Porsche Unit Partners with India’s Invilogic Software

Germany headquartered MHP, in which Porsche holds an 81.8% stake, entered into its first global partnership with Hyderabad, India-based design automation startup Invilogic Software and its German arm, ENIT Invilogic GmbH.

The partnership will help integrate design automation technology to automate product development with a seamless integration into Computer Aided Design, Product Lifecycle Management and Enterprise IT tools, reports the Times of India.

Michael Kirchgassner, head of R&D transformation at MHP said, “We believe Invilogic’s design automation capabilities, both in India and Germany, will complement our growth and customer consulting strategy across markets and industries.”

MHP
Siddharth Durairajan, CEO, Invilogic Software,  said that the company had invested $1.5 million on product development programs in India in the last 36 months, and will continue to invest in growing its software services research and development capabilities in Hyderabad, Bangalore, Pune and Germany. Currently, the company has a portfolio of 38 products and aims to add 10 more in the next 2 years.

June 5, 2017   No Comments

Amazon Launches Fire TV in India

Amazon launched its Fire TV stick in India  with Amazon’s Prime Video India director and country head Nitesh Kripalani and Amazon Fire TV vice president Marc Whitten at the launch. India is the fifth country where the device becomes available after the U.S., U.K., Germany and Japan.

Priced at $62, the Fire Stick stick comes pre-loaded with  Amazon Prime Video and rival platforms, such as Netflix, Fox India’s Star network-owned Hotstar, Viacom18’s Voot and Indian film major Eros International’s ErosNow, among others. Additionally, the device offers access to YouTube, various gaming apps and more, says The Hollywood Reporter.

Amazon Fire TV Stick with Voice Remote

Amazon Fire TV Stick with Voice Remote

Whitten said, “Fire TV Stick also offers data monitoring and other features to help customers in India get the most from their data plan and stream more content using less bandwidth.”

 

 

April 26, 2017   No Comments

Modi to Visit USA to Meet President Trump Soon

United States National Security Advisor H. R. McMaster met Prime Minister Narendra Modi in New Delhi in the third week of April setting the stage for a bilateral visit by India’s Prime Minister in the next few months, possibly as early as June.

US and India Flags

Trump and Modi will meet anyway in early July during the G-20 summit in Hamburg, Germany. However, both Indian and American government sources confirmed the possibility that Modi may travel to the U.S. for a stand-alone bilateral visit in June or July, reports the Indian Express.

April 20, 2017   No Comments

Germany’s BeYu Cosmetics Returns to India

The German color-cosmetic company BeYu will partner with Mumbai, India-based Kaunis Marketing Services for a re-entry to India this April. Short for ‘Be Yourself,’ BeYu sells 500 cosmetic aids in 40 countries which will now be available in India across 150 outlets. The company plans to launch a special set of 230 make-up items to suit skin tones in India.

“I believe this is the right time to re-launch BeYu in India as the disposable incomes of the growing middle- class is much higher than it was eight years ago. We have partnered with Kaunis to build our India footprint and will be available in 1,000 stores in three years,” Sascha Reinhard, managing partner, BeYu, told BusinessLine.

BeYu Cosmetics

Reinhard stated that a marketing budget of $107,880 had been earmarked for the launch, after which 30-40 percent of the annual turnover will be spent on marketing the brand. The $550 million  Indian color-cosmetics market is growing at a CAGR of 16 percent.

March 22, 2017   No Comments

Mercedes Introduces its First India-Specific Benz

Germany-based Mercedes Benz introduced the 2017 Long Wheel Base version of its popular sedan, the Mercedes-Benz E-Class in India this month. It is the first India-specific product from Mercedes-Benz; it took 48 months for its development and is made in India for sale in India. The gasoline version in Mumbai comes at a price tag of Rs. 5,600,000 ($85,120) and the diesel version is priced at Rs. 6,900,000 ($104,880).

India is the first global market to receive the LWB version of the new E-Class in the Right Hand Drive format, reports Carsandbikes.in.

Mercedes-Benz-New-E-Class--2

Salient features include:

  • Twin Daytime Running Lamp strips at the front, integrated into the headlamps
  • Self park technology
  • A 360 degree view rear camera
  • Inside, the car gets ambient mood lighting, which can be set in as many as 64 different colors.

March 2, 2017   No Comments