Japanese motor-bike manufacturer Yamaha Motor has announced that it will set up a fifth global research and development facility(R & D) headquartered in Surajpur, Uttar Pradesh that would help develop low-cost models for the future. The company is working to roll out a motor-cycle priced at around US$ 500.

German sportswear major Adidas is stepping up expansion for its sports fashion and lifestyle brand 'Adidas Originals' in India with plans to have up to 20 exclusive stores by the end of the year according to the PTI.

The Indian Centre is reported to be looking at plans to promote foreign direct investment (FDI) in multi-brand retail.

Perceived changes at the finance ministry following the presidential polls that are to be held later this month would signal that a change in policy over FDI is indeed likely, sending out a strong and positive signal to global investors.

Invest Northern Ireland Chief Executive Alastair Hamilton has announced that Mid-Ulster-based Aero-Heli is being assisted to expand business in the Republic of Ireland and Great Britain. Speaking during a visit to the company, Hamilton said: “Our support is geared to the promotion of this entrepreneurial company in its two target markets by means of activities that will increase brand awareness.This will enable the company to attract attention particularly among potential clients requiring helicopters for a range of operations including monitoring and maintaining pipelines and electricity grids and also for emergency response services.This is an export-led company with a strong commitment to measures that will produce faster growth. The company recognises that the growth it is seeking can only be achieved by means of a concerted and professional drive that enhances its position in markets abroad.The company’s business plan fits perfectly our strategic focus on assisting smaller businesses which are entrepreneurial, innovative and determined to grow sales outside Northern Ireland.”

The Times of India reports that global property consultants are making an official footprint in Gujarat as the spotlight uncovers a rich and progressive business environment.

India's more established business centres will be familiar to many. India's Business Today publication looks at some of the lesser known cities where big infrastructure and industrial projects ensure huge future growth potential and attractiveness in terms of real estate investment.

AHMEDABAD

Ahmedabad, among India's fastest-growing cities has only recently started realising its real estate potential. It is witnessing a construction boom and an increase in population.

Reuters today reported that Reliance ADA Group, a leading Indian conglomerate, will invest between US$5 billion and US$10 billion in mining infrastructure in Indonesia, the investment chief of Indonesia said yesterday.