Amazon plans to invest $3 billion to expand its India quick-commerce business by 2030, according to The Economic Times, its largest commitment yet to a delivery category where it has trailed local rivals for years. The plan calls for $1 billion by the end of 2027 and another $2 billion by...
Starbucks Opens Its First India Technology Hub in Chennai
Starbucks Corporation will open its first Global Capability Center in India, in Chennai, in southern India. The coffeehouse chain expects the center to create more than 800 technology jobs. The two sides signed a memorandum of understanding on September 21, 2026. The center will be located at DLF Downtown in...
India Grows in Importance as a Hub for Biopharmaceutical Manufacturing
India is growing in importance as a hub for biopharmaceutical manufacturing, particularly in the context of the proposed Biosecure Act in the United States. The Act aims to restrict U.S. biotech companies from working with Chinese firms, potentially driving more business towards Indian contract development and manufacturing organizations (CDMOs). A...
Air India to Launch Nonstop Flights to Los Angeles, Seattle, Dallas
Air India is the only Indian airline currently operating flights to the United States, with services to Washington, New York, Newark, San Francisco, and Chicago. As part of its consolidation efforts, including a proposed merger with Vistara, Air India is looking to expand its U.S. operations by launching direct flights...
Compass Announces Plans for Tech Hub in India
New York City headquartered Compass, the real estate technology company, announced plans for a new technology hub in India's HITEC City at Hyderabad. The new tech hub plans to hire 200 product and engineering professionals in what will become the fourth Compass Tech Hub globally. The facility will help accelerate...
Singapore, Canada Sovereign & Pension Funds Favor India
Attracted by political stability, a growing middle class, and a reforms push making it more appealing for foreigners to invest, sovereign wealth funds are buying stakes in India businesses from airports to renewable energy. Wealth and state pension funds are investing in private markets, to complement an existing focus on...