosystem, U.K., with 1% of deals stood at...