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- Feb 2019
- Jan 2019
Important strategic investment for Italcementi in India.
Raises forecast for growth of Indian GDP for FY2015 to 6.3% from 6.0% anticipated in April.
Initiative aims to boost India’s manufacturing sector.
Will develop a range of materials to meet manufacturers’ and consumers’ future demands.
Purchase price of 50 percent stake to total €3 billion in addition to a distribution of €250 million.
NR Narayana Murthy, Azim H Premji, Dr Devi Shetty are some of the eminent past recipients.
The new policy is likely to focus on capacity addition.
Plant to be integrated with existing chemical and refining operations; completion expected in 2016.
To develop two industrial parks; one each in Maharashtra and Tamil Nadu.
Accepts German Chancellor's invitation; PM Modi likely to attend.