Infosys to invest heavily on a new campus in Hyderabad
Infosys Technologies has announced that they are planning to invest Rs 1,250 crore to create their single largest campus in Pocharam near Hyderabad.
This new location would play host to as many as 25,000 engineers.
The first phase would be ready in three years and would require an [...]
Novell expanding their operations in India
Novell Software has announced that they are going to expand their presence in the Indian market.
The company aims to invest Novell Software in India in the coming three years.
Novell said in a statement: “The investment will be mainly on people, physical infrastructure and market expansion. We are not just using [...]
Samsung to expand into Printer, Laptop Markets
South Korean tech giant Samsung Electronics has said that they are now aiming to become a larger player in the Printer and Laptop market.
The company is already a dominating force in the computer monitor industry.
Jongwoo Park, president of Samsung’s digital media business said in a statement: “Our mission is [...]
Acer targeting Japan this year for growth
Personal computer maker Acer has revealed that they are now targeting the Japanese market for growth and expansion this year.
They plan to take on Sony and Toshiba in this market with their new range of products targeted at the advanced customers in Japan.
Acer added that they are also working [...]
Videocon Industries enters power industry
Videocon Industries has announced that they are now going to build three power plants. The company is currently involved in consumer electronics market and oil exploring.
Chairman Venugopal Dhoot spoke about these new plans: “We will increase our investments in setting up power projects as we get more coal linkages and land. [...]
Samsung India expanding manufacturing capacity in India
Samsung India Electronics has now inaugurated its second manufacturing facility in India.
This second unit is coming up at Sriperumbudur in Tamil Nadu.
The South Korean tech giant had signed an MoU with the Tamil Nadu government for this project some time back.
H B Lee, president & CEO, Samsung South [...]
Satyam Computer Services to invest in Madurai
Software company Satyam Computer Services has announced their plans to invest and establish a software development center in Madurai.
The company has already been allotted 50 acres under the Electronic Corporation of Tamil Nadu (ELCOT) scheme.
These plans were revealed by Subu D. Subramanian, director and senior vice-president (Manufacturing and [...]
Maruti Suzuki to invest 200 billion yen on expansion in India
India’s leading automaker Maruti Suzuki has announced that they are going to invest an additional 200 billion yen on expanding their production capabilities in India.
They are already the dominating automobile maker in India and are going to expand their capacities to meet the ever growing [...]
ThyssenKrupp aims to expand presence in China
German company ThyssenKrupp has announced that they are now aiming to expand their presence in the Chinese market.
ThyssenKrupp said in a statement that they are aiming to double its China sales to 2 billion Euros in the next couple of years.
They are also planning to invest 500 million [...]
TCL India Holdings to expand their presence in India
Chinese company TCL has said that their Indian division TCL India Holdings now plans to restructure its small appliance business in the Indian market.
Company’s Managing Director Warren Wang said in a statement that they now plan to evaluate and study the market structure of these products.
After conducting [...]
