|
|
|
| daily menu » rate the banner | guess the city | one on one |
|
|||||||
| Global Announcement |
|
SkyscraperCity needs your help to do some house cleaning! please click here for more info! |
![]() |
|
|
Thread Tools |
Rating:
|
Display Modes |
|
|
#361 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
GE to add several hundred more R&D jobs in India
General Electric (GE) will make an additional investment of $60 million in its technology centre in Bangalore over the next three years and take the headcount in the centre to 5,000 by the end of this financial year. The centre currently has over 4,500 people doing cutting edge research and development in areas like energy, healthcare and aviation and is GE's largest integrated multidisciplinary R&D centre outside the US.
![]() The $147-billion company's MD for the India technology centre, Gopichand Katragadda, said here on Thursday that new hiring would focus on senior level positions to further deepen the technological strength of the centre. "We have what we call chief engineers, who are people who finally clear designs of products, and principal engineers who support the chief engineers . We will increase the numbers of these engineers," he said. There is one chief engineer each for aviation and energy in India now; globally, GE has 15 in aviation and 20-25 in energy. Over the past two years, the centre has developed some 30 products for the Indian market, notably low wind turbines, air circuit breakers, portable ECG machines, and maternal-infant care products like baby warmers. In many of these, the focus has been on keeping costs down through frugal engineering. "The products developed here now account for 10% of our India revenue," Katragadda said. GE does not disclose country specific revenue. The target is to add another 30 products by 2015. The focus on energy and healthcare products will continue and GE plans to add sensing, locomotive and signaling products, the last two if it wins the bid for the Indian Railways' upcoming order for locomotives. Source: http://economictimes.indiatimes.com/...w/17332900.cms |
|
|
|
|
|
#362 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
Indian innovations relevant in Europe now, says Unilever CEO Paul Polman
Paul Polman, chief executive of Unilever, one of the world's largest consumer goods corporations, said innovations that have marked its growth in India, are now more relevant than ever, in recession hit parts of the world such as Europe.
"Learnings" from India such as lower price points for products in smaller packages or sachets, is gaining acceptance in the European market, where poverty has returned as the local economies continue to reel under recession, the UnileverBSE 0.54 % CEO said. "In UK, we sell some of our best brands at a price point of one pound," Paulman said. "People still want the best brands and now we can make it accessible to them." Paulman, who was in Bangalore on Thursday to open Unilever's global technology center, also highlighted the success of the affordable water purifying product, Pureit. The product entirely developed in India, is now being sold by Unilever in at least 15 other countries, where according to him, it has become a popular brand. Polman, who took over the reigns of the Anglo-Dutch corporation in 2009, said that developing markets including India will contribute at least 75% of revenues by 2020. Currently, these geographies that include India and China make up about 55% of its global revenues of about e 46 billion. Last month, Unilever had reported its third quarter revenues e 13.4 billion, aided by strong sales from emerging markets including India. In India, Unilever operates as Hindustan Unilever LtdBSE 0.54 %, country's largest FMCG company, listed on BSE and having revenues of around Rs 21,000 crore. Polman, who is known for pushing sustainable business practices within Unilever, said that it is possible to grow responsibly by giving back to the society rather than just taking from it. "You can be successful, grow both top and bottomline and still be very responsible to your consumers," Polman said. "The more we can do that, others will follow." Polman was in Bangalore to formally launch Unilever's global technology centre. The centre is being tasked with providing IT services and also helping Unilever to find new ways of using technology to improve its business. The 220,000 sq ft centre, the largest such facility for the company globally, currently houses 1,400 people but the headcount expected to go up as more global support functions are done out of here. Some of Unilever's existing IT services vendors such as InfosysBSE -0.23 % and Accenture will continue to support the company and will have their staff based at the new centre. Unilever recently shut four of its plants and cut close to 800 jobs in the UK. Source: http://economictimes.indiatimes.com/...w/17330314.cms |
|
|
|
|
|
#363 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
Bangalore breaks into top global startup league
In a testimony to its robust startup culture, Bangalore has been ranked among 20 influential startup ecosystems around the world in a study by global research firm Startup Genome.
Silicon Valley tops the list, and is followed by Tel Aviv, Los Angeles, Seattle and New York. Bangalore is at the 19th spot. Singapore is the only other Asian country on the list, at No. 17. ![]() ![]() Seoul, Tokyo, Beijing and Jakarta failed to make the list. Almost half the locations are in the US and Canada. Startup Genome is a project by three entrepreneurs - Bjoern Hermann, Max Marmer and Ertan Dogryutan - that seeks to capture the state of entrepreneurship worldwide. It does it through the Startup Ecosystem Index, which benchmarks the rise and fall of startup ecosystems using eight weighted component indices based on talent, funding, output and support. The index is based on data from more than 50,000 startups around the world. Spanish firm Telefonica Digital funded the study this year. Bangalore scored its best rankings (No. 10 in both) in the Mindset Index and the Differentiation from Silicon Valley (SV) Index. The former measures the extent to which entrepreneurs have demonstrated high appetite for risk, strong work ethic and ability to overcome challenges faced by startups. The latter measures how different the startup ecosystem is to Silicon Valley, taking into account the demographics and the type of companies started there, and Bangalore's rank suggests it's relatively similar to the Valley. Source: http://timesofindia.indiatimes.com/c...w/17330124.cms ![]()
Last edited by dino_srk; November 23rd, 2012 at 07:50 AM. |
|
|
|
|
|
#364 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
Bangalore city’s entrepreneurs work the longest hours
Some phenomenal startups have emerged out of India. Research firm Startup Genome’s Startup Ecosystem Report 2012 mentions a few, including Flipkart, Tally, Zoho, MakeMy-Trip and Hungama; others would add hugely successful ones like InMobi and RedBus.
The report finds that Bangalore startups are focused more on consulting (20% vs 7% in Silicon Valley) because of the city’s services lineage, than on mobile (8% vs 17%) or non-Web based software (16% vs 3%). But entrepreneurs are fast expanding their horizons into the software products landscape. Over 3,000 such companies are present in the country today, with Bangalore and NCR accounting for over 50% of these. “The mindset of a product entrepreneur is that of a disruptor. We are not collectively seeing the potential of this industry as yet. But the momentum is building up,” said Sharad Sharma, partner in venture capital firm Canaan Partners. Bangalore shares other aspects with Silicon Valley. The city’s entrepreneurs are as heavily committed as those in the Valley to work full time on a product. In fact, they work almost one hour more (10.86 hr) than their Valley counterparts (9.95 hr). Entrepreneurs in both ecosystems share the motivation to build great products. However, Bangalore startups are 67% more likely to tackle smaller markets than their peers in the Valley, though there are sizable addressable markets in emerging economies. The report said Bangalore entrepreneurs are less likely to tackle $1-$10 billion markets. The report says Bangalore engineers heavily rely on languages like PHP and Java, and much less on Ruby on Rails and Python compared to their peers in Valley. Ram Shriram, founder of USbased Sherpalo Ventures and an early investor in Google, said at the recent Nasscom Product Conclave in Bangalore that a whole new generation of apps was being built with a whole new set of technologies. “Most of them are open source technologies, and it’s important that Indians re-educate themselves, re-skill themselves in those technologies if they want to be contenders on the global stage. This means knowing how to build cloud applications that scale, knowing Ruby on Rails, knowing Python and a lot of the new programming languages,” he said. |
|
|
|
|
|
#365 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
Trelleborg inaugurates new facility in Bengaluru
Leading developer and manufacturer of industrial antivibration systems and specialty molded components, Trelleborg, officially opened its new, state-of-the-art facility in Bengaluru, India. The specialised production of industrial antivibration systems and molded components will allow the organisation to continue to develop its platform for local presence in the region and growth in India’s growing rail, off highway, energy, telecommunications and other industries.
The investment is part of Trelleborg’s continued long-term strategy to invest in markets with favorable growth potential. The site, covering a total of 2,800 sq. m/ 30,000 sq. ft, will include full end-to-end processing capabilities including metal preparation, injection molding and post molding preparation as well as test laboratory facilities for material and product testing. “With the high level of growth expected from the Indian market, this facility will place Trelleborg in the strongest position to provide world class engineering and service capabilities and support growth for our major customers in this important region,” says President for Trelleborg Industrial Solutions, Mikael Fryklund. “The facility in Bengaluru brings a significant increase in the local support capabilities for our customer base in the country, allowing easier access to our manufacturing expertise and vastly decreasing our reaction times to local product and service needs,” said Ranadip Basu, facility manager, Trelleborg Industrial Solutions, India. The facility is part of the Trelleborg Engineered Systems business area and it will initially employ around 40 people, with the number to be increased in the near future. Source: http://www.constructionweekonline.in..._in_bengaluru/ |
|
|
|
|
|
#366 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Science Gallery plans international branch in India
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#367 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
AO Smith to invest Rs 100 cr
US based water heater manufacturer AO Smith is planning to invest around $20 million (Rs 100 crore) in India to expand its manufacturing facility from the current 76,000 sft to 150,000 sft.
The company has so far invested around $10 million in India in its manufacturing facility in Bangalore. It is looking at increasing its manufacturing capacity from the initial level of 400,000 water heater units per annum to around 1.2 million units a year, once it completes the expansion by the middle of 2013, said Tamal Chaudhuri, managing director, A O Smith India Water Heating Pvt Ltd. “The Indian water heater market is around Rs 800 crore at present and we expect a market share of 14 per cent by end of this calender year. Our aim is to increase the market share by 18 per cent in the next two years,” he added. Even though there 7-8 players in the water heater market, only three, including AO Smith, has a manufacturing facility in India, he said. Source: http://www.business-standard.com/ind...100-cr/493618/ |
|
|
|
|
|
#368 |
|
Registered User
Join Date: Dec 2010
Posts: 224
Likes (Received): 11
|
Infinera to Expand R&D Centre in B’lore
US telecom transmission gear maker Infinera is expanding its Bangalore R&D unit as it sees India as its biggest Asian growth market, a top company executive told ET. “The Bangalore lab is a strategic investment where bulk of Infinera’s global R&D activity takes place and we are investing heavily in India to support increasing traction of our optical transport systems,” said the company’s vice-president (Asia-Pacific) Andrew Bond-Webster, though he declined to reveal specific capex numbers.
His optimism stems from the rapid adoption of mobile, video and cloud technologies in India, which places “unprecedented demand on transport network bandwidth”. “Network costs are being closely scrutinised due to macro-economic headwinds and extracting maximum efficiencies out of deployed assets is an ongoing goal for telcos in India,” said Bond-Webster. Engineers at the Bangalore lab, which houses 25% of Infinera’s global workforce, are driving innovations around the company’s flagship product, its instant bandwidth solution on the DTN-X platform that enables telcos to augment bandwidth in increments of 100 gigs per second. ![]() Infinera is among the shortlisted vendors for Infotel Broadband’s 4G rollout and recently hit the spotlight when it edged out Huawei, Ciena and ZTE to bag a key RailTel contract linked to the Centre’s . 6,000-crore National Knowledge Network (NKN) initiative that will link up premier institutions, universities and R&D centres. It expects stiff competition from entrenched incumbents like Huawei, Ciena and Alcatel-Lucent in India’s near $600-million optical networking gear market Source: http://epaper.timesofindia.com/Defau...rue&Skin=ETNEW. |
|
|
|
|
|
#369 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Crompton Greaves to set up plant in Bangalore to manufacture IEDs
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#370 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Tata Elxsi Launches Technology Incubator In Bangalore
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#371 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Unilever unveils 1,400-head IT facility in Bangalore
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#372 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#373 | |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
Sami Labs Limited (SAMI) wins FICCI Best Food 360 company 2012 in R&D
Quote:
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
|
#374 | |
|
Registered User
Join Date: Oct 2010
Posts: 1,553
Likes (Received): 260
|
Texas Instruments to cut few hundred jobs in India
Quote:
|
|
|
|
|
|
|
#375 | |
|
Registered User
Join Date: Oct 2010
Posts: 1,553
Likes (Received): 260
|
NDS opens R&D campus in Bangalore
The new campus will support development for nearly 50% of its customers around the world Quote:
|
|
|
|
|
|
|
#376 |
|
Registered User
Join Date: Oct 2010
Posts: 1,553
Likes (Received): 260
|
One good thing going for Bangalore right now is that it is able to attract more and more product based companies and R&D centers rather than service based companies
![]() Had read somewhere that 70% of product based companies in India are based in Bangalore |
|
|
|
|
|
#377 |
|
Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,644
Likes (Received): 903
|
True
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
|
|
|
|
|
|
#378 | |
|
────✩
Join Date: Apr 2010
Posts: 6,590
Likes (Received): 101
|
Quote:
__________________
|
|
|
|
|
|
|
#379 |
|
Registered User
Join Date: Jul 2010
Location: Namma Bengalooru
Posts: 1,767
Likes (Received): 14
|
Allstate to open tech centre in Bangalore
http://economictimes.indiatimes.com/...w/17573866.cms
BANGALORE: Allstate Corp, the second largest insurer in United States will inaugurate its first technology and operations centre in Bangalore on Wednesday. With the opening of its India tech centre, Allstate will join the league of the world's largest corporations such as GE, Microsoft, Volvo and Barclays who have technology and R&D centres based here. Allstate is already served from India through its vendors such as InfosysBSE 0.21 %, Syntel and WiproBSE -1.25 %. "The centre will be an integral part of Allstate's value chain providing an extended technology infrastructure, supporting a 24x7 operational work-flow and enhancing the technology and innovation capabilities," said Chetan Garga, Managing Director of Allstate Solutions Pvt. Ltd. (ASPL) in India. "It will be a largely technology services centre serving in the areas of business intelligence, analytics, testing and mobility," said Garga. The India Technology Centre for Allstate will complement similar capabilities the Illinois based insurer has in the US and Northern Ireland. The India technology centre will accommodate about 547 employees. With annual sales of about $34 billion, Allstate serves about 16 million households in the US. The India Technology Centre may also take up some business process services in future, but that's not the primary goal, said Garga. India has become the hub of technology back-end of world's largest corporations. This year UnileverBSE -2.65 % announced a new tech centre in India, while other firms such as GE, HoneywellBSE 0.05 % and Shell said they will expand their R&D and technology capabilities in India. |
|
|
|
|
|
#380 | |
|
Registered User
Join Date: Oct 2010
Posts: 1,553
Likes (Received): 260
|
Sabic to open four technology centers
By Satnam Singh | PLASTICS NEWS CORRESPONDENT Posted December 17, 2012 Quote:
|
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | Rate This Thread |
|
|