Data from India's central bank, shows that outward foreign investment in the first month of this current fiscal year (April 2021) increased by more than two-times year-on-year to $2.51 billion. Of this amount, $1.75 billion was in the form of loans, $421 million was equity capital, and $333 million was...
India's Share of EB-5 Investor Market Grows
EB-5, the United States visa program, that enables foreign investors to obtain a U.S. Visa by investing in a business that will benefit the U.S. economy and create jobs, is becoming an increasingly popular option for Indian nationals who seek permanent residence in the United States. Although its total market...
Build-A-Bear Launches in India
St. Louis, Missouri-based Build-A-Bear has partnered with Tablez, the retail arm of UAE-based Lulu Group International, to introduce the customized stuffed-animal retail-entertainment brand in India. Besides standalone stores, shop-in-shop formats of Build-A-Bear will be launched within Toys“R”Us as part of Tablez's venture to reach as many as 9 million households in...
British Telecom and India's Institute of Science to Collaborate on Research
British Telecom (BT) will partner with the Indian Institute of Science (IISc), one of India’s leading research institutions, to launch a new collaborative research center in Bangalore. The new BT India Research Center (BTIRC) will join BT’s network of collaborative research facilities around the globe, including those in Northern Ireland,...
India's JVs Will Manufacture Rifles For Export
During DefExpo 2018, the defense exhibition that took place at Chennai this month, companies from India signed joint ventures with foreign arms manufacturers to make some of their products in India. Utah-headquartered Desert Tech partnered with Nagpur, India-based Neco Group. The joint venture Neco Desert Tech Defense, will make rifles that...
India Ranks 3rd among Top 10 Countries for LEED Green Buildings
With more than 752 LEED-certified projects totaling over 20 million square meters of space, India ranks third on the US Green Building Councils (USGBC) annual ranking of the top 10 countries for Leadership in Energy and Environmental Design (LEED) certified buildings. Rank Nation Number of Projects Gross Square Meters 1....