Hyatt Hotels Corp. signed two new management agreements in India, bringing its total to 56 properties in the country. Opening at the end of 2014, the 275-room Andaz Gurgaon (in the New Delhi National Capital Region) will feature a spa and fitness center and 11,500 square feet of meeting space....
Paccar to source truck components from India
Nasdaq-listed Truck maker Paccar is tapping India for component sourcing and developing technology for its global operations, but has no plans now to sell or assemble products in the country. The work at the technical centre has already begun and the company will hire 200 employees by the end of...
Sandvik to open Pune facility to serve medical device companies
Sandvik AB of Sweden will open a medical technology division in the city of Pune (100 miles inland from Mumbai) via its Indian subsidiary to provide manufacturing services for medical device customers. Sandvik is a supplier of materials and manufacturing services to medical device OEMs globally. The Sandvik Bioline medical...
Indian Air Force to be led by Charlie Browne
Air Marshal Norman Anil Kumar “Charlie” Browne will be India’s new Chief of the Air Staff starting July 31, 2011. He will take over from the current Chief of Air Staff, Air Chief Marshall P.V. Naik, whom I met in 2009 at Vayu Bhavan (Air Force Headquarters) in New Delhi....
German carmaker expands captive R&D Centers in India
Mercedes Benz now has 650 engineers working at its Bangalore development center. The facility is dedicated to passenger cars, and it currently works in conjunction with Daimler's German unit in many areas, including development of powertrains, according India General Manager (Product Homologation) Prakash Vermali. The company hired 250 tech staff...