New Delhi-based Petronet LNG Limited, will sign a deal in a year’s time to buy at least 1 million tons of U.S. natural gas annually for a period of up to 10 years. The firm may also acquire a stake in a U.S. liquefied natural gas (LNG) project, said Petronet’s...
Global Companies to Grow in India's Semiconductor Market
The Indian Electronics and Semiconductors Association projects 10.1 percent growth in sales of semiconductors in India between 2018 and 2025. The main opportunities for growth in India are the fields of industrial automation, defense, and rural broadband. India has vast talent pools in both hardware and software semiconductor design engineers...
Mavenir Expands Footprint in India
As it grows its presence in India, Richardson, TX-based Mavenir, that offers a portfolio of digital services to enable global communications across a variety of mobile devices and platforms, appointed a regional vice president for India/South Asia region. Mavenir has over 1,300 people in India/South Asia region with offices in...
Swych Inc., Acquires Gift Cards India Network
Plano, Texas-based digital gifting platform Swych Inc., acquired Mumbai-based Gift Cards India Network Pvt. Ltd., to expand into the South Asian gifting and loyalty market. Gift Cards India (GCI) operates an aggregation and distribution network for gift cards that serves retail consumers, enterprises, loyalty platforms and wallet operators. "Digital gifting...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
India's JSW Steel to Buy a Steel Plant in Ohio
Looking to increase its production capacity in the U.S., JSW Steel, the Mumbai, India-headquartered steelmaker, entered into an agreement with JSM International, Acero Junction Holdings Inc. and Acero Junction Inc. for acquisition of 100% shares of Acero Junction Holdings Inc., a Delaware corporation. The deal is subject to fulfillment of...