India Investment

Deals/Contracts/Partnerships

  • 1

    Apave, ESI Group and Onet Technologies – A unique alliance for an outstanding EPR project with EDF at the Jaitapur site in India

    Q4, 2021

EIIR Provider Solutions/Capabalities

  • 1

    Expleo launches Delivery and Training Centre at Coimbatore with capacity of 400 people

    Q4, 2021

  • 2

    Xoriant leases space for 2000 people in Mumbai and Pune as part of its expansion plan

    Q4, 2021

  • 3

    Brillio Opens New Hub for Innovation in Bengaluru

    Q4, 2021

  • 4

    Digital Engineering and Gaming solutions provider, Indium Software, is looking to hire across the board right from top leadership positions to mid-level managers, engineers, architects and a lot of freshers in order to reach revenue of $70 million in two years on the back of strong growth through the pandemic. The are close to 2000 people today and want to add about 800 people across levels.

    Q4, 2021

  • 5

    eInfochips to expand Hyderabad unit. It plans to hire approximately 100 engineers in the next six months and aims to add approximately 250 engineers for the centre by FY2023. The hiring will focus on silicon design, verification and physical design.

    Q4, 2021

  • 6

    TECHNIA is expanding its delivery center in Pune, India.

    Q1(Jan-feb-Mar), 2021

EIIR Buyer GIC/R&D Best Practices/Solutions

  • 1

    OutSystems announces R&D centre in Bengaluru

    Q4, 2021

  • 2

    ZipCar is opening tech center in Bengaluru. It plans to hire 100 engineers this year.

    Q4, 2021

  • 3

    Indian Oil Corporation will set up a new R&D center entailing investments to the tune of ?3,200 crore at Faridabad. The centre would conduct research into various areas, including alternative and renewable energy, nanotechnology among others.

    Q4, 2021

  • 4

    Lucas TVS is adding a new R&D centre in Hosur which will be opening at the end of this year. This centre will focus on embedded software for smart products.

    Q4, 2021

  • 5

    Ingram Micro to add 300 techies in India

    Q4, 2021

  • 6

    Northern Tool + Equipment, the $2 billion US-based supplier of high-quality tools and equipment, has set up a tech centre in Hyderabad

    Q4, 2021

  • 7

    RHI Magnesita establishes new R&D Centre at Bhiwadi, Rajasthan. It is equipped with high end equipment for refractory raw material and product testing.

    Q4, 2021

  • 8

    7-Eleven sets up global tech centre in Bengaluru

    Q4, 2021

  • 9

    Barco sets up its largest global Centre of Excellence for Software innovation and R&D in India

    Q4, 2021

  • 10

    Red Hat is expanding in India and its hiring will be skewed towards junior-level engineers

    Q4, 2021

  • 11

    Crompton Greaves Consumer Electricals, which is into electrical products, has announced the commissioning of its largest R&D centre in Vikhroli, Mumbai to bring efficient technologies to the market.

    Q4, 2021

  • 12

    India Global Competency Centre to become second largest for Volvo Global. It plans to hire 500 more professionals this year. It current strength is 2500.

    Q4, 2021

  • 13

    Nestle sets up a global IT services centre in Bengaluru, will support over 45 countries in IT, data analytics, digital, AI. will be housed as a separate division of Nestlé R&D Centre India Pvt Ltd.

    Q4, 2021

  • 14

    Samsung R&D plans to recruit over 1,000 engineers. It has three R&D centres in the India in Bengaluru, Noida and Delhi. It has close to 9,000-10,000 engineers working at these three R&D centres.

    Q4, 2021

  • 15

    US-based DataCore expands India R&D footprint, to hire more.

    Q4, 2021

  • 16

    Wabtec opens its largest Engineering Lab in Bengaluru, India to enable rail component design and performance. The facility houses more than 30 complex mechanical, electrical and propulsion related custom built test rigs. The objective of the facility is to characterize the performance, understand the failures, predict the service life of components, and validate design improvements.

    Q4, 2021

  • 17

    WardWizard Mobility signed a MOU)with the Gujarat government to invest Rs. 500 crore on research and development of electric 2 & 3 wheelers, setting up the motor assembly at Vadodara’s facility, and developing ancillaries to manufacture raw materials.

    Q4, 2021

  • 18

    Parallel Wireless expanding India R&D centers to support 4G, 5G software development and testing.

    Q3(Jul-Aug-Sep), 2021

  • 19

    Realme plans to soon launch new products like Robot Vacuum, TV sticks for the Indian market. Tech brand is also looking to set up an R&D centre in India by making substantial investments.

    Q3(Jul-Aug-Sep), 2021

  • 20

    ZF Group to hire 5000 more engineers in India for global R&D.

    Q3(Jul-Aug-Sep), 2021

  • 21

    Ford exits manufacturing in India but will continue to invest in its R&D center in Chennai. It has 12,000 people and will add 5,000 more by next year

    Q3(Jul-Aug-Sep), 2021

  • 22

    French gourmet flavour business, MONIN is investing INR 200 crores for setting up the manufacturing plant in Telangana. It has also set up an in-house R&D centre in Hyderabad which is key to understanding the Indian flavour palette and developing new flavours and product categories on top of MONIN’s existing range of popular flavours.

    Q3(Jul-Aug-Sep), 2021

  • 23

    Oppo sets up specialised camera innovation lab at its Hyderabad R&D centre

    Q3(Jul-Aug-Sep), 2021

  • 24

    Raythink, a provider of in-vehicle AR display products and solutions, sets up software R&D center in Bengaluru, India to develop AR-HUD AR Generator SDK.

    Q3(Jul-Aug-Sep), 2021

  • 25

    Telstra is launchin two new Innovation and Capabilities Centres (ICC) in Pune and Hyderabad and a Network and Product Engineering Lab in Bengaluru.

    Q3(Jul-Aug-Sep), 2021

  • 26

    Tirupati Graphite has commissioned Stage 1 of its Tirupati Graphene and Mintech Research Centre (TGMRC), in India, which is focused on graphene manufacturing and applications development, advanced materials development and mineral processing technology development.

    Q3(Jul-Aug-Sep), 2021

  • 27

    UK bank Oak North said it has made over 120 offers this year and are looking to fill 100 more roles in Bengaluru, Gurugram and Hyderabad

    Q3(Jul-Aug-Sep), 2021

  • 28

    UK-based fintech Revolut plans to make a 25-million-pound invesntment in India and create 300 jobs.

    Q3(Jul-Aug-Sep), 2021

  • 29

    Trifacta, the Data Engineering Cloud company, announced its continued expansion into APJ, with a new regional presence in Singapore and Bengaluru. These new locations will be cross-functional center with team members focused on product management, engineering, business development, customer success, and professional services.

    Q3(Jul-Aug-Sep), 2021

  • 30

    Berry Global is planning to establish a second manufacturing facility and R&D center in Bangalore, India. It will provide efficient localized support for customers in India and South Asia. The focus is on inhalation devices, including models with digital capabilities and injectable devices

    Q3(Jul-Aug-Sep), 2021

  • 31

    Castlight Health to open R&D operations centre in Hyderabad. It will focus on cloud, machine learning, and AI to help accelerate Castlight's product innovation in digital plus high-touch healthcare navigation.

    Q3(Jul-Aug-Sep), 2021

  • 32

    Canada’s Lululemon Athletica opens tech centre in Bengaluru which will work in areas like data science, cloud engineering to support merchandise planning, product and location information management.

    Q2(Apr-May-Jun), 2021

  • 33

    JP Morgan said it is looking to add around 4,000 experienced technologists in India this year. It currently has 35000 people across Mumbai, Bengaluru and Hyderabad.

    Q2(Apr-May-Jun), 2021

  • 34

    Uber to hire 250 engineers in India split between Bengaluru and Hyderabad. This Will take Uber's tech strength in India to 1000.

    Q2(Apr-May-Jun), 2021

  • 35

    Amazon to make devices in Chennai, cut China sourcing

    Q1(Jan-feb-Mar), 2021

  • 36

    Bosch is spending ?800cr to upgrade Bengaluru campus. The campus, when ready, will host around 10,000 engineers, the second-highest number of its employees in the world. Currently, the Bengaluru campus accommodates 3,000 software engineers.

    Q1(Jan-feb-Mar), 2021

  • 37

    Celona, an OEM providing new generation of 4G/5G private mobile network solutions, has established the first technology center of excellence in Bangalore, India focused on 5G innovation in the new era of private mobile networking.

    Q1(Jan-feb-Mar), 2021

  • 38

    Deutsche Bank to hire 1000 techies in India in 2021. It currently has 4000 people across Bengaluru and Pune centers.

    Q1(Jan-feb-Mar), 2021

  • 39

    Germany based Marquardt Group has operationalized its global R&D center in Pune to develop battery management-related solutions for electric vehicles. A pool of more than 300 highly-skilled engineers in the automotive domain is committed to serving global and local automotive customers for the Marquardt Group.

    Q1(Jan-feb-Mar), 2021

  • 40

    Israeli security solutions provider Aqua Security will be doubling the headcount in its Hyderabad R&D center from 50 to 100 in 2020.

    Q1(Jan-feb-Mar), 2021

  • 41

    Novartis launches digital innovation hub in Hyderabad. Its first in Asia, and third globally after San Francisco, Paris and London. The Novartis Biome India will engage with startups and innovators in healthcare space. Good for Indian ecosystem.

    Q1(Jan-feb-Mar), 2021

  • 42

    SAP Invests INR 500 Crore (€55M) to Accelerate Its Multi-Cloud Strategy in India.

    Q1(Jan-feb-Mar), 2021

  • 43

    FCA will open R&D center in Hyderabad with an investment of $150 M and will create 2400 jobs.

    Q4(Oct-Nov-Dec), 2020

  • 44

    Goldman Sachs to open second India office in Hyderabad; offer 500 jobs. Good to see global financial firms continue to expand their GIC footprints in India.

    Q4(Oct-Nov-Dec), 2020

  • 45

    IronFX hires 200 employees including at R&D center in Mumbai after big rise in forex accounts during Covid-19 crisis.

    Q4(Oct-Nov-Dec), 2020

  • 46

    Japan’s Fuji Electric to expand Indian manufacturing, R&D operations. It plans to hire 200 people.

    Q4(Oct-Nov-Dec), 2020

  • 47

    Japanese unicorn Raksul sets up tech center in Bengaluru.

    Q4(Oct-Nov-Dec), 2020

  • 48

    Nokia starts production of next generation 5G equipment in India.

    Q4(Oct-Nov-Dec), 2020

  • 49

    Oppo has set up a 5G Innovation Lab at its Hyderabad R&D center.This is Oppo’s first-ever overseas innovation hub, outside of China. The lab will not only focus on the development of core 5G technologies but help accelerate its rollout across India.

    Q4(Oct-Nov-Dec), 2020

  • 50

    Rakuten to double its engineering headcount in India as it is difficult to find talent in Japan. Currently Rakuten has 1000 employees in India which it plans to double it to 2000 by next year.

    Q4(Oct-Nov-Dec), 2020

  • 51

    Siemens Healthineers to invest Rs 1300 crore building R&D and manufacturing hub in India.

    Q4(Oct-Nov-Dec), 2020

  • 52

    Unit4 to open R&D center in Noida, India for cloud. This will be third global R&D center for Unit 4 after Spain and Poland.

    Q4(Oct-Nov-Dec), 2020

Other News

  • 1

    HPCL currently has 322 EV charging stations, aim is to set up 5,000 units

    Q4, 2021

  • 2

    Alstom inaugurates new components manufacturing facility in Coimbatore, India

    Q4, 2021

  • 3

    India's Tata group is in talks with three states to invest up to $300 million to set up a semiconductor assembly and test unit. An OSAT plant packages, assembles and tests foundry-made silicon wafers, turning them into finished semiconductor chips.

    Q4, 2021

  • 4

    Simple Energy backed by UiPath upstages Ola, to invest INR 2500 crore in India's largest electric scooter factory for 12.5 million production capacity. Ola's factory is 10 million capacity.

    Q4, 2021

  • 5

    Bajaj Auto to set up Rs 300 crore-EV facility: First EV roll out by June 2022

    Q4, 2021

  • 6

    Exide Industries to foray into lithium-ion cell manufacturing, set up multi-gigawatt plant. It also plans to apply for and participate in the PLI Scheme for National Programme on advanced chemistry Cell(ACC) battery storage.

    Q4, 2021

  • 7

    Daikin to set up new factory in Andhra Pradesh for manufacturing of AC components under PLI scheme.

    Q3(Jul-Aug-Sep), 2021

  • 8

    Airtel wants to invest Rs. 5000 crore to triple data center capacity.

    Q3(Jul-Aug-Sep), 2021

  • 9

    Indian government gets strict on offset commitments. From contracted $12 Billion only $5 billion is realized. A tailwind for Indian aerospace and defense engineering service providers.

    Q3(Jul-Aug-Sep), 2021

  • 10

    ArcelorMittal Plans $9 Billion Renewable Energy Investment In India

    Q3(Jul-Aug-Sep), 2021

  • 11

    VVDN gets approval under PLI Scheme for IT hardware manufacturing

    Q3(Jul-Aug-Sep), 2021

  • 12

    Samsung completes shifting of display manufacturing unit from China to UP’s Noida.

    Q2(Apr-May-Jun), 2021

  • 13

    Reliance Jio is constructing the largest international submarine cable system centred on India with global partners

    Q2(Apr-May-Jun), 2021

  • 14

    Alstom wins major signalling & telecommunication systems contract for rapid rail line between Delhi and Meerut in India.

    Q1(Jan-feb-Mar), 2021

  • 15

    Alstom wins €220 million contract to design and manufacture 234 metro cars for Mumbai Metro Lines 4 & 4A

    Q1(Jan-feb-Mar), 2021

  • 16

    Amazon forays into India’s Edtech sector

    Q1(Jan-feb-Mar), 2021

  • 17

    Autoliv to set up airbag inflator manufacturing plant in India

    Q1(Jan-feb-Mar), 2021

  • 18

    Bengaluru gets the country’s first air-conditioned railway station!

    Q1(Jan-feb-Mar), 2021

  • 19

    Hitachi ABB Power Grids wins $23.2 million transformer order for electrification of Indian Railways

    Q1(Jan-feb-Mar), 2021

  • 20

    Hyundai has asked its vendors, including Continental ,Aptiv and others, to increase production in India and cut their dependence on China. Good news for automotive manufacturing ecosystem in India.

    Q1(Jan-feb-Mar), 2021

  • 21

    ISRO and MapmyIndia joins hands to take on Google Maps, Google Earth in India.

    Q1(Jan-feb-Mar), 2021

  • 22

    NTT DATA acquires 6-acre land in Greater Noida to set up a data center with an investment of Rs. 1,000 crore.

    Q1(Jan-feb-Mar), 2021

  • 23

    Daikin, Japanese AC manufacturer, buys air handling unit business of Citizen Industries in India for Rs 100-125 crore.

    Q4(Oct-Nov-Dec), 2020

  • 24

    Harley Davidson makes India comeback, inks distribution agreement with Hero MotoCorp. Earlier there was news of Harley exiting India. Good they found a solution. More Auto OEMs will partner with local dominant players in different countries.

    Q4(Oct-Nov-Dec), 2020

  • 25

    Indian Government released an Expression of Interest inviting companies/ consortia desirous of A. Either setting up / expansion of existing Semiconductor wafer / device fabrication (FAB) facilities in India or B. Or Acquisition of Semiconductor FABs outside India.

    Q4(Oct-Nov-Dec), 2020

  • 26

    Nine Apple units shifted to India from China during Covid period.

    Q4(Oct-Nov-Dec), 2020

  • 27

    Samsung to invest Rs. 4825 crore to shift China mobile display factory to India.

    Q4(Oct-Nov-Dec), 2020

  • 28

    To give a fillip to India’s push to usher in a hydrogen-based mobility solutions ecosystem, Indian Oil Corporation (IOC) plans to buy 15 buses that can run on hydrogen fuel.

    Q4(Oct-Nov-Dec), 2020

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