Governor Greg Abbott of Texas returned from a productive economic development mission to India organized by the Governor's Economic Development & Tourism Office and the Texas Economic Development Corporation. The Texas delegation also included business and economic development leaders from across the state, representing more than 16 companies, communities, and...
India’s Solar Panel Maker to Invest $1 Billion in Texas
Solar photovoltaic module manufacturer Waaree Energies Limited headquartered in Mumbai, announced its planned facility in Brookshire, Texas outside Houston. This facility will be one of the largest U.S. solar factories by 2027. The facility will have 3 GW annual capacity when it opens in late 2024, expanding to 5...
India’s Nazara Tech Acquires WildWorks of Utah
Nazara Technologies Limited, global interactive gaming and sports media company headquartered in Mumbai, acquired kids’ interactive entertainment firm WildWorks for $10.4 million in an all-cash deal, marking the company’s first acquisition in the U.S. A diversified gaming and sports media platform with presence in India and across global markets such...
Terumo India Inks Pact with Argon Medical to Expand Portfolio
Terumo India, subsidiary of Japan-based Terumo Corporation, signed a partnership agreement with Frisco, Texas-based Argon Medical, manufacturer and marketer of specialty medical devices. Argon will provide new technologies and tools for procedures such as Biopsies, AV Access and Deep Vein Thrombosis treatments. Shishir Agarwal, managing director of Terumo India, said, "Bridging...
7-Eleven to Debut in India
Japanese-owned and Irving, TX-headquartered American convenience retailer, 7-Eleven, signed a franchise agreement with India's Future Retail to operate its stores in India. Future Retail's subsidiary, SHME Food Brands, will launch the stores this year. "7-Eleven is among the most iconic global brands in the food retail landscape. We are proud...
India's OYO Enters America's Budget Hotel Market
Having raised $1 billion from the Japanese investor SoftBank, India's hospitality unicorn Oyo entered the U.S. market by opening an office in Dallas, and is testing the market with OYO Townhouses in Austin, Texas. The company generates most of its demand directly, and its customers book rooms via its mobile app. Oyo focuses on the...