Marquardt, a Germany-based maker of mechatronic components, has set up an R&D center at Hinjewadi in Pune in the western state of Maharashtra. The facility will collaborate on products for the global automotive segment. “In the past year we have received our largest contract in India from Tata Motors. Starting...
Localizing to Specific Customer Needs Spells Success for Cummins India
Located 42 miles from Pune in the state of Maharashtra is a village of rice growers, who for many decades had to trek to a neighboring village to get their raw rice de-husked because their village did not have the power supply to run the dehusking machine. Enter Cummins Inc.,...
Jeep Enters India with Wrangler
Another American icon, Jeep, will be on the Indian roads again in 2015 with the Cherokee and the Wrangler being the first entrants imported into the country. Fiat Chrysler Automobiles will begin SUV brands central to its global expansion, in India in 2015, the brand’s chief, Mike Manley, speaking at...
Tata Motors sells its low-cost Nano car via credit cards
The world’s least priced car, the Tata Nano, can now be purchased through a credit card in India. Tata Motors has allied with select credit card companies to finance the purchase of the Nano. Indeed, a person who buys the Nano through the credit card route can convert the purchase...
Stylish Tata Nano is now a Museum Exhibit at Cornell
An innovative car from India that costs just $2,500 is now the star of a museum exhibition at an Ivy League school. It most countries, you may be excused from thinking this a crazy notion. And it wouldn’t generally work unless there’s something special on offer. Which in this case...
India Ranked 9th Most Attractive Investment Destination
The United Nations Conference on Trade and Development (UNCTAD) released its 2010 World Investment Report with India moving up four spots from 13 to nine. With a whopping $130 billion inflow in 2009 the U.S. remained at the top of the list with China trailing, bringing in $95 billion. The...