Mississauga, Canada-based AMP Solar had acquired a 49 percent stake in Rudra Solarfarms Limited a subsidiary of Suzlon Energy based in Pune, India, in December 2016. The Canadian global developer of flexible clean energy infrastructure, has now acquired the remaining 51 percent stake in Rudra Solarfarms for $2 million. Rudra...
India Crosses 500 Million Internet Connections
By the end of September 2018, India recorded 56o million internet users marking 65% growth from 340 million connections in March 2016. According to a report from the Telecom Regulatory Authority of India 64% of the internet connections are from urban areas while 36% are from its rural regions. India's...
Canada's Communitech Partners India's T-Hub
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...