Oprah Winfrey is in India to film a segment of her new show, “The Next Chapter,” staying at The Taj Mahal Palace Hotel in south Mumbai.  She is virtually unkown in India since  her erstwhile show did not air in India. Wearing an orange sari, Winfrey, visited the home of the Bachchan family, to meet [...]

German car major Volkswagen AG aims to triple its annual component sourcing out of India to over €300 million euros over the next 3-5 years. The carmaker looks to double the number of component suppliers to over 200 to expand its range of spare parts made for global markets. Mahesh Kodumudi, executive director for components [...]

Nasdaq-listed Truck maker Paccar  is tapping India for component sourcing and developing technology for its global operations, but has no plans now to sell or assemble products in the country. The work at the technical centre has already begun and the company will hire 200 employees by the end of this year. “Our focus in [...]

Timex  is considering making India a global sourcing base to reduce manufacturing costs, a senior executive said. Currently, Timex has its global manufacturing hubs in Hong Kong, China and Japan. “A high-level team is working on a project to identify what all can be imported from India and what will be the cost benefit,” said [...]

In American today there is a bit of a rush toward India. “The 1.4 trillion dollar economy, growing at 7 percent. They like India. The last three US presidents have visited India, much more so than before.” All this is true. But some foreign companies have been doing business in India since the early 20th [...]