Vienna, Austria-headquartered Constantia Flexibles will invest $16 million to expand production capacity at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat. The company broke ground in mid-2017 on a new greenfield site close to existing production at Parikh. The site is currently under construction and will meet international environmental, hygiene, and...
Arms Trade Arrangement Admits India
In a significant development for India, export control regime Wassenaar Arrangement (WA) admitted the country as its 42nd member of the organization. Admission into the WA is an affirmation of India’s position as a responsible nation in the arena of dual-use goods and technology, besides transfer of conventional arms. This...
India is Top Six Manufacturer says UNIDO
Headquartered in Vienna, Austria, the United Nations Industrial Development Organization (UNIDO) has just released its 2015 Yearbook. A report on global manufacturing output mentions China at the top of the list of the top 10 industrial producers followed by the U.S., Japan, Germany, and Korea. India at the sixth place...
Boeing, Delex to supply 22 Harpoon missiles for India's submarines
The US State Department has made a determination approving a possible Foreign Military Sale (FMS) to India for Boeing UGM-84L Harpoon missiles and associated equipment, parts, training and logistical support for an estimated cost of $200 million. India's Navy requested 12 UGM-84L Harpoon Block II Encapsulated Missiles, 10 UTM-84L Harpoon...
Heavy-Water Nuclear Reactor Exports from India, Chief Asserts
Dr. Srikumar Banerjee, India's topmost atomic energy official, said in Vienna, Austria this week that Nuclear Power Corporation of India Ltd is "ready to offer Indian PHWRs of 220 MWe or 540 MWe for export." Banerjee claims that Indian industry is also "on the way" to becoming a competitive supplier...