Apparel

Wistron & Foxconn plan to invest Rs 7,500 cr for expanding business in India

Opportunity India Desk Feb 12, 2019 - 1 min read

Wistron and Foxconn, the global electronics contract manufacturers, is looking to invest a combined Rs 7,500 crore over five years for expanding their production facilities in India. A person aware of the proposed investments said, "Wistron is expected to begin manufacturing iPhone 8 in the country, while Foxconn’s plans are to support higher levels of manufacturing ...

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Endpoint Clinical opens new office in Hyderabad

Opportunity India Desk Feb 13, 2019 - 1 min read

Endpoint Clinical, the US-based clinical trial interactive response technology (IRT) company, has opened its new office in Hyderabad to accommodate continued growth in the region. The new office will be supporting Endpoint's rapidly growing global customer base.  Jayesh Ranjan, Principal Secretary of Information Technology (IT), Endpoint Clinical, said, "The government's 'investment-friendly' industrial policy TS iPass, ...

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Nangia Advisors Launches Offices in Bengaluru and Pune

Opportunity India Desk Feb 13, 2019 - 1 min read

Nangia Advisors, a collaborating firm of Andersen Global, has opened new offices in Bengaluru and Pune, expanding its presence in India. Now, Andersen is present in 10 locations in the country through its collaborating firms, Vaish Associates and Nangia Advisors. Rakesh Nangia, Office Managing Partner of Nangia Advisors, said, "This strategic presence in the State ...

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Hero Motors plans to invest Rs 2,000 crore by 2020

Opportunity India Desk Feb 15, 2019 - 1 min read

In order to scale up operations, Diversified group Hero Motors Company is planning to invest Rs 2,000 crore across its hospitality, auto components and bicycles businesses by the end of 2020. Rs 1,400 crore will be ploughed into Munjal Hospitality, while the remaining funds are earmarked for the automotive parts and bicycles businesses.  The company ...

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Lemon Tree Hotels plans to have 12,000 rooms by 2021-end

Opportunity India Desk Feb 18, 2019 - 1 min read

As part of its capacity addition plans, mainly in India, Hospitality firm Lemon Tree Hotels is planning to have around 12,000 rooms in its inventory by the end of 2021. Presently, the mid-market hotels' company has 53 hotels in 32 cities across its three brands, namely Lemon Tree Premier, Lemon Tree Hotels and Red Fox ...

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Trivitron launches Kiran SonoRad V9 Color Doppler in India

Opportunity India Desk Feb 19, 2019 - 1 min read

Kiran Medical Systems, the radiology division of Trivitron Healthcare, has launched Kiran SonoRad V9 Color Doppler in India, venturing into Color Doppler Ultrasound. SonoRad V9, a Superior Color Doppler Ultrasound, can be utilized for a wide range of clinical applications. Its unique features will offer maximum value at an affordable cost. The product is ideal for ...

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Muthoot Pappachan Chits aims Rs 3,000 crore business by FY20-end

Opportunity India Desk Feb 21, 2019 - 1 min read

Muthoot Pappachan Chits, part of the diversified Muthoot Pappachan Group, is aiming to have Rs 3,000 crore business by the end of next fiscal (2019-20). This will be supported by its aggressive expansion plan across non-metros in the southern region. Currently, the company is generating business worth Rs 300 crore from the southern region. Thomas John ...

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Piaggio plans to expand its sales network in India

Opportunity India Desk Feb 25, 2019 - 1 min read

In order to scale up its business in India, Italian two-wheeler maker Piaggio is planning to expand its sales network in the country to more than 350 dealerships by the end of this year. Presently, the company has around 250 sales outlets. Piaggio will be sticking to its premium lineage even as it seeks to grow ...

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DBS Bank targets to triple business in India

Opportunity India Desk Mar 05, 2019 - 1 min read

Singapore-based DBS Bank is aiming to triple the size of its business in India by increasing exposure to consumer loans. The bank is also planning to increase its headcount in the country by 800-1,000 this year. Recently, DBS Bank converted its Indian branches into a wholly-owned subsidiary, DBS Bank India. Surojit Shome, CEO, DBS Bank ...

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Linesight opens its office in Mumbai

Opportunity India Desk Mar 12, 2019 - 1 min read

Linesight, the multinational construction consultancy firm, has opened its office in Mumbai, India. As part of its expansion plans in the region, Linesight intends to focus on Mumbai, Pune, Bangalore and the Hyderabad metro cities of India. Gerry Kelly, Consul General, Consulate General of Ireland, Linesight, said, "I am very pleased to welcome the opening ...

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