Indian brands in the Americas

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The company originally from India dedicated to the Information Technology sector, HCL inaugurated this morning the facilities of the company's third expansion in the state.

The expansion houses the Global Operations Center. It will generate new high-value jobs to provide nearshore solutions to the international market and services in the areas of infrastructure operations, application development, testing, BPO and maintenance services for different US clients entering the Latin American market and expanding to the global market in which participates.

The project will represent the generation of 425 high-value jobs; the required job profiles are engineering of all kinds. Currently HCL has just over 700 employees, in a period of two years it will reach 1,500 jobs in total in Jalisco.

 

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India's tech giant that captivates Mexico

One of the most powerful business groups in India, and the world, turned on its radar in this country last year. A few weeks ago we spoke with the leader of the elite team that builds relationships and discusses opportunities at street level.




Manish Vyas visited Mexico a few days ago leading an elite Tech Mahindra team that was building relationships, seeking new business and honing its alliances with its global partners in this territory. "We are visiting, offering to solve the problems that we have solved for large companies around the world," says the president of the Communications Business of the Indian giant in an interview.

The company, headed by Chander Gurnani and with a market capitalization of $ 9.9 billion at the end of May this year, began operating in this country only in 2014. Manish Vyas says that the recently approved reforms, the Mexico's economic situation and its location represent a great opportunity for them to do business.

"For both, that is, for us and for the companies that are based here," he assures us in a hotel room very close to the Historic Center of Mexico City, where he is staying. She is accompanied by Jenny Jacob, who heads Tech Mahindra's businesses in this nation.

Vyas recalls that Tech Mahindra is a technology, digital, consulting and solutions development business that has a turnover of 4,000 million dollars annually, that is present in approximately 60 countries and that employs more than 110,000 people around the world.

"That is only in the area of technology, as you know, we are part of the Mahindra Group."

The Mahindra Group was founded in 1945 as a specialist steel company, which in 1947 began to manufacture the classic Willys Jeep especially for the roads of India. Over the years, it tells its official story, it has diversified into all possible businesses, something that has led them to grow as a company with more than 200,000 employees and with a presence in more than 100 countries.

Today, the official documents add, its operations are in 18 key industries in the modern economy: aerospace, defense, construction, consulting, energy, farm equipment (they are the main manufacturers of tractors in the world), finance, banking, technology of information, cars and even two-wheelers, to name a few examples.

“We had about $ 17 billion in revenue last year,” Manish Vyas explains during the talk, to highlight the size of the group they belong to. We remind you that it is a significant number of employees that Tech Mahindra concentrates, a company founded by the emporium in 1986, focused mainly on providing solutions to telecommunications companies.

“We have been doing that, of the 4,000 million dollars, 53% of that total comes from telecommunications. And the rest of the business comes from what we do for banks, retail, healthcare, manufacturing, in the information technology services space, ”says Manish Vyas.

FIFA, for example, is one of the major global brands that makes use of Tech Mahindra's technology services, as do companies such as Sprint, Samsung, T Mobile or Verizon.

“The services we offer at this time and the problems that we can solve in Mexico are around all businesses, whether you are a bank, a telecommunications company or an oil or gas company, or a factory, all businesses are going digital ”, says the leader during the talk, when we asked which companies they specifically serve in this country. "Companies are focusing on software, businesses are becoming more and more digital."


Many companies, he agrees, are dedicated to solving these kinds of problems. Many of them are your allies. Its strategic allies include CA Technologies, Cisco, IBM, EMC, SAP, Microsoft, Oracle, HP and Juniper.

“Some people build software, others build hardware, some provide consulting. Where we come from, we provide consulting, systems integration, we offer our partners to put solutions together. Our business is more like… imagine a building, and we are like the architect, so we are going to give him the ability to manage the whole building, but we don't put the bricks, the bricks are made by someone else ”.

 

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MANUFACTURING NVERSION
Indian company invests in San Luis Potosí
By Alejandra Méndez. January 2021


Motherson group executives announced the installation of the new production line of the plant that will be located in the Logistik II Industrial Park.

In recent months, the company from India has made a global investment in the Potosi entity that amounts to 640 million pesos.

The company, in addition to manufacturing high-precision turned parts for fuel injection pumps, as well as assembly of metal and plastic components, also has nine work divisions: wire harnesses, visibility systems, modules and polymer products, technology and software, metal products, retail sales and services, aerospace, logistics, as well as healthcare and medicine.

Martha Butrón Ángeles, Motherson San Luis Potosí plant manager, pointed out that the interest in continuing to grow in the entity is due to the economic growth presented in recent years and the high quality of the workforce.


The announcement was attended by Juan Manuel Carreras López, governor of the state, who said that 2021 starts with hopeful news for the economic recovery.

For his part, Gustavo Puente Orozco, Secretary of Economic Development, added that the expansion of this company is a sign of the confidence that investors have in San Luis Potosí, due to the competitive advantages it offers.

Motherson has a presence in 41 countries and is ranked 22nd among the top 100 automotive suppliers in the world.

 

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India, the fourth largest drug manufacturing power in the world, with an 8% share, sets its sights on Colombia to increase the presence of pharmaceutical firms in that country. Today, there are about seven companies in this sector nationwide and with the visit of 30 entrepreneurs, within the framework of India Pharma 2017, on August 29, it is intended that this area is the one with the largest number of companies in Colombia. After the arrival of the big pharmaceutical companies, now it is the turn for the medium and small ones.

Cristhian Salamanca, director of the Colombian Indian Chamber of Commerce and Industry, said, in an interview with Portafolio, that there are also opportunities for Indian investments in the hotel, arms and security sectors.

How many Indian drug companies are coming to the event you are organizing?

About 30 businessmen from India will come to India Pharma 2017 to get partners, buyers or strategic allies, who want to stock up on their pharmaceutical products.

Currently, how many are there in this particular sector?

There are about seven Indian companies in Colombia.

Do those who come on a trade mission plan to open offices?

Very surely, but there it is very important to have a local ally because of the language and regulations that they are specifically unaware of. Those that already have a presence here have done so, through strategic partners.

Tell me a bit about the profile of the companies that come to sell your products
All are affiliated with Pharmaexil, which is the entity of the Government of India that promotes exports in this sector. There, external sales are decentralized for each sector of the economy and have different promotion offices. These firms can be traced and have been on the market for a long time. Some of them are Angiplast, Bharat Parenterals, Bliss Gvs Pharma, Century Pharmaceuticals, East African India Overseas, among others.

How much do drugs weigh on the Indian economy?

First, it must be said that India is the fourth largest pharmaceutical producer in the world, with an 8% share. In addition, this industry has around 20,000 production plants and provides employment to approximately 3.3 million people.

On the other hand, that country manufactures more than 60,000 finished drugs and formulations, and almost 400 in bulk. About 60% of this is exported and the rest is for local consumers. It is expected to continue increasing at a rate of 15% annually, which would represent a growth of US $ 55 million by 2020.

 

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Godrej
An Indian giant bets on Argentina even with obstacles to import

The mega holding company manufactures products of very popular brands such as Roby and Issue in the country. Its local CEO applies the Indian culture of the global Board but warns that he needs to make the entry of products and the remittance of dividends more flexible to develop the business in Argentina
An Indian giant bets on Argentina even with obstacles to import


FLORENCE LENDOIRO
Updated on 04/21/2021 11:51 AM

It sells products very identified with the Argentine market such as Roby hair fixative and Issue dyes, and even manufactures them in Buenos Aires. But few know that behind these brands there is a mega-company of Indian origin that in the midst of a pandemic is betting on increasing local production even when import barriers and difficulties in transferring foreign currency complicate the business.


This is Godrej, a leading company in the cosmetics industry, which with those historical brands -such as Issue and Roby-, debuted in the domestic market in 2010 when it arrived in Argentina and acquired two companies with national capital, Laboratorio Cuenca and Argencos .


From Argentina, today Godrej exports to Latin America, Europe, Asia and Oceania. It has more than 300 employees, a 14,000 m2 plant in the City of Buenos Aires and the aspiration to multiply the current business by five in 5 years in the region. A strategy they call "5x5".


According to El Cronista Comercial the CEO of Godrej Latam, José Toscano, although the company's decision is to bet on the country with an increase in production, they also need a context in which it is less complex to develop the business. "We are an Indian company that invests and will continue to invest in the country, but for that it is necessary to make both exports and imports more flexible, as well as making the money transfer more flexible. We have to be able to pay dividends to our parent company," he said. .



For the executive, even with those obstacles that, for example, caused him to postpone the launch of a product in the country because the authorization of 70 containers that are in Customs has not yet been unlocked, the most important "structural and challenging" problem that they have in the country is the impact of inflation. "It affects consumers and us as a company in terms of creating cost pressures," he warned.

 

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YPF explores an alliance with India to develop Vaca Muerta
BySantiago Berisso -04/11/2020
Sergio Affronti, CEO of the local company, spoke with the head of the Indian oil company as part of a roundtable that focused on Vaca Muerta.

After a meeting at the request of the Indian embassy in Argentina, YPF and ONGC Videsh Limited, an international subsidiary of the national Oil & Gas company of India, assured that they are studying “cooperation opportunities for the potential of Vaca Muerta”.


Sergio Affronti, CEO of the flag company and A K Gupta, director of the Indian company held a first working meeting to analyze a work scenario articulated in pursuit of the development of the Vaca Muerta formation.

The horizon is clear and it is to attract potential investors who see the Vaca Muerta shale as a seductive alternative for production. The prevailing need is to enter foreign currency and, as already stated by President Alberto Fernández and Martín Guzmán, Minister of Economy, they see in the hydrocarbon activity a concrete door for the entry of dollars.

[Vaca Muerta: rise in fracture stages for the third consecutive month]

Both companies held the dialogue instance and the Indian embassy, through its social networks, said that "the two state energy giants explored opportunities for cooperation."

ONGC Videsh Limited is a Government of India company under the administrative control of the Ministry of Oil and Natural Gas. Its primary business is prospecting for acres of oil and gas outside of India, including oil and gas exploration, development and production.

The company has an active presence in 17 countries, including Colombia, Venezuela and Brazil, and produced around 30.3% of the oil and 23.7% of the oil and natural gas of India's national production in 2019-20.

In terms of reserves and production, ONGC Videsh Limited is the second largest oil company in India, behind its parent ONGC.

 

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The Mexican aerospace company AEM and the aerospace company ISRO have signed an agreement on aerospace, the ISRO company is an Indian company that has made great technological advances in the space industry, they have manufactured their own satellites and rockets, both countries strengthen their ties in this matter for the benefit of both peoples.
 

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The Mexican Space Agency (AEM), of the Ministry of Infrastructure, Communications and Transport (SICT), announced that it will begin a new stage of cooperation with the Indian space agency (Indian Space Research Organization, ISRO).

The general director of the AEM, Salvador Landeros Ayala, highlighted that India is a country that develops its own satellites, rockets and launches and that managed to reach the planet Mars with a low-cost spacecraft, the “Mangalyaan” probe, thanks to Indian ingenuity. .
They recalled that joint training activities have already been carried out between the space agencies of both countries, in matters of satellite protection of the population against natural disasters, such as hurricanes, and other hydrometeorological phenomena.

Landeros stressed that, thanks to the support for space matters by the head of the Ministry of Infrastructure, Communications and Transport, Ing. Jorge Arganis Díaz-Leal, who has visualized the value of space infrastructure, history is being made in this area in Mexico.

The engineer Arganis Díaz-Leal predicts, Landeros recalled, that with technological advances, space infrastructure will be a superhighway through which communication, education, economy, and work come to pass, a vision that coincides with that of India, which also works strongly on it.

Therefore, they agreed that this new stage of the alliance will privilege the training of new talents towards this objective, for which they will develop a set of actions to enhance the impulse of young ingenuity in the space issue, so strategic for our countries, they concluded.
 

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The current relevance of the cloud
According to Rajeev Gupta, Country Head for Mexico at Tata Consultancy Services (TCS)
, a multinational information technology consulting and services company, cloud enablement catapults any organization toward exponential business value.

"The cloud is the foundation of all recent technology and business paradigms," he adds.

On the other hand, the flexibility granted by the cloud allows companies to achieve an adequate scale for their purposes, in order to expand or contract their technological capabilities, according to their needs.

Gupta also says that organizations using a cloud-based environment experience significant benefits such as better ability to analyze data, as well as lower capital and operational costs.

 

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Tech Mahindra opens second unit in Mexico with $ 5-million investment
By: Huma Siddiqui | New Delhi | Updated: September 05, 2018 1:54 AM
Tech Mahindra has opened its second unit in Mexico in the state of Aguascalientes with an investment of $ 5 million which would be employing 300 people over the next one year.

Tech Mahindra opens second unit in Mexico with $ 5-million investment (File photo)
Tech Mahindra has opened its second unit in Mexico in the state of Aguascalientes with an investment of $ 5 million which would be employing 300 people over the next one year. The Indian company has also signed agreements of cooperation with several local universities.

Welcoming the development, Muktesh Pardeshi, Indian ambassador to Mexico, told FE, “Mahindra Tractors first set up an assembly plant in Aguascalientes last year and now within a year, Tech Mahindra has established a unit there. Over next one year, they would be adding 300 jobs in Aguascalientes. "

 

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