Category — Market Entry

Autodesk to Provide Advanced Design Technology to India

Moneycontrol reports that California-based Autodesk has signed a memorandum of understanding with the government of the western state of Maharashtra by which beginning May 5, 2016 Fusion 360, Autodesk’s cloud-based software tool for Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) will be made available for free to Micro, Small, and Medium Enterprises registered with the Department of Industries in the state, if they have an annual turnover less than $0.16 million. For those companies that exceed this amount, the software tools will be available for $30 plus taxes, with a two year validity.

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Commenting on the initiative, the Chief Minister of Maharashtra, Devendra Fadnavis said, “This partnership between the Government of Maharashtra and Autodesk will create a potential for Maharashtra’s Micro, Small, and Medium Enterprises to become globally competitive and locally productive.

Autodesk will help the enterprises that derive greater business success by using Fusion 360 to showcase their work at national and international platforms. Additionally, it will train 8000 franchisees in the state on the optimum usage of the Fusion 360 design platform.

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May 12, 2016   No Comments

DigitalOcean Surges to India

Headquartered in New York City, DigitalOcean, a cloud infrastructure provider has invested $5 million in its data center at Bangalore – the company’s eighth data center. Co-founder and Chief Marketing Officer Mitch Wainer told the Daily Cloud that the new data center will openby June. “India will explode over the next five years. It is the fastest-growing startup ecosystem in the world and will be the largest developer market by 2020 with five million developers in the region,” Wainer said. “That’s DigitalOcean’s target audience. We want to get in there to help those businesses get up and running with an infrastructure that’s easy to use and easy to grow.”

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The company recently appointed Prabhakar Jayakumar as the India Country Manager, reports Economic Times.

In a previous release, Ben Uretsky, CEO and Co-Founder of DigitalOcean said, “We want to help the booming economy in India continue to grow and succeed. There’s no better way to build your business then on top of cloud. Entrepreneurs should be focused on their product and keeping their customers happy, not managing hardware and servers.”

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May 12, 2016   No Comments

Uber’s First Asian Engineering Center Commences in India

In March, Thuan Pham, Uber’s Chief Technology Officer, inaugurated the company’s first Engineering Center in Asia. Located in Bangalore, in the southern state of Karnataka, this center will focus on developing customized solutions to better serve both passengers and driver partners in India, in collaboration with on-the-ground operations teams as well as Uber’s global Engineering and Product teams.

Inauguration of the Uber Engineering Center

Inauguration of the Uber Engineering Center

At the event, Thuan Pham said, “The talent we see in India and the sheer passion and eagerness of these engineers to build world class products and services to improve the lives of people and cities around the world is remarkable. Launching Asia’s first Engineering Center in Bangalore is a testament to our commitment to investing in India, and I can’t wait to see the innovations that will come from this team as they work to support the phenomenal growth of our business in cities across the country.”

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April 13, 2016   No Comments

Sweden’s Scania Opens R&D Center in India

In collaboration with Larsen & Toubro Technology Services, Scania, Sweden’s automotive industry manufacturer, recently inaugurated its new research and development center in Bangalore.

The R&D office in India, with approximately 100 development engineers, is primarily focused on localizing and adapting Scania’s buses and trucks for the Indian market as well as for other emerging markets.

Scania R&D Center Inauguration

Scania R&D Center Inauguration

“It’s difficult to work in Sweden and understand the needs here,” says Örjan Rasmusson, Director of R&D in India. “The products here need to be simple to both use, maintain and repair. We make full use of Scania’s modular system to produce vehicles that match the very specific needs of the Indian market. But since we historically have been very focused on Western Europe, we lack some performance steps for the emerging markets.”

In India, Scania has highlighted the benefits of alternative fuels, particularly ethanol, not only for reducing emissions but also as a means of making use of locally available resources while productively addressing growing problems of waste disposal and wastewater treatment.

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April 13, 2016   No Comments

FireEye Inaugurates an R&D Center in Bangalore, India

Milpitas, California-based cybersecurity firm FireEye, opened a new research and development center in Bangalore that will serve as a hub for the development and testing of new FireEye products. During its initial phase, the Bangalore-based center will employ approximately 50 R&D specialists, reports IFSEC Global.

“The Bangalore office is an important milestone for FireEye’s global expansion. We expect the new Bangalore office to play a key role in maintaining cutting edge technology and innovation in the FireEye line of security products,” said Ashar Aziz, founder and CTO at FireEye.

Ashar Aziz

Ashar Aziz

“The FireEye technology addresses a critical security threat that Indian enterprises are facing every day. With FireEye, enterprises can put in place an effective defense and improve their overall security posture,” said Papineni, regional director, India and South Asian Association for Regional Cooperation at FireEye.

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April 13, 2016   No Comments