Page 62 - B2B Connect
India's exports to ASEAN stagnate, while imports up 33%: Assocham
While exports have remained at $ 25 billion since start of FTA with ASEAN, imports have rose by over 33% to $ 40 billion. This raises question mark on FTA.
 "India's exports to ASEAN stagnate, while imports up 33%: Assocham")
India-Egypt set trade target of $ 8 billion
As a $ 286 billion economy with around 89 million consumers (the second largest in Africa), Egypt offer huge potential for Indian companies
Berger Paints to set up mixing plant in Gujarat
The new plant, which will be built near its subsidiary Beepee Coatings at Vallabh Vidhyanagar, will have capacity of 2,400 kilo litre (KL) per annum
 "Berger Paints to set up mixing plant in Gujarat")
Cadila Healthcare receives US FDA's EIR report for facility in Ahmedabad SEZ
The company has received an establishment inspection report (EIR) from the US drug regulator for its oral solid dosage drug manufacturing plant
 "Cadila Healthcare receives US FDA's EIR report for facility in Ahmedabad SEZ")
PCPIR policy needs fine tuning: Ananth Kumar
The government will set up the first Central Institute of Chemical Engineering & Technology in Mumbai
 "PCPIR policy needs fine tuning: Ananth Kumar")
L&T Construction bags orders worth Rs 1458 crores
The orders include an international contract for power grid project from Saudi Arabia and a contract to construct a new paint manufacturing facility in Karnataka
 "L&T Construction bags orders worth Rs 1458 crores")
Lupin gets US FDA nod for antibacterial drug azithromycin suspension
The approved product - azithromycin for oral suspension, 300 mg (100 mg/5 mL) and 1200 mg (200 mg/5 mL) - is the generic version of Pfizer Inc's Zithromax oral suspension
 "Lupin gets US FDA nod for antibacterial drug azithromycin suspension")
Jacobs acquires Bayer's sulfuric acid converter technology
Bayqik technology offers flexible option for processing high strength SO2 gas, a growing requirement for customers in the non-ferrous metallurgical acid plant market
 "Jacobs acquires Bayer's sulfuric acid converter technology")
IGM Resin buys BASF's global photoinitiator business
With this, BASF to focus on resin and additive technologies for radiation-curing market
 "IGM Resin buys BASF's global photoinitiator business")
ABB doubles solar inverter manufacturing capacity in India
The new factory in Bangalore will meet the growing demand for solar inverters, the heart of any solar installation, from the solar photovoltaic (PV) industry
 "ABB doubles solar inverter manufacturing capacity in India")
Standards and certifications are must for India's industrial growth story
To accelerate towards the twin goals of product safety and quality, industries in India must proactively participate to create a robust system of standards and regulations, says Suresh Sugavanam
 "Standards and certifications are must for India's industrial growth story")
Bioelectronics open up another leg of medical therapy: Dr Mosongo Moukwa
The success of bioelectronic medicine will require the confluence of deep disease biology expertise and new highly miniaturised technologies
 "Bioelectronics open up another leg of medical therapy: Dr Mosongo Moukwa")
Ducon inks pact with Chinese firm for supply of emission controlling catalyst
The company will market Zhejiang Hailiang Ecological's DeNOx catalyst, which is used to reduce nitrogen oxides emission from thermal power plants, in India
 "Ducon inks pact with Chinese firm for supply of emission controlling catalyst")
Lockheed Martin & Raytheon rope in Tata Power to co-produce Javelin missile system
As per the deal, Javelin Joint Venture and Tata Power SED will create a strategy to co-develop and produce the Javelin missile system and integrate platform mounts to meet Indian requirements
 "Lockheed Martin & Raytheon rope in Tata Power to co-produce Javelin missile system")
Germany's Tristone Flowtech to set up manufacturing facility in Pune
The company supplies flow technology systems for motor and battery cooling applications in automotive industry
 "Germany's Tristone Flowtech to set up manufacturing facility in Pune")
Dow launches all-PE laminate for flexible packaging industry in India
Launched in partnership with packaging machinery manufacturer Bosch, the new technology will enable more effective recycling and reuse of flexible packaging material
 "Dow launches all-PE laminate for flexible packaging industry in India")
GE and TCS collaborate to reduce gas turbine manufacturing cost
TCS has developed a digital solution to connect intelligent LEDs to GE's Predix operating system, providing critical analytics to save significant time and manufacturing costs
 "GE and TCS collaborate to reduce gas turbine manufacturing cost")
Uflex partners with Dutch firm Perfotec to extend shelf life of papaya
Using Flexfresh liner bags, growers can attain a shelf life of 30 days for papaya, thus cutting down on transportation cost and reducing the wastage
 "Uflex partners with Dutch firm Perfotec to extend shelf life of papaya")
US auto component firm Cooper Standard opens facility in Pune
With this, the company has relocated its headquarters from Sahibabad (Uttar Pradesh) to Pune facility, which will also house a technical centre
 "US auto component firm Cooper Standard opens facility in Pune")
Pfizer buys AstraZeneca's small molecule antibiotics business for $ 725 mn
With this agreement, AstraZeneca reinforces its focus on developing novel medicines in three main therapy areas - respiratory & autoimmunity, cardiovascular & metabolic diseases, and oncology
 "Pfizer buys AstraZeneca's small molecule antibiotics business for $ 725 mn")
