Headquartered in India's southern city of Hyderabad, T-Hub, India's largest incubator for startups, has partnered with Ontario-based Communitech to pick nine Canadian tech start-ups for the 'Global Bridge: Canada-India' program. Launched in July this year, the program aims to provide Canadian startups and scale-ups with market access opportunities to grow their...
Qualcomm to Set Up Campus in India
Semiconductors and telecom major Qualcomm will invest $400 million to set up its largest facility outside its headquarters at San Diego, CA., at Hyderabad in India's southern state of Telangana. Phase-1 of the project will include a built-up space of 1.7 million square feet to house 10,000 employees. Qualcomm already...
Benelli to set up R&D, Assemble, Manufacture Motorcycles in India
Italian motorcycle brand Benelli, that is now a part of China's Qjian Jiang Group, has partnered with Hyderabad, Telangana-based Mahavir Group's subsidiary, Adishwar Auto Ride International. The partnership entitles the Indian entity to assemble and manufacture motorcycles, as also import an exclusive range of motorcycles from Italy and Southeast Asia. Dante...
Safran Inaugurates Wire Harness Factory in India
Paris, France-based international supplier of systems and equipment in the aerospace and defense markets, Safran S.A. announced the opening of a factory to manufacture electrical wiring interconnection systems in Hyderabad, located in India's southern state of Telangana. Stretching across over 43,000 square feet, this factory will employ 250 people. It...
GE Power India Wins $80 Million in NTPC Contracts
GE Power India Ltd., was awarded one contract worth over $45 million by state-owned NTPC Limited, India's largest power utility, for installing a Flue Gas Desulphurization (FGD) system at Phase-I of NTPC’s Super Thermal Power Project in the southern state of Telangana. According to the emission norms for controlling sulfur oxides,...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...