Houston-based LyondellBasell Industries announced that it has entered into a definitive agreement for the acquisition of SJS Plastiblends Pvt. Ltd., a polypropylene compounds manufacturer, located in Aurangabad in the western state of Maharashtra, India reports CNN Money. “This acquisition will expand our global PPC manufacturing footprint and allow us to...
GM Will Invest $1 Billion in India
The Detroit car maker General Motors Co., said that it will invest $1 billion over the next few years to turn India into a global export hub. This investment will be part of a $5 billion commitment to develop a global family of Chevrolet vehicles along with Shanghai Automotive Industry...
America's Jeep Returns to India with $280 Million Investment
Fiat Chrysler Automobiles announced that it will invest approximately $280 million in its manufacturing joint venture, Fiat India Automobiles, with Tata Motors. The manufacturing facility in Ranjangaon, located around 31 miles (50 km) from Pune in the western state of Maharashtra, will support the production of a new Jeep vehicle. Production is...
India’s NPCIL receives Steam Generators for Kakrapar Atomic Power Station Unit 3
Larsen & Toubro Limited, an Indian multinational conglomerate headquartered in Mumbai has supplied two 700 MWe steam generators for Unit 3 of the Kakrapar nuclear energy plant located in the state of Gujarat. Each steam generator weighs about 215 tons and is made of special low-alloy quenched & tempered steel ...
Thailand's Five Star Chicken to Invest $500 Million in India
Charoen Pokphand, a Thailand-based group that owns the Five Star Chicken quick-service chain of restaurants, will invest $500 million in its India division in an effort to double its annual revenue reports GlobalMeatNews. Sanjeev Pant the vice president of India operations explained that 30% of the 500 million will be...
Wipro-GE Healthcare Launches First India-Made CT Machine
Wipro GE Healthcare shipped out the first Computed Tomography system designed and developed in India to a hospital in Pune, in the western state of Maharashtra. “This is the first CT system to be entirely designed, developed and manufactured in India,” said Milan Rao, President and CEO, GE Healthcare South...