Engineering Firm AECOM Plans to Expand in India

AECOM, a Fortune 500, U.S.-based engineering  consulting firm that provides end-to-end solutions for all kinds of infrastructure development projects, plans to hire 1,500 more employees for its India operations, its global chairman & CEO Michael S. Burke said. Currently the company has 2,500 employees located across eight regional offices and project offices in 26 states in India.

Burke, who is visiting India for the first time, said in New Delhi, “AECOM is committed to India and is in a strong position to help Prime Minister Modi and the Indian government achieve the infrastructure vision for the country. We will be hiring professional local talent in India. They are expected to be engineering professionals, architects and planners.”

The company is working on the Dholera New Township in Gujarat, and development of the naval base Seabird in Karwar in the state of Karnataka. The projected construction cost for the two projects is $7.3 billion and $3 billion, respectively. It also provides consultancy services for the Metro rail projects in six cities. The total cost of construction works being undertaken by AECOM for the Mumbai, Hyderabad, Kolkata and Chennai Metros is $9.9 billion.

March 15, 2015   No Comments

India to Spend $16 Billion on Warships Submarines

Reuters, citing defense sources, reported that Prime Minister Modi had summoned a meeting of the cabinet committee on security on 16 February to approve construction of seven frigates equipped with stealth features to avoid easy detection, and the government cleared an $8 billion plan to build India’s most advanced warships.

Under the  “Project-17A” , four stealth frigates will be built at  naval shipyards  Mumbai and  three in Kolkata. “Project 17-A was awaiting cabinet clearance since 2012,” a defense source said, adding the Modi government was moving quickly on a project seen as of critical national importance.

The Times of India said the government had also approved six nuclear-powered submarines  for a further $8 billion. After the cabinet committee for security approval, technical parameters or naval staff qualitative requirements (NSQRs) will be drafted for the over 6,000-tonne submarines. These are likely to be constructed at the ship-building center in Visakhapatnam in the eastern coastal state of Andhra Pradesh where India’s first three nuclear-powered submarines with nuclear ballistic missiles are being built.

February 25, 2015   No Comments

Cushman Predicts 46 million square feet of New Office Space in 2015

According to VCCircle.com, global real estate consultancy firm Cushman & Wakefield has reported that Bangalore, NCR, Mumbai, Hyderabad, Pune, Chennai, Ahmedabad, Kolkata are the top eight cities that are expected to have a robust supply pipeline of 46.4 million square feet of office space available in 2015. The release said this supply is likely to favor tenants, presenting them a variety of quality options to choose from and negotiating power in the short term.

The overall vacancy for top eight cities, is estimated to rise to 19% this year. The rise will be fueled by companies in IT-ITeS, banking, financial services and insurance sectors (BFSI), pharmaceutical and manufacturing sectors which are expected to ramp up their operations due to the impact of improved business sentiment, political stability and India’s economic scenario.

January 3, 2015   No Comments

American Tourists to India Can Now Get Visas More Easily

Most American tourists can soon obtain visas to travel to India much more easily. The new plan does not help business travelers.

According to media reports, this single-entry tourist visa is valid for 30 days, and a traveler may apply twice in a year. You submit an online application, pay $60, and upload an electronic copy of your passport and a photograph. A screening process follows, and within 72 hours, you will know if your visa application has been approved. Once that’s done, print a copy of the “electronic travel authorization” you receive via email, and take it with you to present when you land at one of nine international airports across India. At the airport, an immigration official will take your fingerprint and, everything being in order, you’ll be cleared to enter the country.

To the India Expert, this won’t smell like a visa on arrival, of the kind offered to American tourists by most countries, where the traveler just shows up at any border checkpoint with their passport and is let in within a few minutes and some onsite paperwork.

But it will still go a long way in boosting tourist travel to the country.  Besides the USA, Mexico, Brazil, Russia, much of Northern and Eastern Europe, most of South East Asia, Australia, New Zealand, Japan and Korea are also part of the expanded plan for the new e-visa process. The United Kingdom, France and Canada are not included at this point.

Only nine of India’s 20 airports will offer visas on arrival, including Delhi, Mumbai, Kolkata, Chennai, Bangalore and Hyderabad.

November 29, 2014   No Comments

Ericsson to expand Global Network Operations Center in India

Ericsson is expanding its Global Network Operations Center in India by opening a fourth site in Kolkata, complementing the existing sites in Noida, Gurgaon and Bangalore.

The new Global Network Operations Center site in Kolkata will help Ericsson meet growing customer demand and continue to attract and retain the best talent that India has to offer.

The Global Network Operations Center in India provides managed services that help operators in 49 countries around the world reduce capital expenditure, improve network performance and promote end-user loyalty. The managed services provided include service and resource fulfillment, proactive and reactive maintenance, alarm and network fault handling, restoration and repair of network faults, problem management and change management, customer problem management, help desks, network planning, design and optimization, application development and support, and operations management.

Amitabh Ray, Managing Director of Ericsson India Global Services, says: “India’s large ICT talent pool and fast-growing economy makes it the ideal place to base a Global Network Operations Center to serve Ericsson’s customers. Kolkata’s standing as a center of commercial and educational excellence makes it a great location for Ericsson’s newest Global Network Operations Center site.”

Ericsson’s Global Service Centers – situated in China, India, Mexico and Romania – house Global Network Operations Centers that, in combination with local and regional centers, provide managed services for networks that serve 1 billion subscribers. The Global Service Centers also develop competence to support regional service-delivery organizations in delivering professional services for the ICT sector in areas such as complex consulting, IT, systems integration, network rollout and customer support.

September 18, 2014   No Comments