Tokyo-based Renesas Electronics Corporation, announced a strategic partnership with Tata Motors Ltd., and Tejas Networks Ltd., both Tata Group companies, to design, develop, and manufacture semiconductor solutions across electronics systems. Renesas and Tata Motors will collaborate on developing next-generation automotive electronics to drive leadership performance and scalability for vehicles. Both...
India's Titan Company Partners Watchmaker FTS USA
Fountain Hills, AZ-based watchmaker FTS USA entered into a strategic partnership with Bangalore-based Titan Company Limited, part of India's Tata Group conglomerate. FTS is the only commercial source for quartz watch movements made in the United States, its website says. Titan, the world's fifth-largest watchmaker that produces 16 million watches...
U.S., India Create 7 CEO Groups to Boost Bilateral Trade
The United States and India plan to push bilateral trade in energy, aerospace, defense, pharmaceuticals, and healthcare as part of a continuing commercial dialogue. Bilateral trade, which stood at $126 billion in 2017, is believed by many to be only a quarter of the actual potential between the two countries....
Zara India Reports 70 Percent Rise in Profits
Driven by strong sales and lower price points, fashion retailer Zara's net profit went up more than 70 percent in India in 2017. Spain-based Inditex has two joint ventures with India's Tata Group’s retail arm Trent: one for Zara and the other for luxury label Massimo Dutti. The joint venture...
Ten Most Significant Changes in India in the Last Decade
Forbes documents the top ten most significant changes that India has witnessed from 2010 to 2017. Read a lightly edited summary of these below: 1) Emerging as one of the largest economies The recent economic expansion noted in India has brought a record number of people out of poverty. A...
India's Airtel Set to Become Leader in Telecom Market Share
Bharti Airtel will acquire Tata Group's loss-making mobile telephony business, boosting its spectrum holding and raising subscriber base while saving the Tatas from the prospect of having to shut down the struggling unit. Tata will retain the non-mobile businesses, such as broadband. "Instead of closing down the consumer mobile business,...