Maker of brake systems for commercial vehicles, WABCO has opened a new Application Engineering Center in Pune, the supplier’s second such facility in India. The new center will allow WABCO’s team of application and test engineers to work closely with global commercial vehicle manufacturers in India to jointly develop customized products and...
Lacoste to double revenue from India consumer market
Lacoste of France plans to double its India revenue by 2018, according to Rajesh Jain, its India Director. The company has grown in India at over 25 percent in each of the last three years and current sells products in 45 stores under its South Asia affiliate, Sports and Leisure...
China's Haier to Manufacture all Products in India
According to a recent article, by 2016, the Chinese consumer durables major Haier will manufacture all of its products in India. This will shield Haier India from the rupee-dollar fluctuations and encourage faster growth. Their 40-acre facility in Pune currently holds imports from China such as refrigerators, televisions, washing machines,...
Kongsberg Auto wins India automotive OEM business
Kongsberg Automotive, Pune plant in India has been awarded a contract for cable gear shift systems for manual transmissions from an unnamed Indian commercial vehicle manufacturer. The $30million contract is for four years for the New Generation Truck platform - multiple models -which the supplier says is a "breakthrough for...
Medical Device company expands product development and sales in India
Frans van Houten is the CEO of the $31 billion Dutch giant Philips. During a visit to India recently, he said healthcare is growing rapidly in India for Philips. In fact, the company has become the number one healthcare technology provider in India. The company designs and makes its own...
India's share of global exports doubles since 2000
According to an article in the Economist, Pune in west India, has won the steely hearts of Germany’s car firms. Inside a $700m Volkswagen plant on the city’s outskirts, laser-wielding robots test car frames’ dimensions and a giant conveyor belt slips by, with sprung-wood surfaces to protect workers’ knees. It...