FEATURE REGION

India taps Central Asia for energy security

2018-08-14T12:51:49+00:00October 27th, 2017|2017/2018, FEATURE REGION, October 2017, Year|

Indian Prime Minister Narendra Modi has brought about a paradigm shift in India’s quest for oil, gas, uranium by forging close relations with the five ‘Stans’ – Uzbekistan, Kyrgyzstan, Kazakhstan, Tajikistan and Turkmenistan. The controversial and much delayed Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is finally getting a move on – a full 22 years after it was conceived. Following the groundbreaking ceremony last December, India will host the next meeting of the Steering Committee which has been formed for the $7.6-billion, [...]

India’s expansion drive finds newer markets

2018-05-28T13:01:10+00:00October 27th, 2017|2017/2018, FEATURE REGION, October 2017, Year|

From Turkey and Egypt to the Gulf, Indian companies continue to show an appetite for emerging markets. Mahindra acquires Turkish tractor firm Mumbai-based Mahindra and Mahindra Ltd has acquired Erkunt Traktor Sanayii AS, a Turkish tractor maker and its foundry business for Rs 800 crore ($123 million) through Mahindra Overseas Investment Co.(Mauritius) Ltd. The buyout will provide the company access to Turkish agricultural machinery market, the fourth largest globally, and help it enhance its product portfolio. Mahindra has already acquired [...]