Swedish automaker Volvo will start its vehicle assembly operations in India from this year, as the company expands further in a fast growing premium car segment in the country. The assembly operations will be located near Bangalore in ...
Tags: Volvo, Car Assembly Operations
UAE-based Amira Nature Foods has acquired a portfolio of packaged specialty rice brands from Euro Basmati in Germany for an undisclosed price. The acquired brands include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari which have ...
Tags: Amira Nature Foods, rice
Coca-Cola bottling firms Kandhari Beverages and Enrich Agro Food Products are planning to invest Rs5.1bn ($75.6m) to build manufacturing lines in Haryana state. A memoranda of understanding in this regards has been signed by the two ...
Tags: Coca-Cola Bottlers, Food Products
French yogurt maker Danone is improving the distribution of its products in India by combining its Indian dairy business with baby and medical nutrition units. The company has been working for over six months to organize its Indian ...
Tags: healthy products, dairy goods, yogurt
Con-way’s global logistics subsidiary Menlo Logistics has opened a new after-sales spare parts facility in Dharuhera, India, expanding its automotive logistics operations in the country. The 3,846m2 facility is situated close to car ...
Tags: logistics operations, customers, Auto Parts
Axalta Coating Systems has partnered with Akshaya Patra’s food program to support children’s education in the community surrounding Axalta’s Savli manufacturing plant in the state of Gujarat in India. The funding is part ...
Visteon Corporation has completed the sale of its interiors operations in India to Reydel Automotive Holdings B.V. The transaction is part of the previously announced divestiture of the majority of Visteon's interiors business to Reydel. ...
Italian lamination machines supplier Nordmeccanica has signed a preferred vendor agreement with Amcor Flexibles Asia Pacific (AFAP). According to the agreement that will be applicable for a period of 24 months, AFAP will buy machinery for ...
Tags: lamination machines, Agriculture
Charles Ross & Son Company’s Vice President of Corporate Operations Joe Martorana has announced that the mixer manufacturer’s India operations is undergoing another major expansion. In March 2015, Ross Process Equipment (RPE) ...
Tags: Ross Process Equipment, MIDC industrial area, Construction
Amcor's statutory profit for the year ended 30 June 2014 from continuing operations was $737.00 million, a surge in profit of 24.6% over the previous year's result - $589.20 million. Earnings per share (EPS) was boosted by 24.7% to 61.1 ...
US-based rigid packaging company TricorBraun has commenced Indian operations with an aim to cater to the growing need for rigid packaging products in the second largest Asian market. The company has opened TricorBraun-India in Mumbai, ...
Global truck makers are targeting India's commercial vehicle segment with Fiat Group's Iveco and American Paccar looking to enter the country to tap the potential of the world's third-largest truck and bus market. Paccar, headquartered in ...
Tags: Iveco, American Paccar Eyeing, India Commercial Vehicle Market
The Foreign Investment Promotion Board (FIPB) of India approved Swedish clothing retailer Hennes & Mauritz (H&M)’s proposal to open 50 stores in India. The proposal to set up 50 single-brand stores at an investment of Rs 7.2 ...
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—fabrics, leather, technical textiles and composite materials—is pleased to announce the appointment of B T Nagesh as ...
Tags: Lectra, soft materials
Welspun India Ltd., (WIL), part of the $ 3.5 billion Welspun Group announced Q2 FY14 results, showing strong growth in revenue and operating profit in comparison to the corresponding period last year. Consolidated Financial Highlights ...
Tags: Welspun India, Textile