China has emerged as one of the top countries in Research and Development (R&D), spending about USD 164.1 billion last year.
Arkema , the France-based chemicals producer, has inaugurated its first R&D centre in China.
Food ingredients group AAK opened an R&D centre in Shanghai for confectionery, bakery and dairy products.
The government today said industry should invest more in R&D, innovation and clusters development to compete with the likes of China.
Chinese companies are increasingly designing sophisticated components for Apple ’s iPhones and iPads by means of reducing labor supply.
A manufacturing glitch that surfaced in 2011 continues to haunt Ford Motor’s best sellers Ford Figo and Fiesta Classic in India.
It can be termed as a major milestone on the super highway that we call globalization.
Danish company Danfoss will invest close to $100 million in India over the next two years.
Turkey today sought enhancing cooperation with India in areas like research and development, tourism and manufacturing to boost trade and economic ties between the countries.