India’s Mahindra Group to Set Up Tractor Factory in U.S.

 Mumbai, India-based Mahindra Group‘s wholly owned Houston-based subsidiary Mahindra USA plans to set up a greenfield manufacturing facility for tractors in the U.S. in the next three to five years. When asked about expanding operations, Mahindra USA president and CEO Mani Iyer said, “It makes sense down the line to have a factory in the […]

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August 7, 2017   No Comments

India Tops Growth in Passenger Vehicle Sales Globally

According to the Society of Indian Automobile Manufacturers, for the period January to May 2017, India topped the growth of passenger vehicle sales globally. With a sales growth of 11.34 percent India overtook the 9.05 percent growth of Japan, the only other Asian economy to have grown in terms of passenger vehicle sales. Other countries […]

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August 6, 2017   No Comments

Integrating Renewable Energy to Grid Viable for India

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) confirmed the technical and economic viability of integrating renewable energy into a grid with an advanced weather and power system modeling. The report, titled GREENING THE GRID: Pathways to Integrate 175 Gigawatts of Renewable Energy into India’s Electric Grid, Vol. I—National Study, says that India’s […]

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August 4, 2017   No Comments

Mobile Data and Subscribers to Grow Exponentially in India

A report by Mumbai-headquartered global analytical company CRISIL says that mobile data consumption in India grew 24 times in last five years, and is set to grow four-fold in the next five years through fiscal 2022, with data subscribers expected to double beyond 900 million and penetration reaching 80% from 40% at present. Other key […]

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August 4, 2017   No Comments

India a Top 10 Trade Partner for USA

India is currently U.S.’s 9th largest goods trading partner with $67.7 billion in total (two way) goods trade during 2016. Goods exports totaled $21.7 billion; goods imports totaled $46.0 billion. The U.S. goods trade deficit with India was $24.3 billion in 2016. According to the U.S. Census Bureau, the country’s top imports include jewelry, silverware, […]

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August 4, 2017   No Comments