The western state of Gujarat in India, has released an investor-friendly Aerospace and Defense Policy 2016 that offers 10-year incentives in relation to land allotment, stamp duty, registration charges and electricity duty, to attract defense and aerospace manufacturers reports Defense World. Terms of this policy are: The state will now...
Nivea Inaugurates its First Manufacturing Facility in India
German personal care major Beiersdorf AG’s affiliate Nivea India Private Ltd., opened its $156 million plant at Sanand in the western state of Gujarat, its first in the country. The 775,000 square feet land was acquired by the company from the Gujarat Industrial Development Corporation last year. Currently, the factory...