EuroGroup laminations expands into India, forms JV in China
EuroGroup Laminations is expanding its global presence by acquiring a 40% stake in India's Kumar Precision Stampings and forming a joint venture with Hixih Rubber Industry Group in China.
Market Expansion
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UltraTech board approves $472 million deal to gain control of India cements
UltraTech Cement, India's leading cement producer , has approved a $472 million deal to acquire a 32.72% stake in India Cements, enhancing its presence in southern India. This strategic move follows a prior 23% stake purchase and aims to capitalize on the anticipated infrastructure boom under PM Narendra Modi's government.