Posts tagged ‘Visakhapatnam’

10/08/2015

China’s Xiaomi to Make Smartphones in India – India Real Time – WSJ

Chinese smartphone maker Xiaomi Corp. will begin manufacturing phones in the southern Indian state of Andhra Pradesh, according to the state’s highest elected official.

A tweet from the verified account of N. Chandrababu Naidu, the state’s chief minister, said Xiaomi would announce the move today.

Xiaomi’s move follows Taiwanese contract manufacturer Foxconn’s announcement Saturday that it plans to spend $5 billion on factories and research and development in the western state of Maharashtra. Foxconn, known officially as Hon Hai Precision Industry Co. assembles Apple Inc. iPhones and as well as most of Xiaomi’s phones. Foxconn has a plant in Andhra Pradesh.

The Indian government amended its customs rules recently to make it more attractive to make electronic goods in India, as it seeks to boost manufacturing, create jobs and reduce reliance on expensive imports from China.

via China’s Xiaomi to Make Smartphones in India – India Real Time – WSJ.

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07/11/2014

India’s Aging Military Equipment Claims Another Life – India Real Time – WSJ

Indian warships and aircraft are continuing to scour the seas off the country’s southeastern coast in search of four sailors who went missing after a torpedo recovery vessel sank on Thursday evening claiming the life of one sailor.

A navy official said the A 72 vessel, that is over 30 years old, sank while on a mission to “recover practice torpedoes fired by fleet ships during a routine exercise, when she experienced flooding in one of her compartments”.

Soon after the incident, navy ships rescued 23 of the 28 sailors on board, he said.

“Nine ships and some aircraft have been deployed to look for” the missing sailors,” the official said.

Despite the increased focus on safety, India’s armed forces, particularly the navy, have been hit by a series of accidents recently, some of them deadly.

In March, a naval commander died during a gas leak in destroyer that was under-construction in a shipyard in Mumbai.

On Feb. 26,  after a fire on INS Sindhuratna—a Soviet-built submarine–left two submariners dead, India’s naval chief, Admiral D.K. Joshi, resigned taking “moral responsibility” for a series of fatal naval accidents under his watch.

The most devastating took place in August last year when 18 sailors died after explosions and a fire rocked a Russian-built sub, INS Sindhurakshak, in a Mumbai dockyard.

The incidents cast a shadow over the South Asian country’s efforts to modernize its military mainly by replacing Soviet-era equipment.

Prompted in part by the rapid modernization of the Chinese navy and buildup of China’s naval presence in the Indian Ocean, Prime Minister Narendra Modi’s government is increasing its focus on maritime security.

via India’s Aging Military Equipment Claims Another Life – India Real Time – WSJ.

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