Dear Chamber President ,
Here are some recent news re India , that your Member Firms may like to
know :
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FRANCE
* Dassault Aviation group about
to sign contract with Indian Government for supply of 126 Rafale fighters ,
valued at $ 20 billion
* Capgemini
CEO , Paul Hermelin , said in Mumbai :
" French companies have been investing 1 Billion Euros each
annually here during the past 3 years in a row and I do see this trend
continuing this year too. Total French investment in India , now stands at $ 19
Billion "
USA
* United Technologies Corporation ( UTC )
President , Building & Industrial Systems - South Asia Pacific , Patrick
Blethon , said in New Delhi :
" We are examining proposals
to set up a factory in India . We already produce in India , Carrier brand air
conditioners and OTIS elevators and export to neighboring countries "
* Walmart Investments :
> Jan 2014........... $ 200 Million
> June 2014..........$ 103 Million
* Amazon
> Will invest $ 2 Billion by end 2015
* General Electric
> Manufacturing / Transportation / Oil &
Gas.....$ 500 Million
> Rail Freight
Modernization..........................
$ 300 Million
* Bank of America / Merrill Lynch
Survey says,
" FIIs have already
invested $ 12 billion in India's Equity
Market so far , this year , and expected to cross $ 15 billion "
GERMANY
Germany is India's largest
trading partner in Europe. Between 2000 and 2012 , the total foreign direct
investment in India from Germany , was about $ 5.2 Billion.
There are at least 1,600 German
companies active in India across sectors
* Hubert Lienhard , chairman ,
Asia Pacific Committee of German
Business ( APA ) , says ,
" Germany will invest in
supplies and sub-supplies for the government's smart city project. The
investment could be in the form of renewable energy supplies , water management
among others for the smart city projects "
* Juergen Fitschen , Co-CEO ,
Deutsche Bank and President , Association of German Banks , said ( referring to
India's Bullet Train projects ) ,
" We can offer support in
anything that moves , be it air or rail."
Referring to India government's decision on FDI in Insurance Sector , he
said,
" Demographics in Europe
make it difficult for the business such as insurance to grow. But in this field
, India has got a lot of attraction to offer.
About 49 % is good to begin with but we are expecting more "
*
Ulrich Grillo, President, Federation of German Industries (BDI ), said,
" FDI in insurance and
defense are also areas German companies are bullish about , but would like to
see technology transfer associated with it "
* German car-maker Audi starts
production of its A3 model in India
CANADA
* Canadian energy and utilities
firm ATCO , placed an order worth $ 1.2 Billion on Indian software giant WIPRO
, to manage information technology outsourcing
* Canadian manufacturer , Datawind
, decided to invest $ 30 million to expand its Amritsar-based factory in India,
to turn out 5 million 3G/WiFi enabled UbiSlate 7c tablets every year . Currently , Datawind
holds 15 % of Indian tablet market share and plans to bring down the current
selling price from $ 50 to $ 25 , by mid 2015
JAPAN
* Mitsubishi is planning Mega
Investments in ,
> Light Commercial Vehicles
> Import of LNG into India from British
Columbia
> Freight Rail Corridors ( Delhi-Mumbai /
Chennai-Bangalore )
* Uniqlo ( Garment Retailer )
> A chain of 1,000 retail outlets in 5 years
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If your Member Firms wish to target India for expansion ( supplying /
manufacturing / outsourcing ) , they need to know
* Which Indian companies to approach
* How to approach
At ,
www.B2BmessageBlaster.com [ B2B ],
they will find a database of 2,27,000 + Indian Companies , to whom they
can send their messages, in a matter of minutes !
B2B is happy to be theirs , Gateway to India !
with regards ,
Mumbai , India
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