Category — Sourcing
Michigan-based auto major Ford India reported a 15% increase in domestic sales at 7,560 units for March. “We continued to delight Indian families with products that promise safety and compelling value for money,” said Anurag Mehrotra, executive director, marketing, sales & service at Ford India.
In the first quarter of 2017, the combined domestic wholesale and exports grew to 63,117 vehicles compared to 51,338 in the first quarter last year, reports the Economic Times.
April 12, 2017 No Comments
Nikkei India reports that due to new domestic and export orders in India, the Nikkei Manufacturing Purchasing Manager’s Index for March 2017 scaled up the chart to fourth place, ahead of China.
Most Asian economies had scores above 50, indicating expansion from the previous month, reports Livemint.
The rise in the Indian Purchasing Manager’s Index indicates the manufacturing sector has fully recovered from the demonetization setback. This data will further support the upbeat stock market.
April 5, 2017 No Comments
California-based Cisco handed over its first Made in India product, a network router, to Ravi Shankar Prasad, India’s Minister for Electronics and IT.
“We are proud to deliver on our promise to Make in India and accelerate India’s journey to become a global leader in electronics manufacturing. India is an incredible country for Cisco as it represents a 360 degree value, a great growth opportunity, world-class talent, and is now an integral part of our global supply chain,” John Kern, SVP, Supply Chain Operations of Cisco, said.
Targeted for the use of small and medium businesses across multiple industry verticals, this router costs less than $1500 and is among the popular products of Cisco’s core switching portfolio worldwide, reports NPR. Recent surveys state that the internet usage in India is constantly rising. There are nearly 23 billion connected devices and the number is expected to double to over 50 billion by 2020.
March 29, 2017 No Comments
In Beauty and the Beast, Disney‘s film set in France, Britain’s Emma Watson, starring as Belle, wears a beautiful, delicately hand embroidered bodice created by India’s artisans. “They used a technique called ‘Aari work’ which is a very fine chain stitch traditional to the Kutch area of Gujarat,” said assistant costume designer Sinead O’Sullivan. She went on to mention that the style of embroidery “lent itself very nicely to eighteenth century French floral design.”
CNN reports that Anaita Shroff Adajania, fashion director for Vogue India and a stylist in the Indian film industry said, “It’s not just the film industry that’s turning to India. Some of the biggest names in fashion get their work done in the country.”
Former First Lady Michelle Obama wore the creations of Mumbai-born designer Naeem Khan on two occasions while Bibhu Mohapatra from India’s eastern state of Orissa has created outfits for Lupita Nyong’o, Jennifer Lopez and Gwyneth Paltrow.
March 28, 2017 No Comments
The Volvo Ocean Race owned by Volvo Cars and the Volvo Group hosts a round-the-world yacht race once every three years. This race is often described as the longest and toughest professional sporting event in the world, sailing’s toughest team challenge, and one of the sport’s Big Three events, along with the Olympics and Americas Cup.
Noida, India-based HCL Technolgies is the official IT services provider, developing and delivering IT solutions for the 2017-18 edition of the 45,000 nautical mile race around the world. The IT infrastructure will form the backbone of Volvo Ocean Race’s streaming and TV production, and will include vital features such as inter-site connectivity at the race’s global stopovers, digital content delivery, mobile data centers and infrastructure with full redundancy, Wi-Fi networks, and multimedia facilities for media centers and race offices, reports the Economic Times.
Volvo Ocean Race CEO Mark Turner said, “The upcoming edition of the Volvo Ocean Race will be more digitally focused than ever before. Building the complex IT infrastructure that we use for this around the world is a huge challenge, and we’re confident that this partnership with HCL Technologies will allow us to provide fans, media and stakeholders with a more connected experience than ever before.”
March 22, 2017 No Comments