Industries

Volvo Sees Opportunity in India’s Automobile Market

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Dec. 4 – Volvo announced plans this month to launch its Eicher Pro Series trucks in India with its joint venture partner, Indian automaker Eicher Motors. Volvo points to the country’s enormous growth potential as the driving force for its expansion plans. Production of the Pro Series will start this February in newly upgraded Indian […]

India’s IT Sector Enjoying Positive Growth

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Oct. 18 – India’s information technology (IT) sector will enjoy positive results due to a 10 percent fall of the rupee against the dollar from July to September of this year. Depreciation of the rupee has increased the operating margins of export-oriented industries such as the IT sector, which derives the majority of its profits […]

Royal Enfield Set to Launch New Bike in London

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Sept. 29 – Royal Enfield, the classic British motorbike brand snapped up by India’s Eicher Motors in 1994 following a long British decline and eventual bankruptcy, is set to launch its first new bike in the UK since the brand effectively left Britain. Royal Enfield, which was purchased lock stock and barrel and relocated to […]

Key Sectors for FDI in India: Telecoms, Power and Oil & Gas

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Aug. 14 – Over the past decade, India has seen various sectors grow within the country. Starting from the services sector (which makes up about 23 percent of the country’s total foreign direct investment (FDI)), India also experienced growth in the following sectors: computer software and hardware (8 percent), telecommunications (8 percent), housing and real […]

India to Build 17 New Regional Airports By 2017

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Aug. 13 – Seventeen new airports are to be constructed during India’s current 12th Five-Year Plan period, the Minister of State for Civil Aviation, K. C. Venugopal, has informed the Central Government. The 12th Five-Year Plan period runs until 2017. Included are four airports in Karnataka, three in Maharashtra, two in Kerala and one each […]

Ford Wastes No Time Breaking Ground for Vehicle Exports from Chennai

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Aug. 1 – Ford India has become the second auto-manufacturer after Hyundai to have their dedicated car parking yard at Chennai Port. With Ford making India its global manufacturing and export hub, this dedicated facility at the Chennai Port marks a significant step to provide access and further accelerate exports of Chennai-made Ford autos, including […]

Could India Manufacture the iPad?

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The reason for the introduction of the luxury tax is that India now wishes to discourage the importation of foreign products that do not add to India’s FDI or domestic manufacturing position – in my view a fair enough stance to take. But coupled with that is the question over Indian manufacturing capabilities. Could Indian companies manufacture the iPad? Are the competencies and financial strengths there?

Ford to Make India a Global Auto Manufacturing Hub

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Jul. 24 – American automotive manufacturer Ford have announced plans to make India a central platform for their global vehicle production. The companies so-called “Project B562” will see the company move production facilities to its plant at Sanand, Gujarat, and commence manufacturing of three different vehicles from 2014. These cars will include a small hatchback, […]

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