The world's leading producer of naturally brewed soy sauce, Kikkoman Corporation, today announced the official launch of Kikkoman India Private Limited, a wholly-owned subsidiary that will expand its operations in India.
Asia’s two largest democracies are sowing the seeds of a new alliance that is necessary to ensure the freedom of navigation, peace and prosperity in the Indo Pacific region.
The Japanese brewer will acquire a stake of under 10% in B9, the maker of India's popular craft beverage.
The 5G cooperation is timely, coming on the back of a rising global discontent against China, as a survey has revealed that negative perception of China is at its highest ever.
In an initiative to attract companies leaving China and to provide the world with an alternative to over-dependence on one country, New Delhi, Tokyo and Canberra are considering a deal that could change the paradigm of global trade for decades to come.
While the takeaways from the summit between the two countries next month will be watched closely in the region New Delhi has introduced a third actor into the proceedings that govern Indo-Pacific events – Russia.
Under the order, the Japanese-European entity will deliver its transformers to Chittaranjan Locomotive Works, for the production of 400 passenger and freight locomotive engines.
Tsuzuki will reportedly start manufacturing operations in the new unit in Jhajjar by 2021.
Aviom intends to use the funds to set-up additional branches and expand its loan portfolio.