ABB the multinational corporation dealing in power and automation and headquartered in Zurich, Switzerland, said it will double its workforce to 1,200 at its global engineering and operations center in Chennai in the southern state of Tamil Nadu, as well as open a new facility on the outskirts of Bangalore....
Mibelle Partners with India’s Future Group
Mibelle, a private cosmetic manufacturer that is part of Switzerland’s retail group Migros, has partnered with India’s Future Group to understand the Indian body care market and culture and develop brands and products accordingly said its CEO Luigi Pedrocchi. The company is Europe’s third largest cosmetic producer. Gama reports...
Premier Chocolatiers Support Cocoa Sector in India
Confectionery News reports that at least five premium chocolate making companies are interested in India’s cocoa sector to be able to produce single-origin Indian chocolate. Such chocolates are made from cocoa beans harvested from a specific country. Switzerland’s Chocolat Stella and the Austria’s Zotter already produce single-origin Indian chocolate bars....
India tops Altman's Baseline Profitability Index for 2015
In Foreign Policy Daniel Altman, senior editor, economics, and adjunct professor at New York University's Stern School of Business, released the third edition of the Baseline Profitability Index, a guide to where to invest around the world in 2015. He has outlined the factors that affect the ultimate success of...
Open Innovation Center at Nestle/General Mills unit
Executives from Nestle and General Mills attended the opening of an innovation center for Cereal Partners Worldwide, (CPW), a joint venture between the two companies located in Orbe, Switzerland. The new $50 million facility will focus on innovation to deliver new consumer benefits through CPW’s breakfast cereals, including improved nutrition,...