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28Apr By Press Trust of IndiaNo Comments

INDIA

About 200 US companies seeking to move manufacturing base from China to India: Report

Washington: About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based advocacy group has said, observing that there is a fantastic opportunity with firms looking at alternatives to the Communist giant. The US-India Strategic and Partnership Forum's (USISPF) President Mukesh Aghi said that the companies are talking to them about how to set up an alternative to China by investing in India. Aghi said that USISPF’s recommendation to the new government would be to accelerate the reforms and bring transparency in the decision-making process. “I think that's critical. We would advise to bring more transparency in the process and to make it more consultative because in the last 12 to 18 mont...

China to Pay an Increasingly Vital Part in US companies’ Growth Plans

China has become an integral part of the growth plans of many US businesses, not just because of its sheer size but also due to its strategic importance. "China is actually becoming the leader in many markets and technologies that we are interested in," said Shafer, referring to digital platforms in China that help companies engage with customers. Huff, a political veteran, made these remarks in an exclusive interview after China's annual Central Economic Work Conference in Beijing. During the meeting China's top leadership reviewed the country's economic work in 2018, analyzed the current economic situation and arranged economic work for the coming year. A former California State Senator, serving from 2008 to 2016, Huff said that periodic review of real-world results from a count...

How Indians make it to the top of Big US Companies?

The phenomena of Indian's making it to the top positions in big US companies is not something new. However, the trend has lately made neighbour country China too anxious. While China is too competent when it comes to exposure to western education or native talent, yet statistics reveal a different story. According to a report, about 350,755 Chinese students enrolled in American universities in the academic year 2016-17 when compared against 185,000 Indian students. An article published in the state-run news outlet Global Times says, Sundar Pichai, who was born in Tamil Nadu, India, was appointed CEO of Google in August 2015, while Satya Nadella, who was born in Telangana, India, became Microsoft's CEO in 2014. In addition to those two representatives, the CEOs of SanDisk, Adobe Systems,...