Peru will become the commercial hub of India in Latin America

 

With the aim of strengthening and promoting greater trade opportunities between the Peruvian businessmen with India, which is among the top 15 global importing countries, the International Trade Centre (CCEX) of the Chamber of Commerce of Lima (CCL) and the Council for the Promotion of Exports of Engineering Products India (EEPC INDIA) organized the fair «INDEE Peru 2015», will bring together more than 80 companies in the machinery sector.

Carlos Garcia, Manager of Foreign Trade Center (CCEX) of the CCL, «India is an important strategic partner to boost our economy given that Peru is emerging as the hub of the Indian industry for Latin America. As proof of this, this traveling exhibition «INDEE» has been made in several countries in Asia, Europe, but for the first time organized in Latin America, with Peru, which has this exclusive «.

Trade balance between Peru – India
At the close of 2014, Peru has generated over $ 321 million in shipments to India, over 80% of them for mining, within the traditional export. Also, between January and May this year were generated by exports amounting to $ 129 million.

fuente: http://bit.ly/1HGIeY0

Foxconn will sign a million workers in India

Taiwan-based manufacturer Foxconn plans to build up to 12 new factories in India, employing nearly one million workers, by 2020, according to media reports.

Foxconn CEO Terry Gou, in an interview to NDTV Gadgets, said his company plans to set up manufacturing units in India, as quickly as possible. He also stressed this would require a push from the Indian government as well.

Gou was on a tour of India, visiting New Delhi, Mumbai and Bengaluru, among other places. The Financial Times reported that Gou had announced plans to establish a fund to invest in Indian technology start-ups.

Speaking to NDTV, Gou said the response from governments, both at the Centre and state-level, was much more positive and encouraging than it was 10 years ago. “(Prime Minister Narendra) Modi has pushed for development, I like your Make in India, Skill India,” he said. “You have software, you have content, you need hardware and now Modi has made it your goal.”

Foxconn had opened its first plant in Chennai a decade ago when, Gou said, the government was not supportive enough towards manufacturing.

“Indian local (state) government is also much friendlier now,” he said. “I met with the chief ministers of three of your states, AP (Andhra Pradesh), Gujarat, and Maharashtra. (The CMs of) Gujarat and Maharashtra came to China, and saw my facilities, and they’re keen that we set up in their states. Ten years ago, government was not friendly.”

See More: http://www.business-standard.com/article/companies/foxconn-to-build-12-factories-employ-1-million-in-india-115071400464_1.html

India is the fastest growing mobile app market: Yahoo

As Indian mobile app usage outpaced global app usage, mobile app usage in India grew 131 per cent, as per Yahoo’s latest report.

Growth in app usage far exceeding its global peers, driven by country’s obsession with mobile app shopping, which contributed to 19 per cent of their time spent on their smartphones (second only to gaming, which took 25% of user’s time). App growth in Asia stood at 77 per cent. «The shift from e-commerce to m-commerce is accelerating, with Indians engaging with their mobile shopping apps almost round the clock,» Christopher Klotzbach, Head of Product Marketing, Flurry from Yahoo, told ET.

The Flurry team from Yahoo analysed data gleaned from over 700,000 apps and 1.8 billion devices from across the world, and the 42,000 apps and 82 million devices from India, that use Flurry.

Phablet is the fastest growing mobile device globally, with growth in India outpacing growth in the US – 38 per cent of user sessions in India are on phablets vs 21 per cent in the US, as measured by Flurry. «Phablet users in Asia engage in apps 78 per cent more than the average smartphone users in Asia, which is driving the app growth in the region,» Klotzbach said.

The top three app growth categories in India, according to Yahoo are personalization (such as Android launchers like Aviate and Hola), followed by News & Reading and Photography. Personalization apps grew 533 per cent year over year, News and Reading apps grew 311 per cent while, Photography apps grew 178 per cent.

See more: http://telecom.economictimes.indiatimes.com/news/mvas-apps/india-is-the-fastest-growing-mobile-app-market-yahoo/47876145 

British satellites set to ride Indian rocket into space

India’s Polar Satellite Launch Vehicle is set for liftoff Friday with five satellites built in Britain to look down on Earth and test a solar sail’s ability to clean up space junk.

The PSLV is counting down for launch at 1628 GMT (12:28 p.m. EDT) Friday from the Satish Dhawan Space Center on India’s east coast, where liftoff is timed for 9:58 p.m. local time.

India’s workhorse launcher, first developed more than 20 years ago, will make its 30th flight Friday, aiming to delivery its five satellite payloads to an orbit 647 kilometers — 402 miles — above Earth.

Three Earth observing satellites made by Surrey Satellite Technology Ltd., or SSTL, are the main passengers on Friday’s launch. The spacecraft are the fruits of a 2011 deal inked between Chinese and UK companies worth approximately $170 million to provide high-resolution satellite imagery of China’s growing cities.

The trio of satellites are part of the so-called DMC3 constellation, and together the three platforms can image the same place on Earth daily, according to SSTL officials.

The DMC3 satellites were manufactured under contract to DMC International Imaging, or DMCii, a subsidiary of SSTL. DMCii coordinates a network of Earth observation satellites owned operators based in the UK, China, Spain and Nigeria for commercial imagery sales and humanitarian emergencies.

The acronym DMC stands for Disaster Monitoring Constellation, and DMCii is based in Guildford, near SSTL’s headquarters.

DMCii ordered the three new satellites after it struck a deal with Beijing-based 21AT, which sells imagery to the Chinese government to monitor urban growth, land and water resources, pollution and natural disasters. Under the terms of the agreement, 21AT is leasing 100 percent of the imaging capacity of the three DMC3 satellites over their seven-year design lifetimes, while DMCii will own and operate the spacecraft.

Officials said the structure of the deal gives 21AT access to high-resolution imagery without the complexity of flying its own satellites.

See More: http://spaceflightnow.com/2015/07/09/british-satellites-set-to-ride-indian-rocket-into-space/