Suzuki Motor Corporation (SMC) signed MOU with the State of Gujarat, India to invest approximately 150 billion yen (approximately 104.4 billion rupees) for local manufacturing of electric vehicles (BEV) and BEV batteries. The MOU was signed on 19 March 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japanese Prime…
Tata Power, an electric-vehicle charging infrastructure provider, announced it has collaborated with Enviro – the facility management wing of the NCR-based real estate developer Vatika Group to install 59 EV charging points at its properties across Gurugram, Haryana. The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram.…
Reliance Industries Limited (RIL) signed MoU with the Government of Gujarat for a total investment of Rs 5.955 lakh crore as part of Investment Promotion Activity for Vibrant Gujarat Summit 2022. These projects will create 10 lakh direct / indirect employment opportunities in the State, the company said in its exchange filing. To make Gujarat…
POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly Integrated Steel Mill at Mundra, Gujarat, as well as other businesses. The investment is estimated to be up to USD 5 Billion. The non-binding MoU signed between POSCO and Adani intends to further collaborate at the…
Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and The Mahindra Group, announced a non-binding MoU for exploring creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels. The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and…
Tata Power and Indian Institute of Technology Madras (IITM) will collaborate in areas of research and development (R&D), consultancy, policy advocacy, advisory, training and commercialisation of technologies and solutions, amongst others. They have signed a Memorandum of Understanding (MoU) to facilitate this collaboration, the statement said. As a part of the MoU, Tata Power and…
GHCL Limited, a chemical & textile company, signs a MoU (Memorandum of Understanding) with the Government of Tamil Nadu for investing Rs 500 crores in the state. The MoU was signed by M. Sivabalasubramanian, CEO (Yarn Division) GHCL and Pooja Kulkarni IAS, MD & CEO, Guidance, Industries Department, Government of Tamil Nadu in the presence…
Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. A statement informed, “This is towards setting up warehousing…
SuperQ Technologies India Pvt Ltd., a subsidiary of Qpi Technology, has signed a Memorandum of Understanding (MoU) with the Cryogenic Engineering Department of IIT-Kharagpur to accelerate their research in the field of Superconductors. Founder and CEO, Dr. Nagendra Nagaraja said, “At SuperQ, we believe there is an immense potential and applications of high temperature superconductors…
Optiemus Electronics Limited (OEL), a homegrown company engaged in manufacturing of next-generation electronic products, announced it has signed an MoU on a Strategic Partnership to form a unique alliance to strengthen the ties with the USD$30Bn Taiwan Headquartered Wistron Corporation’s Indian subsidiary Wistron Infocomm Manufacturing (India) to manufacture mobile devices, IT hardware and Automotive- EV…
GreenSat Innovation Labs Pvt. Ltd., a leading agritech company, signed an MoU with Gramin Vikas Trust (GVT), a rural welfare organization, and IndiaHub e-Governance Pvt. Ltd., an innovation-driven start-up, as a technology partner for their Smart FPO (Farmer Producer Organization) initiative.  Under the initiative, the GreenSat Innovation App will offer end-to-end support that extends from precision…
Shriram City Union Finance, a leading Non-Banking Financial Company signs a MOU with Bharath Institute of Higher Education and Research (BIHER), a regional multi-disciplinary University in Chennai for up-skilling the talent of its employees through the Continuous Learning Partnership Program (CLPP). Continuous Learning Partnership Program (CLPP) of Shriram City Union Finance has been exclusively designed for the…
The Bahrain Economic Development Board (EDB) has announced the signing of a memorandum of understanding (MoU) with Foundation Holdings, a healthcare and education investment firm with major investments in India and the Gulf including Mumbai-based Edutech firm Toppr, to invest Rs. 218 crore into launching its affiliate companies in Bahrain, including a new state-of-the-art medical…
Amazon India has entered into a Memorandum of Understanding (MoU) with the Directorate General Resettlement (DGR) to provide ex-service personnel with work opportunities across its growing operations network, in India. With this partnership, Amazon India will create opportunities for ex-service personnel who have served the country. This collaboration further expands Amazon India’s existing military veterans…
Atlantic, Gulf & Pacific Company (AG&P), the global downstream gas and LNG logistics company, and the Government of Tamil Nadu has signed a Memorandum of Understanding (MoU) for the development of City Gas Distribution (CGD) networks to supply natural gas across six districts of Tamil Nadu. The new CGD infrastructure is being developed under AG&P’s…