Global Firms Seek India’s IT Talent for Digital Transformation

With technologies such as artificial intelligence and biometrics leading digital transformations in organizations across the world, India is seen as a prime location for global businesses to open technology hubs as an extension of their business rather than a third-party service provider.

Bangalore has the best environment for businesses to transform digitally, according to research of 45 global cities by the Economist Intelligence Unit (EIU). Mumbai and New Delhi were also ranked in the top four locations. EIU’s Connecting commerce: Business confidence in the digital environment report considered each city’s access to talent, open data, finance and innovation labs, as well as having a modern ICT infrastructure.

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-> In January, money transfer company Western Union opened a technology center in Pune that employs 1,000 people. The center will focus on technologies including robotics, machine learning and biometrics.

-> Samsung recently said it would be hiring 1,000 engineers for its three research and development facilities in India, “for domains such as artificial intelligence, machine learning, signal processing, computer vision, mobile security and biometrics, among others.”

-> Dutch software company Planon will expand its base innovation center in Hyderabad, India. CEO Pierre Guelen said, “Over the years, the Hyderabad operations, which started as a development center, have started delivering services for global clients. Next year, the Hyderabad center will be involved in the internet of things and artificial intelligence. The manpower will increase from 130 now to close to 300 by next year. There is good talent in Hyderabad.” This will give Planon 10 times as many people at its Indian innovation center than at its innovation center in the Netherlands.

Several U.S.-based CIOs and global VCs confirmed that India’s services and innovation ecosystem is stronger than it has ever been, and that companies are taking a more strategic view toward their Indian operations.

 

February 7, 2018   No Comments

Coca-Cola Factories in India Go Green

Hindustan Coca-Cola Beverages said that all three of its factories that it operates in India’s southern states of Andhra Pradesh and Telangana will be using solar power as the primary source of energy for manufacturing operations. The company has signed agreements with Vibrant Energy, a Hyderabad-based green energy solutions company, to procure 2.7 million units of solar power for these manufacturing facilities.

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Christina Rugiero, CEO, Hindustan Coca-Cola Beverages said, “Ensuring the well being of the planet is a shared goal. As one of India’s top manufacturing company, preserving and protecting the environment is a responsibility that we take seriously. We are inspired by India’s ingenuity and the government’s vision of achieving 40% cumulative electric power capacity from non-fossil fuel based energy resources by 2030.”

February 6, 2018   No Comments

Amazon India Scales Up Grocery Delivery Operations

Amazon India has started hyperlocal grocery deliveries, including fresh vegetables and fruits from its own stores, in the cities of Bangalore, Delhi-NCR region, Mumbai, and Hyderabad. Two years ago Amazon used to deliver groceries including fresh produce from third party stores such as Hypercity and BigBazaar in under two hours, where it handled the delivery part.

Called ‘Nowstore’, these new stores supply everything from fresh fruits and vegetables to packaged foods, household supplies, baby products, and even appliances and electronics; but they are not open to customer walk-ins, and are known as ‘dark stores’ in industry jargon.

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January 29, 2018   No Comments

GE, India’s Tata to Manufacture Jet Engine Components

GE Aviation, a division of Boston-based General Electric, and Tata Advanced Systems Ltd., entered into a partnership to manufacture components for engine-maker CFM International at a new factory that they will build in Hyderabad, India. (CFM International is a joint venture between GE Aviation, and Safran Aircraft Engines of France.)

The components made in India will go into the LEAP engine used in the new fuel-efficient Airbus A320neo and Boeing 737 MAX planes, both of which are part of GE’s global supply chain.

jet engine

The two companies will also pursue military engine and aircraft system opportunities for the India market. Parent group Tata Sons said that a new Center of Excellence will be set up to help develop a robust ecosystem for aircraft engine manufacturing in India and build related capabilities, reports Mint.

“We look forward to working with GE to build more expertise and strengthen India’s defense manufacturing capabilities,” said N. Chandrasekaran, chairman, Tata Sons.

December 15, 2017   No Comments

Minister Gadkari Highlights Aggressive Infrastructure Expansion

Speaking at a session on Opportunity in Infrastructure, Logistics Technology and Equipment in New Delhi this November, the Federal Minister for Road Transport & Highways, Shipping, Water Resources, Nitin Gadkari, said that the  federal government is committed to providing transport and logistics infrastructure in the country.

Gadkari noted that the logistics cost in India was higher than China’s. “We are trying to bring this cost down which will make Indian goods more competitive in the international market,” Gadkari said, adding that the government was prioritizing coastal transport and inland waterways which are priced comparatively lower than road or rail tariffs.

Nitin Gadkari

The Press Information Bureau quoted Gadkari who recounted:

  • Construction work for Logistics Parks  in  Chennai, Bangalore, Hyderabad, Vijayawada, Surat and Guwahati has begun.
  • Construction of National Highways has gathered considerable momentum. Three years ago the country had just 59,652 miles of highways, but this has now grown to nearly 105,633 miles, and will soon reach a length of 124,274 miles.
  • 44 Economic Corridors and 24 Multi Modal Logistics Parks have been planned under the Government’s flagship program Bharatmala. These will facilitate faster movement of farm produce to food processing centers and to markets.  14 Coastal Economic Zones to help fishermen and the fishing industry have been planned under the Sagarmala program. Two mega food processing parks for processing, grading and packaging of fish will also be developed.
  • 111 waterways are being developed as National Waterways.  The rivers Ganga, Brahmaputra, and Barak are already under development. Water transport will reduce logistics costs.
  • The efficiency of the 12 major ports has been growing rapidly, and they have been making profits consistently over the last three years. Dry ports are being developed at Jalna, Vidarbha and Nashik to begin with. The availability of ports will give a boost to movement of goods.

 

November 8, 2017   No Comments