Category — Architecture
“We are looking at finding business partners and building business internationally. We want to create opportunities and jobs for our architects, in India. It is a dynamic time for the US-India relationship,” said Mikey Jacob, First Vice-President, American Institute of Architects. According to Dean R. Thompson, US Consul General in Kolkata, this was one of the largest trade delegations to visit Kolkata since 1999.
The purpose of the mission was to introduce American firms to India’s rapidly expanding market for architectural and engineering services and to assist them in pursuing export opportunities in the sector. The firms will meet government officials, industry officials, as well as officials from West Bengal Housing Infrastructure Development Corporation Ltd, Thompson said. Targeted sectors holding high potential for US architectural firms include master planning, regional and neighborhood design, as well as architecture for ports, hospitals, healthcare facilities, airports and other transportation infrastructure.
November 23, 2012 No Comments
Ed Fast, Canada’s Minister of International Trade and Minister for the Asia-Pacific Gateway, highlighted the launch of the fifth round of negotiations toward a Canada-India trade agreement. “Our government remains firmly focused on what matters to Canadians: jobs, growth and long-term prosperity. Deepening Canada’s trading relationships with high-growth markets like India is key to these efforts,” said Fast.
A Canada-India joint study concluded that a trade agreement between the two countries could boost Canada’s economy by at least $6 billion. That translates to almost 40,000 new jobs or a $500 boost to the average Canadian family’s annual income. A trade agreement with India would eliminate or reduce tariffs on Canadian goods, liberalize trade in services, and directly benefit Canadian workers and businesses in sectors such as agriculture, resource-related and chemical products, transport equipment, machinery and equipment, and services.
August 17, 2012 No Comments
Can you sell a car that costs $1.1 million in a country where 65 percent of the population makes under $2 per day. If that country is India, the answer is sure, you can try.
India has 69 dollar billionaires. One of them, Sunil Bharti Mittal, of Airtel, bought a Maybach a few years ago for the wedding of his child. Some reports say that Mukesh Ambani also owns one.
According to the Financial Times, “The Maybach will face stiff competition. Rolls Royce and Bentley already have a strong presence in the country. The former sold 70 cars in 2010. Mercedes hopes the Maybach’s hefty price tag, refined decor and maximum speed of 250km per hour will distingiush it from competitors.”
Takeaway: If you know how to position properly for the Indian market, you can generally sell anything in India’s frenetic economy in 2011. (But it takes courage, flexibility and patience).
February 13, 2011 No Comments
Called called Antila, after a mythical island in the Atlantic Ocean, the world’s most expensive home has just been completed after seven years of construction. Billionare owner Mukesh Ambani, his wife Nita and three children are set to move into the opulent 27-floor building after an housewarming party on October 28, which boosts a guest list of India’s elite that reportedly includes Prime Minister Manmohan Singh and star cricketer Sachin Tendulkar. The 37,000-square meter home, is bigger than the Palace of Versailles, London‘s Telegraph reported. And with a wait staff of 600 and six floors of parking for 168 cars it may feel more like a hotel to some. But it is not.
Antilia was built in consultation with US architecture firms Perkins + Will & Hirsch Bedner Associates. American architects have had a major hand in shaping India’s new skyline.
Just above the six floors of parking is the is the lobby, with nine elevators servicing the building. On the eighth floor lies a 50-seat movie theater since the Ambanis can’t readily go to a commercial cinema show, given their celebrity status. Another floor consists of a ballroom that has a ceiling mostly covered by crystal chandeliers. Other floors contain a health spa with a gym and dance studio, swimming pools, lounges, a vehicle maintenance area and, of course, guest rooms. The Ambani family will reside on the skyscraper’s top four floors with breathtaking views of the Arabian Sea on one side and the back bay on the other.
October 15, 2010 No Comments
Lodha Developers Ltd. of Mumbai has announced that it plans to build the world’s tallest residential tower using proceeds from its planned public offering.
Central Mumbai has enjoyed a huge resurgence as former textile mills have been torn down to make room for modern residential and commercial construction. The financial, entertainment and manufacturing capital of India, Mumbai also contributes almost 40 percent of all personal income taxes collected in India, although it accounts for only 2 percent of the population.
Pei, Cobb, Freed & Partners, the New York firm led by the architect who designed the famous pyramid at the Louvre in Paris and the iconic Bank of China tower in Hong Kong, is expected to win the design contract according to a report in Business Week.
June 6, 2010 No Comments