Global private equity group KKR & Co Inc has targeted a record $15 billion for a new Asia-focused buyout fund. Groups such as Bain Capital, Blackstone, Carlyle, and KKR are increasingly focusing on Asian investments as lower valuations and corporate restructuring have created new opportunities in key markets. An Asian...
Export of Chemicals from India to U.S. Surges
A study by UNCTAD, the trade and investment body of the UN, notes that India gained $755 million in additional exports, mainly of chemicals, metals and ore, to the U.S. in the first half of 2019. The report, Trade and Trade Diversion Effects of United States Tariffs on China, said...
India's Sun Pharma Expects to Win in China
With a recovery underway in its U.S. business, India's Mumbai-based Sun Pharmaceutical Industries Ltd., is scouting for a partner in China, where the government aims to drive down the cost of healthcare. China has rolled out a bulk drug procurement program that’s driving down prices and providing an opening for...
Trump Wants U.S. Companies to Find an Alternative to China
Shortly after China announced that it planned to respond to increasing U.S. tariffs on Chinese goods by imposing retaliatory tariffs of 5 to 10 percent on $75 billion worth of U.S. goods, President Trump "ordered" U.S. companies to pull out of China. "Our great American companies are hereby ordered to immediately...
India Seeks Supplier to Make Materials for Bulletproof Vests
India seeks foreign companies that will produce the raw materials used for manufacturing bulletproof vests, in the country. Currently, Indian companies that produce such vests import the raw materials from China. India's government projects that more than 300,000 bulletproof vests will be required by the Indian armed forces. According to...
India Plans Its Own Space Station by 2030
K. Sivan, the chief of the Indian Space Research Organization (ISRO) said India plans to establish its own "very small" space station by 2030. He envisages a 20 ton space station, which will be used to conduct experiments on microgravity and will accommodate astronauts for up to 15-20 days in...