Cincinnati, Ohio-based Procter & Gamble announced that it will source as much as $30 million from women-owned businesses across India in the coming three years. The move aligns the company’s global commitment to building greater gender equality with the United Nations’ sustainable development goals. Working in partnership with WEConnect International...
Diebold Nixdorf Targets over 30 percent Revenue Growth in India
With 49 percent market share in the ATM segment, and a presence in 4,000 Tier I cities in India, Ohio-based Diebold Nixdorf plans to shift its focus to Tier 2 and Tier 3 cities. This is part of its strategy to grow its retail business in India the company's managing director...
ATM Maker Diebold Says India is a High Growth Market
With a presence in over 4,000 cities and towns, Ohio-based Diebold has operated in India for more than 25 years and is well versed in the country's banking and financial narrative. The company recently completed integration after acquiring German corporation Nixdorf. In an interview with CXO Today, Jaivinder Singh Gill,...
Timken India Outperforms Peers
Timken India, a bearings maker and subsidiary of Ohio-based Timken, has demonstrated better revenue growth than its peers due to higher exports and strong parental support. The company's revenue grew by 12.3% annually in the past four years compared with the 2.8% industry growth; and its share of exports grew...
GE Turbines to Power Indian Navy’s Frigates
ASDNews reports GE Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. These gas turbines will be provided under license from GE by its in-country partner, Hindustan Aeronautics Limited, Industrial and Marine Gas Turbine division, located in Bangalore. “We are delighted that...
BiOWiSH Technologies Improves Shelf Life of Bananas from India
India is the largest banana producers in the world, yet, only a fraction of this produce hits global markets. The National Research Centre for Bananas in Tiruchirappalli, in the southern state of Tamil Nadu estimates India’s banana and plantain production at 28.4 million tons per year with 20-24% of harvest...