Samsung inaugurates world’s largest Factory in Noida in India with 120 million phones a yearThe company has taken the ‘Make in India’ initiative to another level by launching ‘Make for the World’ initiative as part of which it aims to export mobile handsets produced in India, to overseas markets.
Yogi Adityanath government plans to develop Noida, Greater Noida, Yamuna Expressway as electronic manufacturing zone; details here
To promote Uttar Pradesh as an ideal investment destination, the state government plans to promote Noida, Greater Noida and Yamuna Expressway on Delhi's outskirts as electronics manufacturing zone.https://www.financialexpress.com/economy/yogi-adityanath-government-plans-to-develop-noida-greater-noida-yamuna-expressway-as-electronic-manufacturing-zone-details-here/1141316/
Make in India - WHY MNCs are moving their operations to India.The Times of India Apr 10, 2018. Following are excerpts from news item published and the link for inetrestred readers below. The center of gravity of Fortune 500 companies is shifting to India. Multinational companies establish engineering and research and development centers — known as global in-house centers or GICs — in India. “Conversations are no longer about cost. It is digital technology that is bringing companies here,” says K S Viswanathan, IT industry body Nasscom’s head of industry initiatives whose responsibility includes dealing with GICs. A total of 1,150 multinationals have global in-house centres that employ more than 8 lakh people in the country. https://timesofindia.indiatimes.com/business/india-business/why-mncs-are-moving-core-ops-to-india/articleshow/63690374.cms
Items News earlier
- India still a top Offshoring Destination. [Communications Today] http://www.communicationstoday.co.in/enterprise-networks/enterprise-network-contact-centres/12502-india-remains-top-offshoring-destination
- At Kearney list India at top in 2017 despite all challenges being posed by changing environment. https://www.atkearney.com/digital-transformation/gsli
- A good read from CIO.com on how Captive IT Offshore Center are driving Innovation. https://www.cio.com/article/2983242/outsourcing/how-captive-it-offshore-centers-are-driving-it-innovation.html