Industry News

Suzuki plans to set up production units in Haryana

During the Make in India week 2016 in Mumbai, Suzuki reveals its plans to set up production units in Haryana in near future

Clariant JV Starts Construction of Masterbatch Production Plant in Saudi Arabia

Clariant Masterbatches Saudi Arabia, a joint venture between Clariant, a Switzerland based specialty chemicals manufacturer, and a Saudi Arabia based multipurpose plastics producer

Apple to set-up technology development center in India

Apple to start its technology development center in India by second half of 2016

Carlsberg Turns Profitable in India

Carlsberg’s strong beers turns it into a profitable business after 10 years of its entry into India

Tyre brand- DMACK, to have a production facility at Carlisle

Mr. Cormack, the Managing Director of DMACK Tyres unveiled his plans to start a production facility in Carlisle in two years

Qualcomm India to provide carrier aggregation support technology to mobile makers

Mobile manufacturers to get Qualcomm carrier aggregation solutions

Snapdeal raises USD 200 million

Snapdeal the E-commerce online marketplace raised USD 200 million just after 7 months after it had raised USD 500 million

INOVYN expected to setup a potassium hydroxide manufacturing facility in Antwerp, Belgium

INOVYN Deutschland GmbH, a Germany based chemicals manufacturer, is expected to setup potassium hydroxide (KOH) evaporation unit at its Antwerp / Lillo site in Belgium for the production of KOH.

LetterOne Funds Uber with USD200 million

Uber’s market share is forecast to increase in the United States

Oracle plans to invest $400 Million for its India Operations

Oracle to set up campus in Bangalore, the largest center outside the US

Mahindra and Mahindra Consolidates Agri Business

Mahindra transfers its agri business to Mahindra Subhlabh Services Ltd

Lanxess and Saudi Aramco Set Up Joint Venture for the Production of Synthetic Rubber

LANXESS Aktiengesellschaft, a Germany based global manufacturer of specialty chemicals and performance polymers

Yokohama Rubber Poised to Expand Tyre Manufacturing Capacity

Expansion of Production Capacity is anticipated to Increase Market Share of Yokohama in Japan Tyre Market

Blue Star targets 12% market share in the Room ACs segment by 2017

India’s leading air conditioning company aiming 12% market share in its room ACs segments

M. Holland to Acquire Able International and Tril Export

M. Holland, a US based distributor of thermoplastics resins, has inked a letter of intent to acquire two global resins distributors, namely – Tril Export and Able International. The former caters to the growing

Radio Taxi services provider Meru targets expansion in 45 new cities of India to become USD1 billion firm by 2022.

The company is aiming to have a network of one lakh radio taxis by 2022.

Plonk, a real-time parking app for user to find the right space

Mobile Parking app launched to facilitate the right parking space to users

U.S. President Barack Obama rolls out national cybersecurity action plan

National Action Plan on Cybersecurity worth US$ 19 Billion is rollout in U.S.

Kalyan jewelers to go online partnering with Flipkart to sell jewellery online

The Kerala based Jewelers would be using e-commerce channel to increase its business.

Daikin Industries Ltd. Acquires Flanders Holdings LLC

Daikin Industries Ltd., a multinational air conditioner manufacturer based in Japan, has acquired USA based Flanders Holdings LLC through