investing in india
Date: April 6, 2016
Companies within a distance of 6 miles in Telengana India: Facebook, Microsoft and Qualcomm, Amazon, Google, and Uber.
1) Ikea Investing $40 million, 2) Apple Investing $25 million, 3) Google to invest $154 million.....more and more
March 2, 2016
Prime Minister Modi Said, "There are immense opportunities in India. In the manufacturing sector, we have taken decisive steps to simplify processes and rationalise provisions. This includes licensing, cross-border trade, security and environmental clearances. We have announced attractive schemes in several sectors, including electronics and textiles."
Investing in India: Apple to open $25 million tech center and Google $160 million campus in Hyderabad
Feb 22, 2016
After Google's chief Sundar Pichai's recent announcement of setting a huge new campus for $160 million in Hyderabd, Apple, Inc said that they would be opening new $25 million tech center there by June and will involve jobs for 4500.
Feb 19, 2016
Oracle investing in India: "We ‘Make in India’ for the rest of the world”, said Oracle CEO Safra Catz. “I’m particularly excited about the incubation centers which will house substantial software and technology capabilities, tools, and training to help launch new technology startups built utilizing Java and the Oracle platform.”
Xiomi, a Chinese smart phone maker, and Taiwan based, Foxconn, one of the largest suppliers for Apple are dramatically expanding their manufacturing operations in India.
"In fact, the roaring labour costs and stricter environment regulations in China have pushed enthusiastic investors to look away and eye India as a more desirable destination, particularly those from small- and medium-sized businesses," state-run Global Times reported.
Though not necessary all the pledged investment will acutally be investment but the underlying point of 'optimism' is very high.
Data from the first 6 summits shows that 61% of the projects are at various stages of completion.
Goldman Sachs helped inspire a twenty-fold surge in financial investment in China, India, Russia and Brazil over the past decade, its chief economist popularising the term BRICs in a 2001 research paper.
Sharmin Mossavar-Rahmani, in charge of shaping the portfolios of the bank's rich private clients, has been arguing against that trend for four years, however, trying to persuade investors and colleagues they were safer sticking with the developed world.