HCL Technologies is going to invest Rs 750 crore to set up two facilities in Andhra Pradesh (AP). This investment will help create 7,500 jobs in 10 years. In the first phase, the company will invest Rs 400 crore to build a R&D centre in Kesarapalli village in Gannavaram, while the second phase will be … Read more
19/8/2018 – Vietnamese asset management firm VinaCapital is investing US$10 million in Ricons Construction Investment JSC, a subsidiary of the country’s leading developer Cotec Construction Joint Stock Company (CotecCons). Fundings for the investment was made through its London Stock Exchange-listed Vietnam Opportunity Fund (VOF) and VinaCapital said, “this investment is consistent with our strategy of … Read more
8/1/2018 – Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – … Read more
5/2/2018 – Lotte Accelerator, a startup booster from South Korea is looking to expand and diversify its investment capital in the Vietnam ecosystem this year. Jin Sung Rhee, the CEO of Lotte Accelerator said, “We have completed our commitment to invest US$1 million in Vietnam’s startup ecosystem through a partnership with VSV called Vietnam Silicon … Read more
20/2/2018 – Creador, a private equity firm with investments in the South and Southeast Asia region is looking to invest up to 20 percent of its upcoming fund in Vietnam over the next 3 years, in addition to opening its first office in the country by June this year. “We are impressed by the strong, … Read more
Uflex is planning to invest Rs 1700 crore in Uttar Pradesh (UP). The company has ambitious plans to substantially enhance manufacturing capacity for flexible packaging in the next few years. For seeing this through fruition from scratch to finish, the company endeavor to invest Rs 500 crore towards the project. As a Group, the company … Read more
Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur. This investment will create at least 2,500 jobs. Recently, the company has also won an order of supplying 150 electric sedans to the government-owned ESSL as part of the government push to an all-electric transportation system in the country by … Read more