At the International Telecommunication Union - Radio Communications' terrestrial radio systems (WP5D) meeting held in Canada, the Indian delegation championed the mandatory adoption of a configuration called Low Mobility Large Cell (LMLC) for 5G technology. The proposal has been approved by the global telecom organization. This configuration focuses on low...
CPPIB to Form JV with India's IndoSpace Realty
Canada Pension Plan Investment Board (CPPIB) plans to invest up to $1.2 billion in a joint venture with Mumbai-based IndoSpace, an industrial real estate-focused investment firm jointly owned by private equity investor Everstone Capital and Maryland-based Realterm Global. Key Highlights: Canada Pension Plan Investment Board and IndoSpace form IndoSpace Core,...
Infrastructure Investments up 17 Percent in India
According to data from Mumbai, India-based investment bank Equirus Capital, India's infrastructure sector raised a total of $3.49 billion across 33 transactions in Fiscal Year 2017 compared with $2.98 billion raised in 31 transactions in 2016, an increase of over 17 percent. The data also showed that the majority of...
Blackberry Will Make Android Devices in India
Waterloo Canada-based Blackberry announced its partnership with New Delhi, India-based Optiemus Infracom, an existing distribution partner for BlackBerry devices in the country. Blackberry will license device software and brand assets to Optiemus, which will design, manufacture, sell, promote, and support BlackBerry-branded devices in India, Sri Lanka, Nepal and Bangladesh. Alex...
Magellan Aerospace to Construct Manufacturing Facility in India
The Mississauga, Ontario-based Magellan Aerospace announced plans to construct a manufacturing and assembly plant in India. The 140,000 sq ft building will be constructed on seven acres in the Aerospace Special Economic Zone near the Bangalore International Airport. The company provides complex assemblies for aircraft and engine manufacturers, and defense...
Canadian Investments Surge in India
Canadian institutional money is pouring into India. One of our earlier blogs talks about Toronto-based Brookfield acquiring the telecom towers of India's Reliance Communications. The Brookfield-Reliance Infratel transaction worth $1.6 billion is the second-biggest private equity transaction ever in the country. Last October, in one of India's largest deals in...