India

The Indian government is stepping up investment in infrastructure

New Delhi, India, 10 November 2009 – Not only is India an IT superpower but it is also looking to find its place on the world stage in manufacturing, Jyotiraditya Scindia, Minister of State for Commerce and Industry of India, told participants at one of the final sessions of the World Economic Forum’s Indian Economic Summit.

“A lot is happening on the manufacturing side,” he said. “The key impediment to becoming a global hub is not infrastructure bottlenecks, but entrepreneurship and leadership capability. Any country that has these two elements can overcome the hurdles.”    » read more »

November 10, 2009 -- Washington, DC – The Department of Energy announced today that Energy Secretary Steven Chu will travel to India and China from Thursday, November 12 to Wednesday, November 18 as part of the Department’s efforts to advance opportunities for international clean energy cooperation. During the China portion of the visit, Secretary Chu will join with President Barack Obama as part of the official White House delegation.

"China and India will play central roles in the world's energy future." Secretary Chu said. "By working together we can promote clean energy technologies, helping meet our energy and climate challenges while creating jobs here at home."    » read more »

750 families will be positively impacted by the partnership

Chennai, Tamil Nadu, India, Nov. 10, 2009 – As a part of their commitment to women’s empowerment, Walmart and CARE announced the launch of a Cashew Value Chain Initiative. As part of the Walmart Foundation’s $1 million grant to CARE, a leading humanitarian organization, this project marks the first of a series of initiatives to elevate women from poverty worldwide.

Over the next year, Walmart and CARE will create a women owned-and-operated community-based institution to provide more equitable and consistent incomes for approximately 750 women in the cashew farming and processing sector in the coastal districts of Tamil Nadu State in Southern India, Cuddalore and Nagapattinam.    » read more »

New Delhi, September 24, 2009: General Motors India and Reva Electric Car Company (REVA) have entered into a collaboration agreement to develop electric vehicles for the Indian market. This unique partnership will bring together two companies, established in their own field to develop car platforms, electric vehicle technology and advanced control systems.

The agreement was announced jointly by Karl Slym, president and managing director, General Motors India and Chetan Maini, deputy chairman and chief technology officer, REVA.    » read more »

55,021 retainees too get their allotment; deliveries begin in July

June 23, 2009 -- Tata Motors is pleased to announce that it has completed the process to select the first 100,000 owners of the Tata Nano from among the 2,06,703 final list of applicants who had booked the car. As announced at the launch on March 23, 2009, the first 100,000 owners were selected through a computerised random selection process. The company had said that the process would be completed within 60 days of the closure of booking on April 25.    » read more »

6,000 Volunteers Plant Approximately 30,000 Trees

June 22, 2009 -- Tokyo — TOYOTA MOTOR CORPORATION (TMC) announces that Toyota Kirloskar Motor Private Ltd. (TKM), its automobile production and sales base in India, held a tree-planting event on June 21, 2009, at its plant in Bidadi, Bangalore, in the state of Karnataka.

More than 6,000 volunteers assisted in the tree-planting effort, including government officials of Karnataka, local students, suppliers, dealers, as well as TKM President Hiroshi Nakagawa, employees of TKM and members of their families.    » read more »

First designation for a company in India will cut red tape and increase flow of high-technology trade between the two countries

June 17, 2009 -- WASHINGTON—Secretary of Commerce Gary Locke today announced an important step forward in the strategic partnership between the United States and India during remarks to the U.S.-India Business Council’s 34th Anniversary “Synergies Summit.”

General Electric India (GE India) has been tapped as the first Indian company to qualify as a validated end-user (VEU) in India, allowing the company to enter a pre-approved, export express lane as a trusted end user.    » read more »

Mumbai, India - June 17th, 2009 - The sustained economic growth in the country over the last five years has led to a concurrent growth in energy demand across industrial, transportation, commercial, and residential sectors. Oil and gas account for 41 percent of India's energy consumption and there is unlikely to be any significant scaling down of dependence on these fuels in the next five to ten years.

New analysis from Frost & Sullivan (http://www.energy.frost.com), Strategic Analysis of Oil and Gas Sector in India, finds that the output of the Indian oil and gas sector was 184.3 million tonnes oil equivalent in 2008 and expects this to reach 339.6 million tonnes oil equivalent in 2015.    » read more »

Investment of $2 billion for pan-India GSM network roll out

June 10, 2009 -- New Delhi: Tata Teleservices has announced that its pan-India GSM service will be branded TATA DOCOMO — powered with technology support from its partner company NTT DOCOMO of Japan.

TATA DOCOMO will shortly commence the commercial launch of its GSM operations, beginning with the telecom circles in south India.    » read more »

Sierra Club Announces “Green Energy & Green Livelihoods Achievement Award” Winners in India for 2009; Groups receive $100,000 total for climate change partnerships

June 9, 2009 -- SAN FRANCISCO -- Today the Sierra Club announced the organization’s first ever “Green Energy & Green Livelihoods Achievement Award” winners for India. The new award recognizes community initiatives to promote green economic development, adaptation of renewable energy alternatives and organizational leadership in a grassroots environmental campaign. The award represents Sierra Club’s growing interest in building international partnerships to address climate change mitigation and adaptation.    » read more »

June 08, 2009 -- Doha, Qatar and Mumbai, India: Qtel and Tata Communications today announced a strategic alliance that will strengthen both companies’ network reach in the region and internationally.

Under the terms of the agreement, both the companies will align their infrastructures and work together to provide secure, scalable and flexible connectivity solutions including ethernet, MPLS (multi protocol label switching) and a wide variety of managed services to their global customers.    » read more »

Plants 3,000 trees

June 05, 2009 -- Tata AutoComp Systems (Tata AutoComp) and all its employees planted over 3,000 trees on the occasion of World Environment Day. This is in continuation of the move towards protecting the environment. Tata AutoComp, along with all the other Tata group companies, is taking serious measures to combat global warming.    » read more »

June 01, 2009 -- Tata Motors’ domestic sales for the month of May 2009 were at 38,392 vehicles, an 11 per cent decline over 42,916 vehicles sold in May last year. However, they were 6 per cent higher compared to 36,257 vehicles sold in the previous month of April 2009.

The company’s total sales (including exports) stood at 40,196 vehicles, a decline of 13 per cent over 46,339 vehicles sold in May last year. Cumulative sales (including exports) for the company at 77,714, declined by 8 per cent compared to 84,488 sold last year.

Commercial vehicles    » read more »

Tata Motors Net Revenue In 2008-09 Lower At Rs25,660.79 Crore, And Net Profit Lower At Rs1,001.26 Crore, Due To Market Upheaval

May 29, 2009 -- Tata Motors today reported gross revenue (stand-alone) of Rs28,599.27 crore (2007-08: Rs33,093.93 crore) in 2008-09, a year marked by severe demand contraction in the automobile industry.

Revenues (net of excise) for the year were Rs25,660.79 crore compared to Rs28,739.41 crore in 2007-08, a decline of 10.7 per cent. The profit before tax was Rs1,013.76 crore compared to Rs2,576.47 crore in 2007-08, a decline of 60.7 per cent. The profit after tax for the year was Rs1,001.26 crore compared to Rs2,028.92 crore, a decline of 50.7 per cent.    » read more »

Unveils various initiatives across all sites to encourage smoking cessation

Mumbai, India - May 28, 2009 -- As part of its Environment, Health and Safety (EH&S) initiatives and global commitment to support employee health, Dow Chemical International Pvt. Ltd. (Dow India), announced active support to employees in their effort to quit use of tobacco in recognition of World No Tobacco Day on May 31, 2009. This effort is part of the Dow India vision to make Dow workplaces, as well as its employees, tobacco free.    » read more »