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Investments In India
Advanced materials company Nexon Geochem on Wednesday said that a rare-earth permanent magnet facility will be set up in Andhra Pradesh with an investment of Rs 1,250 crore. The development comes at a time when India is seeking to build a domestic ecosystem for critical minerals and reduce its dependence on imported rare-earth permanent magnets. The facility to be set up in partnership with the Andhra Pradesh Economic Development Board will produce sintered neodymium-iron-boron (NdFeB) permanent magnets, which are critical components for electric vehicles, wind turbines, industrial automation and defence applications, the company said in a statement. As the driving force and primary investor behind this project, Nexon Geochem is committing a total investment of Rs 1,250 crore across two strategic phases--Rs 750 crore dedicated to the first phase and Rs 500 crore allocated for the second phase. "Nexon Geochem...today announced the signing of a landmark Memorandum of Understanding (M
Commerce and Industry Minister Piyush Goyal has held a series of meetings with top US firms in New York and invited them to explore investment opportunities in India, an official statement said on Wednesday. He met President and COO of Blackstone Jonathan Gray, and Chairman of Blackstone's International Private Equity business Prakash Melwani. In the meeting, the discussions focused on expanding Blackstone's investments and partnerships in India across key sectors, the commerce and industry ministry said. Other businesses with which Goyal held bilateral meetings include Chairman and CEO of Neuberger Berman George Walker; and President and CEO of The Estee Lauder Companies Stephane de La Faverie. "They discussed growth opportunities in India, including through increased manufacturing and sourcing, and India's growing beauty and personal care market," it said. In his meeting with Chairman and CEO of IBM Arvind Krishna, discussions focused on further strengthening IBM's engagement in
Fitch Group company BMI on Tuesday said that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and US on GDP. Despite the favourable readings of policy uncertainty so far in 2026, BMI kept the FY2026/27 growth outlook unchanged, projecting a 7 per cent GDP expansion. It, however, flagged risks to the outlook but said it is currently assessing the geopolitical situation to quantify its impact on India's GDP. "From March onwards, we expect uncertainty to increase sharply due to the ongoing conflict in the Middle East. We believe this will discourage investment in India, offsetting the (EU and US) trade deals' positive effects on GDP," BMI said in its India outlook report. The US and Israel jointly launched military strikes on Iran on February 28. Iran responded by firing drones and missiles at Israel and US military installations around the Gulf, and also at the global business hub of Dubai. BMI sa
Maharashtra Chief Minister Devendra Fadnavis has held wide-ranging talks with US Ambassador to India Sergio Gor on strengthening cooperation between the state and America, with a focus on boosting investments and expanding business ties. The discussions, held at the chief minister's official residence in Mumbai on Saturday, were also attended by Consul General Michael Schreuder, Fadnavis said in a post on X. The two sides explored opportunities to enhance US investments in Maharashtra and support state-based companies looking to expand their presence in the US, he said. The CM said he also briefed the US delegation on the state's flagship and strategic initiatives, including the Navi Mumbai International Education City. "Both sides agreed to work more closely to deepen US-Maharashtra partnership," he added.
Andhra Pradesh has emerged as India's top investment destination, capturing 25.3 per cent of all proposed investments in the first nine months of current fiscal (FY26), according to a Bank of Baroda report. The state now leads peers such as Odisha (13.1 per cent) and Maharashtra (12.8 per cent), signalling a shift in industrial momentum toward the eastern and southern corridors. The report notes that over half (51.2 per cent) of India's total proposed capital investment is concentrated in Andhra Pradesh, Odisha, and Maharashtra. Nationwide, investment announcements reached Rs 26.6 lakh crore in the period, up 11.5 per cent year-on-year. "There are clear signs of a pick-up in investment intentions in the country this year," the report said, adding this was on the back of a very positive policy package of the government which has focussed on capex, lowering of income tax rates and GST 2.0. This, it said, has countered to an extent the impact of the higher tariffs imposed by the USA o
Tamil Nadu has signed a total of 270 MoUs with several corporates committing investments to the tune of Rs 2.07 lakh crore in 2025, Minister for Industries TRB Rajaa said. The Memoranda of Understanding (MoUs) signed were expected to generate over 4 lakh job opportunities in the State, he added. Detailing about the significant achievements made in 2025, Rajaa said, "It (2025) was another fantastic year of the Dravidian Model in focused execution. Over 270 MoUs worth a total of Rs 2.07 lakh crore of committed investments were signed in 2025 alone and these MoUs have opened up over 4 lakh new job opportunities." The growth was distributed across Tamil Nadu as investment conclaves were held beyond Chennai and the regional spread of investments improved in 2025, he said, in a social media post late on January 1. Many new TIDEL Neo parks (mini IT Parks) took Information Technology closer to the homes of aspiring youths, while the first-ever State Industries Promotion Corporation of Tami