Category: Business Expansions

Hyatt Hotels Corp. to Buy Two Roads Hospitality.

Hyatt Hotels Corp. the American multinational hospitality company on Monday announced its interest to buy Two Roads Hospitality for a base price of $480 million. In India, Alila Diwa Goa and Alila Fort Bishangarh are the two properties that belong to Two Roads Hospitality.  Through this deal, Hyatt will add 85 properties to its existing portfolio…

TCL Corporation plans to invest Rs 2,000 crores at Tirupati unit.

TCL Corporation, a Chinese multinational electronics company headquartered in Huizhou, Guangdong Province, is planning to invest Rs 2,000 crore in its newly proposed manufacturing facility at Tirupati, Andhra Pradesh in the first phase, according to an ET post. TCL expects to start manufacturing from the first unit in India by October 2019. The unit will…

Regal Beloit Corporation Sets up its New Manufacturing Plant in Ahmedabad, India.

Regal Beloit Corporation is a manufacturer of electric motors headquartered in Beloit, Wisconsin. Mr. Jonathan J. Schlemmer, Chief Operating Officer of Regal Beloit Corporation, inaugurated Regal’s new manufacturing plant at Ahmedabad, on October 4, 2018. The new facility is located in Gallops Industrial Park, Changodar, Ahmedabad.  The state-of-the-art manufacturing plant will produce 3 Phase High Efficiency and…

Qualcomm plans to set up largest campus outside the US in Hyderabad

Qualcomm Incorporated, the American multinational semiconductor and telecommunications equipment company has announced on Saturday that the company is planning to open its largest campus outside the US in Hyderabad. The Company’s officials Shashi Reddy, Vice President (Engineering) and Chandra Shekar Kumili, Director (Operations) met IT and Industries Minister KT Rama Rao on Saturday to discuss…

Haier India’s new industrial park to see an investment of Rs. 3,000 cr. To create 4000 plus jobs in Greater Noida.

The project would be set up in Greater Noida over next four years, and with an investment of over 3000 cr  is expected to create over 4,000 direct and over 10,000 indirect jobs. Leading Chinese home appliances MNC Haier has signed  a memorandum of understanding (MoU) with the Uttar Pradesh Government to set up its…