Mexichem said its Dura-Line Corporation unit opened a new manufacturing plant in Hyderabad, India, that will produce cable ducts and pressure pipes for the water, gas and telecommunications industries.
Boeing and Tata Advanced Systems (TASL) today signed a framework agreement to collaborate in aerospace and defence manufacturing and potential integrated systems development opportunities.
At the close of 2014, Peru has generated over $ 321 million in shipments to India, over 80% of it for mining, within the traditional export.
Taiwan-based manufacturer Foxconn plans to build up to 12 new factories in India, employing nearly one million workers, by 2020, according to media reports.
Keeping its projections for India and China unchanged, the International Monetary Fund on Thursday forecast that India will grow a clip faster at 7.5 percent in 2015 and 2016, overtaking a slowing down China.