India Commissions Largest Solar Plant in the World

Kamuthi, in the southern state of Tamil Nadu in India, now has the world’s largest solar power plant in a single location. With a capacity to produce 648 MW of electricity, the plant covers an area of  4 square miles.  The project consists of 380,000 foundations, 2.5 million individual solar modules, 576 inverters, and 154 transformers.  Each day, the plant is cleaned by a robotic system that is charged by its own solar panels, Al Jazeera reported.

Kamuthi Solar Power Plant

This solar plant is backed by the Gujarat-based conglomerate Adani Group, and it was constructed in a record time of eight months. The government wants to raise $1 trillion to quadruple its current global solar power to 1 terawatt by 2030, and there are plans to create even bigger solar parks in the state of Andhra Pradesh, says Quartz.

 

December 14, 2016   No Comments

Henry Ford Health System Debuts in India

Michigan-based Henry Ford Health System signed a 20-year technology licensing arrangement with Pearl Human Care Pvt. Ltd., that is putting up a super-specialty hospital in Vellore, in the southern state of Tamil Nadu. The company is also looking at India for similar tie-ups with green and brown field hospital projects.

Henry Ford Health System logo

“We are looking at licensing our technologies to existing hospitals in India. We are also in talks with others in India for licensing tie-ups,” said Marck Coticchia, vice president and Chief Information Officer at Henry Ford health System, who added that the focus will be on bringing high quality healthcare at affordable costs, reports the Economic Times.

 

 

 

October 17, 2016   No Comments

Asia Competitive Institute Ranks India’s States for Ease of Business

In a study done by the Asia Competitive Institute which is part of the Lee Kuan Yew School of Public Policy, the Indian states of Maharashtra, Gujarat, Delhi NCR, Goa and Andhra Pradesh are rated as the top five of 21 sub-regional economies in ease of doing business in India.

Maharashtra, Delhi NCR, Tamil Nadu, Gujarat and Karnataka, were rated as the most competitive states, as well as states that lead in attracting foreign direct investment accounting for over 50 percent of the total FDI inflow into the country, said Sasidaran Gopalan, research fellow at the institute.

States of India

States of India

India’s appreciating real effective exchange rates have not significantly affected FDI inflows over the last decade, reports Bloomberg.

“The impact of real exchange rates on FDI in India has been rather negligible so far,” Gopalan pointed out, citing the finding from a recently concluded study by the institute for 2000-2013. The research study, however, also concluded that the volatility in Indian rupee “actually appears to induce more FDI into the country”.

September 17, 2016   No Comments

BiOWiSH Technologies Improves Shelf Life of Bananas from India

India is the largest banana producers in the world, yet, only a fraction of this produce hits global markets. The National Research Centre for Bananas in Tiruchirappalli, in the southern state of Tamil Nadu estimates India’s banana and plantain production at 28.4 million tons per year with 20-24% of harvest lost due to substandard handling including improper transportation, packaging and storage reports Forbes.

Headquartered in Cincinnati, Ohio, BiOWish Technologies has developed a product in the form of a wash that has been tested to be effective at resolving latex issues in banana production, increasing storage life and maintaining their freshness. This creates options for longer supply chains to market while preserving final produce quality and to reduce the overall spoilage losses.

BioWiSH Fruit and Vegetable Wash

Rod Vautier, a founder of the company and currently Vice President of Sales and Marketing, said, “As we developed our product’s technology to improve the banana washing process to improve fruit aesthetics and save water, the significant extension of shelf life for the fruit was unexpectedly the greatest benefit to the perishable food industry.”

During a recent trial, a banana producer in Chamarajanagar near Mysore, India, compared a traditional post-harvest of aluminum sulfate-treated water with the BiOWiSH wash and found that after six days stored at room temperature, the traditionally treated bananas showed more signs of crown rot and ripening than the bananas washed in water treated with BiOWiSH.

The additional time to ripening provided by the newly developed wash will help India overcome some of its logistical challenges and increase its amount of exportable quality fruit.

March 27, 2016   No Comments

India Grows as Global R&D Hub for Multinationals

The Nikkei Asian Review reports that numerous multinationals have chosen  India as an attractive R&D destination. More recently, taking advantage of employment costs, as well the availability of technical skills, many companies across a variety of industry verticals have begun to set up their R&D centers or have enhanced their existing facilities in India. IT consulting firm Zinnov estimates that by 2020, India’s R&D services market will more than double from the 2014 level to $38 billion.

Earlier this year, Huawei Technologies, the Chinese telecom equipment maker opened an R&D campus in Bangalore, with an investment of $170 million. The company plans to hire up to 5,000 engineers for the new center. Chinese smartphone maker Xiaomi said it will open an R&D center in Bangalore which would customize products to suit local demand.

Expecting its users in India to reach around 40 million by 2018, Twitter, the U.S. social network provider announced plans to set up a research and design center in Bangalore.

In efforts to expand its presence in South  Asia, German chemical company BASF opened a research and development center for agrochemicals in Lonikand near Pune in the western state of Maharashtra, this year in May. BASF’s global R&D center, which the company opened outside Mumbai last year is working to create innovative solutions, for example, for organic synthesis. Another outfit from Germany Mercedes-Benz Research & Development India, a Daimler unit, is adding  1,700 engineers to its R&D centers in India by 2016. Currently, it has about 2,300 engineers in Bangalore and Pune.

In May 2015,  Ford Motors declared it will invest $786 million in building an R&D center in Chennai, Tamil Nadu.  Other companies such as Broadcom, Amway and Robert Bosch, have announced similar plans to bolster their product development capabilities. And it’s not just big companies that are investing in Indian R&D, California-based Cohesity, a start-up that deals in secondary storage space,  is expected to invest $10 million over the next two years in research and development.

December 3, 2015   No Comments