Investment

Rs.52,000 crore for procurement from domestic vendors A draft of Production and Export Promotion policy proposes the establishment of an aero-engines complex with a focus on Maintenance Repair Overhaul (MRO) as well as critical technologies and exports of Rs.1.75 lakh...

Modi wants co-production through JVs with foreign partners.  Prime Minister Narendra Modi has called for the development of new technology and for significant roles for the private sector in the defence sector. “Our aim is to boost defence production,” he...

CCI clears KKR Asia Fund III-linked investment The Competition Commission of India (CCI) has approved Singapore incorporated Tau Investment’s acquisition of shares in J B Chemicals, headquartered in Mumbai which exports to over 30 countries across the world and earns...

Lightstone invests in five Indian companies The Competition Commission of India (CCI) approved the acquisition by London-Luxembourg-based Lightstone Fund S.A., for and on behalf of the Lightstone Global Fund (LGT) of certain equity stakes in five Indian origin companies. The...

Technology to determine flavors UST Global, a leading digital transformation solutions company, has announced a strategic investment in California-based Tastry to bring this innovative technology to clients to help them identify shopper preferences. UST Global and Tastry will bring this...

Growing investments in the food processing sector The flexible packaging market in India is poised to grow by US$9.76 billion during 2020-2024, progressing at a CAGR of almost 12% during the forecast period, according to a Technavio report on 21...

The trade pact will further increase FDI flow Ambassador Taranjit Singh Sandhu has called for the conclusion of the ongoing trade negotiations which would become the first phase of a comprehensive bilateral trade agreement between India and the United States....

Finland keen to further develop trade Finland is committed and is keen on developing trade & investment and commercial & industry cooperation with India, along with an EU-India Investment Protection Treaty, said Finnish Ambassador Ritva Koukku-Ronde. An Investment Protection Treaty...

Siemens stay focused on India Siemens Ltd, a multi-national corporation with international markets, has won approval to acquired 100% C&S Electric Limited, India’s leading electrical and electronic equipment manufacturer and exporter. The Competition Commission of India (CCI) approved on 20...

Dutch bank helps WayCool FMO, the Dutch entrepreneurial development bank, has allocated a grant of U$114,000 to Chennai-based WayCool Foods, for procurement and distribution of dual-purpose Personal Protective Equipment (PPE) kits and enablement of on-site Soil testing to farmers. It...