India Emerges as the Most Favourable Destination Even in a Pandemic
Recent Investments (April-July, 2020)
1. Company –Google
Investment Amount –10 billion dollars.
2. Company –Walmart
Investment Amount –1.2 billion dollars.
3. Company –Foxconn (Apple Inc. Supplier)
Investment Amount –1 billion dollars.
4. Company –Facebook
Investment Amount – The world’s largest social media company invests 5.7 billion dollars in India’s Reliance Jio Platforms4]. It is Facebook’s biggest single investment in another company.
5. Company –Qualcomm Ventures
Investment Amount –97 million dollars.
6. Company –Thomson
Investment Amount –142.8 million dollars.
7. Company –We Work Global
Investment Amount –100 million dollars.
8. Company –Hitachi
Investment Amount –15.9 million dollars.
9. Company –Kia Motors
Investment Amount –54 million dollars.
10. Company –Saudi Arabia’s PIF
Investment Amount –1.6 billion dollars.
11. Company –Hyundai Mobis
Investment –Hyundai Mobis expands its technical centre in India to strengthen software development of future vehicles. Through this expansion, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles.
12. Company – SGS
Investment – SGS is Amazon’s trusted partner in quality packaging and is one of the world's leading inspection, verification, testing and certification company. The company opens its first accreditation testing lab in India along with labs in other parts of the world which are Cestas in Bordeaux, France and Appleton in the US.
13. Company –Axtria
Investment –Axtria, a global leader in cloud software and data analytics for the life sciences commercial business, further expands its presence in India and opens its first delivery centre in south India. The big data analytics and cloud software giant is creating new employment opportunities to meet increasing market demand in India.
14. Investment – f5, a company providing solutions to App based platforms, opens its first centre in India. After successful launches in Sydney, Australia, and Hong Kong, it opens its first centre in India.
15. Company –Tsuzuki
Investment – Tsuzuki one of the leading Japanese electronics company, opens a brand-new plant at Reliance's Model Economic Township in Jhajjar, Haryana, India.
16. Company – Samsung
Investment –The South Korean giant now has started manufacturing their entire range of 18 smartwatches in India. The company which has its largest smartphone manufacturing facility in Noida, has also launched a new 4G-enabled smartwatch that will be manufactured locally.
Google plans to invest $10bn in India
Google is tightening its ties to India, one of the last great untapped digital markets, with a $10 billion investment.