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...
UPS Launches Logistics Facility in India
Atlanta-based UPS, the world's largest package delivery company and a provider of supply chain management solutions, launched its new integrated logistics facility in Hyderabad, India. "India is one of the fastest growing G20 economies and Hyderabad is fast becoming a ground for implementation of the `Make in India' initiative, said...
UTC Sets Up Video Analytics Lab in India
Farmington, CT-based United Technologies that provides technology products and services to the building and aerospace industries, set up a video analytics lab at the T-Hub, in Hyderabad, India. India's largest startup incubator, T-Hub, is a private-state owned partnership between the government of Telangana, three of India’s premier academic institutes, and...
Walmart to Set Up 50 New Outlets in India
Walmart will open 50 new wholesale stores across India over the next three to four years which will be located in the states of Telangana, Andhra Pradesh, Maharashtra, Punjab, Uttar Pradesh and Haryana. President and CEO, Walmart Canada and Asia, Dirk Van den Berghe, said Walmart was committed to India,...