Telecom equipment maker ZTE, one of the bigger players in the global 3G space, with $9 billion in global sales, is ready to invest $100 million into its Indian subsidiary, ZTE India. The funds are expected to come to ZTE's Value Added Services Software Development Center in Bangalore which houses...
Western Companies Flock to India for R&D
German automotive parts company Schaeffler Group will set up a research and development unit in India. The maker of hydraulic clutch release systems, may hire up to 200 people. For all its trouble in the US, American car-maker General Motors is doing well in India. It plans to hire 150...
The next Big Wave: Innovation, Research and Development
I write for Business Week from time to time and this week, Dr. Atul Goel and I wrote a piece entitled: Innovation from India, the next Big Wave. It took them some time to publish the piece, but in many ways it is even more relevant now than when we...