Category — Sourcing

SAP Labs India Gains in Strategic Importance

SAP Labs India, SAP’s largest research and development center outside its headquarters in Germany, is steadily growing in strategic importance, says Stefan Ries, chief human resources officer of the company.

In an interview with the Economic Times, Ries said, ” The India center is gaining in strategic importance for us: the Fashion Management solution, which is used by Armani and Gucci, has been built entirely out of here. Our India footprint is steadily growing, adding 800-1,000 people to the overall headcount annually.

We recently inaugurated a new addition to our Whitefield, [Bangalore] campus — the Gerhard Oswald Innovation Space — built with an investment of €50 million [$57.52 million]. We will continue to make strong investments in our India center.”
SAP Logo

SAP India recently improved its learning and development process with its SAP Success Factor program where learning is a one-stop digital experience with 1.3 million opportunities available in the system. Employees can register their learning need and find solutions. The company will invest €160 million [$184 million] in learning this year, adds Ries.

July 20, 2017   No Comments

India’s Wipro Partners with Israel Aerospace Industries

Wipro Infrastructure Engineering (WIN), subsidiary of Wipro Enterprises (P) Ltd and Israel’s state-owned Israel Aerospace Industries (IAI) announced a strategic alliance for manufacturing composite aerostructure parts and assemblies.

Wipro Infrastructure Engineering will set up a manufacturing facility in India in partnership with IAI to meet the requirements of global aircraft original equipment manufacturers and tier-1 suppliers. The plant will make composite structures in India for global markets.

An airplane

Pratik Kumar, CEO, WIN and Executive Director, Wipro Enterprises, said, “This partnership will not only strengthen our presence in the growing aerospace sector but will also help us explore emerging business opportunities in key markets.”

In 2016, WIN acquired H.R Givon Ltd., an Israel-headquartered manufacturer of metallic parts and assemblies for the aerospace industry.

July 6, 2017   No Comments

GM Commences Export of Sedans from India

General Motors shipped a consignment of 1,200 Chevrolet Beat sedans to markets in Latin America from its plant located in Talegaon, near the city of Pune, in India. Production of these autos started a year ago. Earlier this year, GM had exported Chevrolet Beat hatchbacks to the same markets.

GM India vice-president, manufacturing, Asif Khatri said that the Talegaon facility is a key export manufacturing hub for the company reports the Times of India.

“GM India’s exports have more than tripled in the past year. GM was India’s third-largest passenger vehicle exporter in May, recording our highest monthly total of vehicle exports at 8,297 units,” Khatri added.

Chevrolet logo

June 27, 2017   No Comments

U.S. FDA Eases Rules for Shrimp Exporters from India

The U.S. Food and Drug Administration (FDA) removed 140 Indian shrimp exporting entities from its ‘Detention Without Physical Examination’ list. “These exporters are exempted from detention but are subject to random examination by U.S. authorities, and the list is revised from time to time,” said an exporter.

Business Standard reports that in 2016-17 U.S.A. imported 188,617 tons of Indian seafood for $5.8 billion, which was about 22.7 percent greater in quantity over the previous year, and 30 percent higher in dollar terms.

According to the seafood industry, the latest move shows that the U.S. is satisfied with the testing mechanism and food standards maintained by India’s shrimp exporters. The alert has come at a time when the EU still operates enhanced testing of samples — at least 50 percent of consignments, compared to the previous 10 percent.

Shrimp

Shrimp

June 22, 2017   No Comments

Intel Invests $178 Million for R&D in India

Santa Clara, CA-based Intel Corporation will invest $178 million in India to set up a new research and development center in Bangalore said Intel India’s general manager Nivruti Rai at a news conference. This fresh investment is in addition to the $4.3 billion  Intel invested in the country over the last 15 years since it set up its largest design center outside the U.S.

Intel Corporation logo

 Spread over a 44-acre campus, the new center will have a computer software development, hardware design services and verification facility. “The nine storied building with 620,000 sq.ft. of office space will be completed in the next nine months,” said Rai. “The new facility will enable us to continue our momentum in doing cutting-edge innovation and design work from India,” he added.

The company’s Indian subsidiary has about 7,000 engineers to design and power semiconductor chips for its global customers, including original equipment manufacturers of computers, smart phones and other electronic devices, reports ET Telecom.

June 19, 2017   No Comments