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Nigeria seeks major Indian partnerships for economic expansion
Nigerian Foreign Affairs Minister Yusuf Maitama Tuggar encouraged medium-sized Indian family businesses to explore opportunities in the Nigerian market, emphasising the reduction in political and financial risks.Read more
Naffco to invest Rs 700 cr Manufacturing Plant in Telangana
In addition to this manufacturing endeavour, Naffco is set to forge a strategic partnership with the National Academy of Construction (NAC), a prominent institution based in Telangana, to create a Fire Safety Training Academy.Read more
Saudi Wealth fund forges $3.3 billion steel giant in Saudi Basic Industries' Deal
The Public Investment Fund (PIF) will take ownership of Saudi Iron & Steel Company from Sabic, while, in a separate transaction, Sabic's steel arm, Hadeed, will secure AlRajhi Steel Industries in exchange for equity, as per an official statement.Read more
Anant Raj to invest Rs 10,000 crore in 300 MW Data Centre Project
To oversee the operations of these data centres situated in Manesar, Rai, and Panchkula in Haryana, Anant Raj has established a subsidiary named "Anant Raj Cloud."Read more
Mahindra & Volkswagen comes together for EV Components
In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more
India's Tech Manufacturing Surge: Laptop production soars, creates jobs, investments
While India witnessed a remarkable 14-fold increase in smartphone production over the span of eight years, the nation has now shifted its focus to the realm of laptops.Read more
Corning chooses Telangana for revolutionary gorilla glass facility
With a rich legacy spanning over 172 years, Corning Inc. is renowned for its expertise in glass science, ceramics science, and optical physics. This venture is expected to create employment opportunities for more than 800 individuals.Read more
Modulus Alternatives commits Rs 1.5 bn to Shivam Autotech in debut private credit fund investment
The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more
HP pursues Indian PC manufacturing growth through PLI 2.0
To bolster PLI 2.0, the government has implemented restrictions on the import of IT hardware, requiring OEMs to apply for licenses before importing.Read more
CRISIL forecasts a 35% surge in road and renewable energy investments by 2024
The report highlights that favourable policies, escalating investor interest, and effective project implementation will contribute to this capital outlay expansion in these sectors.Read more