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Bangalore Startup Shoots For The Moon Propeled By Nandan Nilekani, Ratan Tata And Others

Purva Marwaha - 06-mars-2017 10:24:17

Bangalore Startup Shoots For The Moon Propeled By Nandan Nilekani, Ratan Tata And Others A team of more than 100 techies--young engineers guided by a group of retired senior scientists from the Indian Space Research Organization (ISRO)--is building a spacecraft to soft-land a rover on the moon by the end of this year and fly the Indian flag up there on the country’s Republic Day (January 26, 2018). The spunky Bangalore startup has already secured a contract with ISRO for sending the spacecraft into orbit around the Earth aboard ISRO’s Polar Satellite Launch Vehicle. Team?Indus, cofounded by IIT grad and serial software entrepreneur Rahul Narayan, is one of five teams around the world competing for the $20 million Google Lunar XPrize that is intended to promote entrepreneurial space exploration. The others in the fray are the U.S.’ Moon Express, Israeli nonprofit SpaceIL, Japan’s Hakuto and Synergy Moon (an international collaboration from 15 countries). The winner is required to land the craft and release the rover, which has to move 500 meters on the lunar surface and beam high-definition photos and videos back to Earth. The Indian team has already cleared one milestone, landing technology, and has netted $1 million from GLXP. GLXP’s stipulation is that 90% of the mission cost has to come from private sources. Part of the funding will come from selling taxi services: For instance, competitor Hakuto’s rover will hitch a ride on the Indian spacecraft. "The development of the spacecraft is in progress now," says fleet commander Narayan, 43. "We have all the key alliances in place. We can make this happen." The trip to the moon has big backing from these business leaders: Nandan Nilekani Software giant Infosys’ cofounder, with a net worth of $1.6 billion, is the biggest investor in TeamIndus.   Rakesh Jhunjhunwala Hailed as India’s Warren Buffett, the star investor who stays away from startups has made an exception with the lunar company. Ratan Tata Former chairman of the $103 billion (revenue) Tata conglomerate is a big backer of startups in India. Venu Srinivasan South Indian business leader chairs India’s third-largest two-wheeler maker--the $1.7 billion (fiscal 2016 revenues) TVS Motor Co. Sachin & Binny Bansal Cofounders of e-commerce marketplace Flipkart--referred to as India’s Alibaba--take a leap into space.   Source:  http://bit.ly/2lNqAv6

French company Suez helps south Delhi colony get drinking water from taps.

Purva Marwaha - 06-mars-2017 10:14:23

In a first, south Delhi colony gets drinking water from taps The inauguration of the scheme saw Deputy Chief Minister Manish Sisodia, Malviya Nagar MLA Somnath Bharti and Mishra underline the initiative’s importance in bringing Delhi closer to developed countries. On Sunday afternoon, a residential colony in south Delhi’s Malviya Nagar became the first area in the capital to get 24×7 access to potable water from taps. The flagship project is aimed at benefitting 1,900 people in the area and will be implemented in other parts of Delhi soon. Done under a public-private partnership with French company Suez, the scheme was implemented by isolating Navjeevan Vihar hydraulically and following the “calculation of losses”, Delhi Jal Board (DJB) officials said. The supply of potable water at the colony, officials said, is from the Malviya Nagar underground reservoir command area, which provides water to around 4.5 lakh people in south Delhi.   “The project will help 340 families. Consumers will be able to get drinking water directly through taps by closing the inlet of the overhead tanks. As part of the project, a leak detection mechanism has also been put in place, and losses at household levels, checked,” said DJB chairperson Kapil Mishra. DJB officials said that three exercises had to be conducted in order to ensure uninterrupted high-quality water supply. “House service connection levels needed to be changed, overhead and underground tanks needed to be bypassed and a high-end leakage detection system had to be formulated,” a senior DJB official said. Mishra added, “This initiative will help consumers save water from leakages and overflow. It would also help people save money as water bills will get less expensive. It will also end people’s dependency on water purifiers. No water pumps will also be required and hence power consumption will be reduced.” The inauguration of the scheme saw Deputy Chief Minister Manish Sisodia, Malviya Nagar MLA Somnath Bharti and Mishra underline the initiative’s importance in bringing Delhi closer to developed countries. Stating that while the pilot project might look like a “small step”, Mishra said the scheme will be replicated in other parts of the capital, which has already been divided into 1,010 units. For residents, it is a dream come true. “In this society, we have seen a lot — from laying down of water pipes to bad performance of overhead tanks and shortage of water and milk. Having gone through that, to get water supply 24×7 seems like a dream. But it has happened,” said J Arora, who has been living at Navjeevan Vihar for more than two decades.   Source:  http://bit.ly/2ms0DW1

Dassault sets sights on supplying 200 Rafale jets to India over next decade

Julian Hoarau - 17-févr.-2017 10:16:54

French aircraft maker Dassault Aviation on Wednesday said the Indian order for 36 Rafale fighters was a “bit small,” hoping it would swell to around 200 warplanes over the next decade. The firm has factored in an upcoming naval aviation programme to arrive at the figure. Dassault Aviation CEO Eric Trappier said a bigger order would ensure that transfer of technology was meatier and also position the country as a high-end manufacturing hub under the Make in India initiative. India plans to induct some 400 warplanes during the next 10 years to sharpen its military edge. “Thirty six is a good number to start with but we need to build on that foundation. It is not big enough for transfer of technology,” Trappier told a select group of journalists at Aero India-2017. “We are pushing for more orders. We are aware of the Indian military’s requirements and additional orders could come.” India and France signed the $8.7-billion Rafale deal on September 23, 2016. The jets, equipped with latest weapons and tailored for Indian needs, will be delivered between 2019 and 2022. Indian Air Force fighter pilots and technicians will head to France in 2018 to train on the Rafale. The IAF has also cautioned that the 36 fighters are not enough to check the erosion of its IAF’s strength. Trappier said Rafale was a strong competitor for an Indian programme to build twin-engine fighters in the country. He said Dassault would also compete with global rivals for an order to supply 57 carrier-borne fighters to Indian Navy.   “It makes better sense to equip the IAF and the navy with the same platform as it means good logistics, maintenance and industrial support,” he said. US aerospace giant Boeing will also compete for the naval programme with its F-18 Super Hornet. The IAF’s Rafale fighters will be equipped with European missile maker MBDA’s Meteor beyond visual range missiles. MBDA CEO Antoine Bouvier told HT the missile’s no-escape zone was three to four times greater than other missiles. MBDA has formed a joint venture with Larsen & Toubro to take part in upcoming missile programmes under the Make in India plan. “This is MBDA’s first JV outside Europe. We are willing to transfer most sensitive missile technologies,” Bouvier said. Dassault Aviation has forged a joint venture with billionaire Anil Ambani’s Reliance Defence for carrying out its offset obligations bundled with the Rafale deal. Ambani flew in a Rafale fighter at the airshow, pulling 6G (experiencing six times the force of gravity) during the 35-minute sortie. From Hindustantimes.com : http://www.hindustantimes.com/india-news/dassault-sets-sights-on-supplying-200-rafale-jets-to-india-over-next-decade/story-sICe1UFTRC0RxR3wkpLCZK.html  

LOUVRE HOTELS GROUP BUYS INTO SAROVAR HOTELS AND BECOMES ONE OF THE LARGEST HOTEL GROUPS IN INDIA

Purva Marwaha - 19-janv.-2017 10:05:04

  Louvre Hotels Group buys into Sarovar Hotels and becomes one of the largest hotel groups in India       Louvre Hotels Group, 2 nd largest hotel group in Europe, announces its acquisition of a majority stake in Sarovar Hotels, the largest independent Indian hotel chain in terms of hotels and presence. The European hotel group continues to rollout its international expansion plans with this, its first investment of size in the Indian subcontinent. India, with its fast-growing economy, its global tourism potential and a significant under- penetration of branded hotel rooms, represents a new opportunity and a strategic market of more than 1.2 billion inhabitants for the group.       After launching a far-reaching scheme to strengthen its positions in China and South-East Asia, Louvre Hotels Group   continues to boost its presence in South Asia, keeping up with the region’s constantly growing leisure and business tourism. The group has decided to become a majority stakeholder in Sarovar Hotels, an Indian company made up of 75 hotels on the premium, mid -range and budget sectors, through 3 leading brands:   Sarovar Premiere  Sarovar Portico  Hometel    In addition to the above three brands, the group also has two well established F&B brands, The Geoffrey’s Pub and the Oriental Blossom, and manages the lodging and catering facilities of various institutions in India. Furthermore, the group manages 10 hotels under the Radisson, Park Plaza and Park Inn brands.   Sarovar Hotels was founded in 1994 by Anil Madhok, a hotel industry expert on India, Singapore and Sri Lanka markets. It is also run by Ajay K. Bakaya and Mansoor Adil who have built it into a robust and effective hotel platform combining marketing, human resources, operations, management and technical services.   Leveraging its hotel expertise and seasoned management staff, Sarovar has developed significantly over the past 5 years, growing from 4500 to nearly 6000 rooms in over 50 cities. Sarovar has a secured pipeline of over 20 hotels, most of which are due to join the network shortly.   Over the last few years, Sarovar also started to develop its brands outside its boundaries, targeting Africa, and more significantly Eastern Africa, which de facto also strengthens Louvre Hotels Group positioning as the largest hotel group in this part of the world.     This strong and experienced team will continue to provide its expertise and manage the hotels under its brands. Both hotel groups share the desire to continue developing Sarovar Hotels brands. This powerful platform will also sustain the development of Louvre Hotels Group brand which has been present in the Indian sub-continent since 2007 and currently manages 22 hotels under its Golden Tulip Umbrella brand.     This reconciliation between Louvre Hotels Group and Sarovar Hotels offers unprecedented synergies between strong local brands and the world’s 5 th largest hotel group. Respective hotel owners for both groups will benefit immediately from such synergies including local and international management expertise, world-wide distribution, loyalty programs, sales and marketing initiatives, and procurement services.       This deal clearly demonstrates the ambition of Louvre Hotels Group; boosting its development through strategic deals on high potential markets.   “Number 2 in Europe, Number 1 in China, and now a leader in India, we really are a major global player, present in all major markets, and in all the hospitality segments. Sarovar is a fantastic platform, very promising for the future, mostly due to the professionalism and the local expertise of its smart team.” emphasises Pierre-Frédéric Roulot, CEO Louvre Hotels Group "Over the last two decades, Sarovar Hotels has grown to be one of the fastest growing hospitality chains in India. The association with Louvre Hotels Group will help us to spread our wings further and we will continue to develop our brands. With local and international capabilities, we aim to be the leading brand in the business and bring in major benefits to our guests”, comments Anil Madhok, Executive Chairman, Sarovar Hotels       Source: http://bit.ly/2iEfBY6  

147 french companies at Vibrant Gujarat

Julian HOARAU - 13-janv.-2017 07:07:39

The Minister of Foreign Affairs and international development, Mr. Jean-Marc Ayrault, led a delegation of 147 members to the Vibrant Gujarat Global Summit on 10 January 2017. Investor leading in India, France, Summit partner country, is committed to partnerships with the Indian Government and the State of Gujarat. Nobel Prize of physics Serge Haroche, known for his work on atomic physics, quantum optics, the study of the photon and the development of laser spectroscopy, also participated in the Conclave of the winners of the Nobel Prize. The trade delegation, framed by Business France consisted of 60 French companies specialized in the sectors of energy, urban development, management of water and waste, aviation, logistics, food industry, transport, new technologies of information and communication, housing (biotechnology, metal coatings, dental, electronic, pharmaceutical, textile), Board, banking and finance. The CEOs of the major French mutltinationales, including EDF and Cap Gemini, attended the Conclave of CEO. On this occasion Mr. Jean-Marc Ayrault, visited the French pavilion of the exhibition. The large number of participating companies, with a wide range of skills advanced, wants to work with Indian features and is fully committed to the ambitious initiative "Make in India". France, with his industry experience and expertise in advanced technologies, built a partnership for the future with the India supporting actively in achieving its main objectives in the areas of the development of transport, energy, agriculture, infrastructure and industry. France held a seminar country on January 11, which focused on two key themes: energy needs for the future and urban transport integrated in the Smart City. 12 french experts have shared their innovative proposals for the transformation of waste into energy, intelligent lighting, the stand-alone solutions for smart village, the manufacture of solar panels, connected solutions for urban transport, the intelligent parking and train stations of the future. Gujarat is one of the Indian States in stronger growth, but it is also one of the most attractive for investments. That’s why Vibrant Gujarat 2017 attracted 60 French companies from diverse industries already established in India or willing to expand their business here. The France invests in India, made in India and innovates in India. To strengthen Indo cooperation already very successful, regional economic Service of the Embassy of France in India and France Business remain at the disposal of the authorities and Indian companies to further develop bilateral economic relations.

"Why smart investors choose France? "

Julian Hoarau - 02-déc.-2016 12:00:41

On the occasion of the SME Summit organized by the Confederation of Indian Industry on Tuesday 22 November 2016, Business France India and the Regional Economic Service of New Delhi hosted a Country Session on France entitled "Why smart investors choose France? "In the presence of some 50 Indian companies. This seminar highlighted the comparative advantages of France as an investment destination for the Indian business community and to raise awareness of the latest reforms introduced by the French government to facilitate the "Doing business" in France.   Business France / India also held a booth during the 2 days of the summit, on 22 and 23 November

Electric bicycles set to hit Amaravati roads

Purva Marwaha - 01-déc.-2016 06:35:26

Chennai-based varsity makes a proposal for introduction of ‘smart’ transport in the region Will an electric bicycle hit it big in Amaravati, the new capital of Andhra Pradesh? The answer could be ‘yes’ if Chief Minister N. Chandrababu Naidu who has a penchant for all things ‘smart’ approves of a proposal by the Chennai-based Veltech Dr. RR & Dr. SR University. A team representing the university is in the city to meet Mr. Naidu on Wednesday and put forth a proposal to introduce ‘smart’ eco-friendly transport in the form of an innovative blue-tooth-embedded e-bicycle in the Amaravati region. The university has developed a prototype of what it claims socially relevant technology with high impact on society, in partnership with Francecol Technology, a French company. The project was recently approved under Industry-Academia Research and Development Programme and funded by Indo-French Centre for Promotion of Advance Research (CEFIPRA). “We wanted to develop an embedded wheel drive electric motor with special design features for superior performance at lower cost when compared to the electric cycles currently available. One of the aim was to develop motors without permanent magnets. This technology has spin-off applications in wheel chair and other electric vehicles. The product will be marketed in India and Europe,” said Francois Bernot of the French firm. Veltech and FranceCol are contributing to the design and technology area while the French University partner Centrale Superlec at Gif sur Yvette will analyse and test the product and Indian industry partners Joshi Electronics & Electrical Pvt. Ltd, Pune and Gurgaon-based Turnpoint Technologies are responsible for manufacture of prototypes and commercial operations.   Objective “Our concept’s first objective is to create an electric assistance for bicycles and wheel chairs by integrating our ultra thin and high frequency electric engine to one of its wheels with its power electronics and sensor. This innovation is a result of seven years of research and development. Applied to an aeronautic system, tested and approved, this engine has the advantage of being simple to build and economical,” said Dr Francois Bernot. “Imagine if the city has 10,000 such bicycles, the roads would turn into paradise,” said U. Chandrasekhar, Pro Vice-Chancellor of the university. The university has developed four such cycles.   “The cost factor may come down once we start mass production,” said Mr. Chandrasekhar.   Source: The Hindu, 29th November 2016

About
Thibaut Fabre, Country Head   Welcome to the French Trade Commission Business France in India!   Our key mission is to promote trade relations between France and India . We assist French-based companies seeking potential partners and new markets in India, while helping Indian businesses to identify potential French suppliers and technical partners.   In India, our 4 offices are located in the business hubs of New Delhi, Mumbai, Bengaluru and Chennai. We have a dedicated multicultural team of over 30 experts in the following growing sectors: - Agro-business; - Lifestyle, Consumer Goods and Healthcare; - Infrastructure, Transport and Industry; - ICTs, Retails and Services.   Our Trade Commission also has a Press office in charge of helping French companies to communicate in India as well as a Market Access Department enabling them to better understand and adjust to the Indian regulatory and fiscal framework.  

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