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Indian Car Export to the US Success Story You’ll Never Believe

The sale of Indian-made cars has reached new heights in the United States as the automotive market experiences a steady escalating growth. In FY18, US happened to be the third-largest export market for Indian cars. (i) However, as per recent figures, for the first quarter of FY19, the United States has raced ahead to become … Continue reading Indian Car Export to the US Success Story You’ll Never Believe

Tecnova advises Bibus AG on buyout of JV Partner’s equity in Indian Joint Venture Company

Tecnova India Pvt. Ltd. advised Bibus AG (Bibus) on buying out its Indian partner’s 50% equity in Bibus Horizon Mechatronics & Automations Pvt. Ltd. The JV, incorporated in 2012, was set up in Bangalore as a trade and assembly unit to cater to Indian customers. Bibus will be now operating in India as a 100% … Continue reading Tecnova advises Bibus AG on buyout of JV Partner’s equity in Indian Joint Venture Company

Tecnova advises Fras-Le S.A. on strategic partnership with ASK Automotive Pvt. Ltd.

Tecnova India Pvt. Ltd. advised Fras-Le S.A. (Fras-Le) on a Strategic Partnership with ASK Automotive Pvt. Ltd. The principal purpose of the Joint Venture will be to manufacture Brake Pads and Brake Linings for the Commercial Vehicle Segment in India, Bangladesh, Sri Lanka and Nepal and also for exports to other countries through Fras-Le’s global … Continue reading Tecnova advises Fras-Le S.A. on strategic partnership with ASK Automotive Pvt. Ltd.

Tecnova India Pvt. Ltd. advises Intertape Polymer Group on strategic partnership with Capstone Polyweave

Tecnova India Pvt. Ltd. advised Intertape Polymer Group Inc. (IPG) on a Strategic Partnership with Capstone Polyweave Private Limited (Capstone). The principal purpose of the partnership will be to provide IPG with a globally-competitive supply of woven products. IPG will be partnering with the current shareholders of Capstone, who are also the shareholders of Airtrax. … Continue reading Tecnova India Pvt. Ltd. advises Intertape Polymer Group on strategic partnership with Capstone Polyweave

Investments from China into India grow Six fold

Low investment restrictions and favorable tax and land rent policies has prompted many Chinese businesses to head over to India in search of profits, growth and opportunities. This has led to growth in Chinese investments in India by over six-fold in 2015 to USD 870 mn. Add to this the saturation of Chinese economy, which … Continue reading Investments from China into India grow Six fold

India’s bullet train vision

Railway Minister Sadananda Gowda, while presenting the railway budget last year, had opined that every Indian has a dream that the bullet train would be launched in the country at the earliest. Stating that the Indian Railways is on the right path to fulfill that dream, he proposed India’s first bullet train to run from … Continue reading India’s bullet train vision

India-UK bilateral trade opens investment galore

Prime Minister Narendra Modi in his recent visit to the UK agreed with his counterpart David Cameron for continuing to work together for creating sustainable, strong, as well as balanced growth, by further improving investments and bilateral trade. India over the period of time has been able to invest more in Britain in comparison to … Continue reading India-UK bilateral trade opens investment galore

Making Indian roads safer – The changes in the Automotive Safety sector

The automotive sector is looking to generate nearly USD 300 billion in terms of annual revenue by the year 2026, increasing its share to more than 12 per cent to the gross domestic product (GDP) of the country. Together with this, it would be able to create over 65 million jobs, as per the Automotive … Continue reading Making Indian roads safer – The changes in the Automotive Safety sector

Recent Government initiatives in Indian Railways: A snapshot

Under a single management, Indian railway network has been recognised as one of the largest systems in the world. The Indian Government is now focused towards making the network an investment-friendly sector through policy reforms. Recently, it has enabled foreign direct investment (FDI) in the sector for improving infrastructure for high-speed trains and freight trains. … Continue reading Recent Government initiatives in Indian Railways: A snapshot