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    Indian companies firm on UK & Europe

    2018-08-01T13:09:44+00:00August 18th, 2017|2017/2018, August 2017, UK/EU, Year|

    From steel, energy and healthcare to food packaging, Indian firms make a mark across the UK and Europe. Tata Steel completes sale of UK mills The UK’s Liberty House Grouphas completed the purchase of two pipe mills from Tata Steel UK in north-east England. Liberty, which is part of the GFG Alliance, had signed a provisional agreement to acquire the units at Hartlepool last month and appointed top steel pipe specialist, James Annal, to head the new pipe and tube [...]

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      The US market remains Indian priority

      2018-08-01T13:09:53+00:00August 18th, 2017|2017/2018, August 2017, The Americas, Year|

      Acquisitions and plans for greenfield operations make up India’s recent impact in the US. TVS Group firm plans overseas plant The TVS Group’s flagship firm Sundaram-Clayton Ltd (SCL), a leading Indian manufacturer and supplier of aluminium cast products to global automotive OEMs, has unveiled plans for a new overseas plant. The company is to also invest $61.5 million (Rs 400 crore) over three years to expand its facilities in India. This will increase its capacity from 60,000 MT to 70,000 [...]

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        An export hub in the making

        2018-08-01T13:12:08+00:00August 18th, 2017|2017/2018, August 2017, Guest Columns, Year|

        The idea of India as an export hub has shown some promise in the last few months. Engineering exports to Israel on a high India's engineering exports to Israel have gone up by about 640 per cent, that is more than seven times in April 2017 on an annualised basis, official data by EEPC has revealed. The sharp jump in exports comes just ahead of Prime Minister Narendra Modi’s impending visit to Israel in July. EEPC is the trade and [...]

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          Growth markets in Indian sight

          2018-08-01T13:12:17+00:00August 18th, 2017|2017/2018, August 2017, Middle East, Year|

          From textiles to solar energy, Indian firms continue their impact on emerging markets. Raymond sets up in Ethiopia Silver Spark Apparel Ethiopia, a wholly owned subsidiary of Indian textile group Raymond, has started the first phase of production at its greenfield garment facility in Ethiopia. Set up at Hawassa Industrial Park with an investment of around $30 million (Rs 140 crore), the plant can produce 600 suits per day for different brands and will employ 2,500 people. The production will [...]

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            An Indian in Lagos

            2020-03-12T08:27:20+00:00August 18th, 2017|2017/2018, August 2017, Other Highlights, Year|

            Nigeria’s largest and fastest-growing cities is home to many Global Indians. Besides its reputation as a major financial centre and being known as the commercial capital of Nigeria, Lagos also has the distinction of being a historic and lively city. Top 5 Business Hotels in Lagos Federal Palace Hotel www.suninternational.com/federal-palace Address: 6 – 8 Ahmadu Bello Way; Victoria Island; Lagos; Nigeria Email: reservations@ng.suninternational.com Telephone: +234 1 277 9000 Lagos Oriental Hotel www.lagosoriental.com Address: 3, Lekki Road, Victoria Island Lagos Email: [...]

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              Middle East a key beachhead for Indian companies

              2020-03-18T07:43:53+00:00August 18th, 2017|2017/2018, August 2017, Middle East, Year|

              Established Indian business houses as well as start-ups are investing billions in the Middle East, especially Dubai and Abu Dhabi, to leverage the global access and ease of doing business the region offers. There are only two certainties in life, death and taxes, goes an old saying. The bonus of living, working and doing business in most Middle Eastern countries is that taxes are either non-existent or very nominal. That is one reason why an increasingly large number of Indian [...]

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                The UAE can help broaden Indian FinTech horizon

                2018-05-30T13:29:20+00:00August 17th, 2017|2017/2018, August 2017, December 2017, India & The World, Middle East, Year|

                An Indian banker set to expand his start-up base to the UAE elaborates on the reasons behind this move. Rubique is a FinTech company based in Mumbai. We offer a lending marketplace platform which provides individuals and small and medium enterprises (SMEs) in the country with frictionless access to a wide range financial services products including loans, credit cards and insurance products. At Rubique, we aim to solve a number of problems in the marketplace for financial products in India, [...]

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                  Nigeria, the next frontier

                  2018-10-30T12:28:28+00:00August 17th, 2017|2017/2018, August 2017, Other Highlights, Year|

                  Indian companies have marked out a significant presence in the large and prosperous Nigerian market. This presence will grow further as India’s public sector oil majors are expected to invest up to $15 billion in Nigeria’s oil and gas sector. A vast majority of Indians are not aware that Nigeria is an economic powerhouse whose citizens, on average, earn $2,123 per year, 20 per cent more than India’s per capita income of $1,850. But Indian businesses have known about that [...]

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                    Outbound tourists are the biggest Indian job creators abroad

                    2018-08-01T13:16:15+00:00August 17th, 2017|2017/2018, August 2017, Sector Focus/Hospitality, Year|

                    Indians spend an estimated $20 billion on their travels around the world, boosting local economies and creating jobs. A WTO study says this figure will rise to $60 billion by 2020, or about the same as the total FDI inflow into India last year. Let us start with two simple quiz questions: Which Indian group has spent the largest sum of money in the US since the turn of the millennium? And ditto for Europe? Okay, here’s are a few [...]

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                      A touch of Indian chic hospitality for the world

                      2018-08-01T13:16:26+00:00August 17th, 2017|2017/2018, August 2017, Sector Focus/Hospitality, Year|

                      India’s Bird Group, which operates the Roseate Hotels and Resorts luxury chain, has ambitions to expand across Europe and the Middle East after its most recent acquisition of a boutique hotel in the UK. Ankur Bhatia, executive director of the group and director, Bird Hospitality Services, tells ‘India Global Business’ about his vision for the industry and what sets his chain apart in the world of hospitality. How does your latest acquisition in the UK fit in with your global vision? [...]

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