US - India Relations

The US compliments India for its commitment to achieve 450 GW of RE by 2030

The US side appreciated India for its Energy Access drive and commitment to achieve 450 GW of RE by 2030. They also lauded India for electrifying 28.02 million homes in 18 months and achieved universal household electrification.

AFL Hyperscale and SASMOS HET Technologies collaborate to develop data centre products

Data centre network cabling and connectivity firm AFL Hyperscale and SASMOS HET Technologies have formed a strategic collaboration to offer enterprise data centre products for Indian customers. SASMOS HET established a fibre optic facility in Bengaluru as part of this partnership. With AFL’s global expertise, SASMOS will provide ‘Made in India’ products and engineering solutions.

Ohmium International launches India’s first green gigafactory

Ohmium International, a US-based renewable energy start-up, launched India’s first green hydrogen electrolyzer gigafactory at Bengaluru through its India subsidiary. The gigafactory will manufacture India-made Proton Exchange Membrane (PEM) hydrogen electrolyzers with an initial manufacturing capacity of about 500 MW per year and will scale it up to 2 GW per year.

Dana to invest $ 18 million in Switch Mobility for 1% stake

Switch Mobility, with this agreement Dana becomes an important supplier to Switch, they will invest $ 18 million in the company, representing an approximate 1% stake. Dana will make a strategic investment of electric drivetrain components for the company’s e-bus and EV stake inverters, software and controls, and electronics cooling.

Yondr enters JV with Everstone to invest in data centers

Yondr Group, a United States based data centre major has formed a Joint Venture with Singapore based Everstone to invest $1 bn to develop and operate data centres across multiple locations in India, including Mumbai Metropolitan Region, Hyderabad, Bangalore, Chennai and Delhi-National Capital Region. 

Cavli Wireless partners GCT Semiconductor to manufacture LTE, 5G IoT modules in India

US-based Cavli Wireless has partnered with GCT Semiconductor, another US-based company, to license chipsets and manufacture LPWAN, LTE, and 5G IoT modules in India. It will be the first-ever wireless communication module to be designed and manufactured in India and will be used to power IoT applications.

Baxter to set up global R&D headquarters in Ahmedabad

Baxter, a United States-headquartered pharmaceutical giant, will invest around Rs 100 crore to set up its global research and development (R&D) headquarters in Ahmedabad

MassMutual invests in 1.50 lakh sq.ft. global capability centre (GCC) in Hyderabad

U.S. life insurer Massachusetts Mutual Life Insurance Company, also known as MassMutual, is setting up a 1.50 lakh sq.ft. global capability centre (GCC) in Hyderabad with an estimated investment of INR 1,000 crore.

Salesforce’s first India investment is in cloud startup Darwinbox

Salesforce's venture arm is leading a $15 mn financing round for Darwinbox, a developer of human resources software that serves several of Asia’s largest tech startups. It is Salesforce's first investment in India and its only investment in Asia outside of Japan.

Tesla registers its Indian entity in Bengaluru

Palo Alto-based electric vehicle manufacturer Tesla Inc has registered its Indian entity in the name of Tesla India Motors And Energy Private Limited in Bengaluru Karnataka

Honeywell invests in Trinity Mobility

Global technology company Honeywell announced a strategic investment in India-based software company Trinity Mobility Private Limited to expand its smart cities capabilities by providing access to Trinity’s Smart City solutions.

Amazon Web Services invests in Telangana

Amazon Web Services to invest $2.77 bn in Telangana to set up its second data centre region in India. It will be operational by mid-2022.

Wistron begins assembling iPhone SE in Karnataka facility

Wistron, Apple's Taiwanese manufacturer has commenced assembly of iPhone SE in its Bengaluru factory. Wistron has manufactured iPhone models 7, 6S and first-generation SE in its Indian factories. In May 2020, Wistron also announced plans to invest $165 mn to expand its Bengaluru facilities 

Microsoft to open a 4000-employee campus in Uttar Pradesh

Microsoft India in a virtual agreement has agreed to bring its next campus of 4,000 employees in Greater Noida.

Cargill to invest $160 mn in the next three years

Google will be opening research lab in Bangalore focused on artificial intelligence (AI) and its applications in India

Google has announced that it is setting up a research lab focused on artificial intelligence (AI) and its applications in India. Google's Bengaluru based AI lab will focus on the advancement of Computer Science research in India, wherein it will focus on Machine Learning, Computer Vision, Languages, Speech, Systems

Amazon invests INR 2,800 cr in India

US online retail giant Amazon has invested INR 2,800 cr into its Indian operations to expand its presence within the country. It has invested in Amazon Seller Services which helps sellers establish an online presence.

PepsiCo to invest $ 70 mn to set up food manufacturing plant in UP

PepsiCo will invest $ 70 mn in a food manufacturing plant in Uttar Pradesh as part of its capacity expansion plans in the packaged foods market in India. PepsiCo will invest with its local bottling partner Varun Beverages leading towards a boost in manufacturing capacity and upgrade of cold storage facilities.

Mastercard to invest $ 1 bn to develop India as global tech node

Global card payments major Master Card will be investing $ 1 bn in India with the objective of establishing India as a global technology node. The investment will expand India's presence in technical services required for card payments.

Intel unveils new design house in India with INR 1,100 cr investment

Intel Corporation, the world's biggest chip-maker has invested INR 1,100 cr in a design house in Bengaluru. This facility known as the 'SRR4', will lead development across hardware and software.

Qualcomm invests $ 400 mn for setting up campus in Hyderabad

Leading technology innovator Qualcomm will be investing $ 400 mn for development of a campus in Hyderabad, which will be its 2^nd largest campus globally. This centre will lead R&D in electronics and semiconductors industry.