Thursday, November 21, 2019

China's Yingde Gases to set up Indian subsidiary NovaAir

Backed by Asia's largest alternative investment fund PAG, Yingde plans to invest more than $1 billion in India over the next five years to pursue organic and inorganic opportunities, a senior official said. It will invest $3 billion in India and China during that period. In the shorter term, Yingde will invest another $100 million in India, officials said.

from Energy-Industry-Economic Times https://ift.tt/2rcgBIc

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