Japan to associate with India for development of three smart cities
The Dollar Business Bureau Japanese Ambassador to India Kenji Hiramatsu's meet with Union Urban Development Minister M Venkaiah Naidu, on 6 Jan 2017, proved fruitful for India's smart city aspirations. Japan articulated its interest in the urban development initiatives of the Indian Government and decided to be a partner. Chennai, Ahmedabad and Varanasi are the three cities Japan is going to assist in the process of smart city development. The MoU on cooperation in urban development, signed during the recent visit of British Prime Minister Theresa May, is also making headway following a meeting between Urban Development Minister M Venkaiah Naidu and British High Commissioner Dominic Asquith. The last few years have seen heavy investment from foreign countries in India's ambitious 'smart city' plans for ...
BMW rolls out 50,000th car from Chennai unit
The Dollar Business Bureau Germany’s luxury car manufacturer BMW has rolled out its 50,000th car made in its Chennai plant, the company said in a statement on Thursday. The rolled out car was an all-new BMW 7 Series that was launched at the Auto Expo 2016. The model has received huge response from the luxury car enthusiasts. It boasts of futuristic technologies that include Touch Command System, Wireless Charging, Sky Lounge and Remote Control Parking. Jochen Stallkamp, Managing Director of the BMW Plant Chennai, announced the roll-out of the 50,000th car locally manufactured at BMW Plant Chennai. Each BMW that is locally made is of the same international standard followed anywhere else in the world. In order to boost the ‘Make in ...
Australian pizza chain to add 300 stores in 4 yrs
PTI As part of its expansion plans, Australian pizza chain Eagle Boys is looking to add another 300 stores to its network in next four years. "We plan to open a chain of 300 stores over the next three to four years. In Australia, Eagle Boys Pizza has around 200 outlets," Eagle Boys Pizza India director and CEO G B Singh said. He further said that India sales could be around Rs 150 crore over the next 3-4 years covering the top 50 cities of the country. By the end of this fiscal, the number of stores would be 50 from the current 18 in the country, he added. The current outlet base is spread across Mumbai, Pune, Chennai, Hyderabad and Kolkata.
IndiGo to start 14 new flights from May 2016
The Dollar Business Bureau IndiGo, a low-cost carrier, is going to add a fleet of new aircrafts to its network from May, to make its presence felt in the fastest growing aviation market in India. The domestic market rose by 25 percent in the year ending March 31, 2016, compared to the records of last year. The airliner, headquartered in Gurugram, will add 14 new flights on the domestic routes. This includes daily non-stop flights connecting Bengaluru to Ahmedabad, Bengaluru to Jaipur, Kolkata to Hyderabad and Chennai to Kochi from May 1. Besides, the carrier starts new non-stop flights from Jaipur to Bengaluru, Kochi to Chennai from May 2, on daily basis. From May 6, the airliner will also maximize the flight frequencies from ...
Scoot to launch its flights in India
The Dollar Business Bureau Scoot Pte Ltd., the low-cost Singapore airlines will launch its flight services to Singapore from Chennai, Amritsar and Jaipur in order to mark its presence in the international aviation market. The flight services from Chennai and Amritsar to Singapore will start from 24th of May, while the services from Jaipur to Singapore is likely to commence from 2nd October, 2016. Scoot airline is the subsidiary of Singapore Airlines (SIA): In lines with the operating subsidiaries as well as the destination it flies to, SIA group is one of the largest foreign airline groups in India. Two of the other subsidiary of the Singapore Airlines, Tiger Air and Silk Air are also operating in India. Country Head of Scoot Bharati ...
Retail F&B industry will benefit from Make in India
Interview by Vanita Peter D’souza | The Dollar Business The Dollar Business (TDB): What kind of support did you get from the Government to set up operations in India? Tarak Bhattacharya (TB): I have travelled throughout the world and started stores across the globe. Setting up business in India is difficult. There are lot of norms, procedures and permissions to be obtained for starting operations from city to city. But it was not that difficult too as we had our consultant in place and they really did a good job. They made us realize that how we have to work with the government. So, overall, initially it was tough but we had to learn. We are doing pretty good ...
