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Maharashtra Government Vs Mahindra Group

Maharashtra Government Needs to Ensure That Legitimate Incentives are Deployed. “Mahindra strongly advocates that the Maharashtra Govt. should keep their part of the commitment on the incentives offered that is conducive to industry. This is especially relevant since we make long-term investments based on commitments made by the State and on the premise that there will not be a policy change... 

Mahindra Partners Wins Global Award of Recognition in US $300 House Open Design Challenge

A blog post on the Harvard Business Review website recently challenged readers across the world to design a house that could be constructed for less than US $300. Initially a conceptual argument by bloggers Vijay Govindarajan and Christian Sarkar, the hypothetical idea of a house constructed for under US$300 received an overwhelming response and they began to bring together a collective of thinkers,... 

Infineon Extends its XC2000 Automotive Microcontroller Family:

New Low-End Devices Enable Body, Safety and Powertrain Solutions with 32-Bit Performance at 8-Bit Costs. Giving the medium-sized and compact car category access to the safety and convenience applications of the premium segment and enabling their compliance with the strictest fuel consumption and pollutant emission requirements Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced on Jun 21,... 

Boeing to Build 10 C-17 Airlifters for Indian Air Force

L Boeing [NYSE: BA] today announced that India’s Ministry of Defence has signed an agreement with the U.S. government to acquire 10 Boeing C-17 Globemaster III airlifters. The Foreign Military Sale – approved by the U.S. Congress in May 2010 – establishes India as the C-17′s largest international customer. According to the agreement, India will take delivery of its C-17s in 2013 and... 

J.D. Power and Associates Reports: India Expected to Become the World’s Third-Largest Light-Vehicle Market by 2020; However, Profits Not Likely to Match Two Largest Markets, China and the United States India’s Auto Market Will Not Reach Its Full Potential until It Overcomes Its “Three Deficits”: Trade, Budget and An Underdeveloped Infrastructure

India surpassed France, the United Kingdom and Italy to become the sixth-largest automotive market in the world in 2010, and it is expected to become one of the three largest automotive markets in the world by 2020, according to a special report titled “India Automotive 2020: The Next Giant from Asia,” released by J.D. Power and Associates today. More than 2.7 million light vehicles (passenger... 

Ford Motor Company Announces U.S. $72 Million Investment to Increase Production Capacity at Chennai Engine Plant

Ford Motor Company Announces U.S. $72 Million Investment to Increase Production Capacity at Chennai Engine Plant * Ford Motor Company to invest US $72 million to expand its powertrain facility in Chennai to support sales and export growth plans in India * The engine plant’s production capacity will increase from 250,000 to 330,000 units per year, an additional output of 80,000 diesel engines *... 

Setting up of Clusters for Micro and Small Units

The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the Micro and Small Enterprises – Cluster Development Programme (MSE-CDP) Scheme for development of MSEs in clusters through interventions leading to setting up of Common Facility Centers and Infrastructure Upgradation. Under the infrastructure development component of MSE-CDP scheme, 130 proposals have been approved for...