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.
Sectors covered include Machine Tools, Textile Machinery, Construction and Mining Machinery, and Process Plant Machinery.
Agreement signed between Robert Bosch GmbH and ZF Friedrichshafen AG.
Also setting up an industrial park at the same location.