Viega, a German multinational operating in India, has joined hands with ‘Team Swachh Bharat’ – an initiative co-developed by WASH United and UNICEF in support of Government of India’s Swachh Bharat Abhiyan.

Viega, which claims to be among the world leaders in installation technology for sanitary and heating, will provide its kits to 3,500 schools across India. These play-based kits will enable nearly 7,00,000 children to improve the practice of sanitation and hygiene through games and activities.

Anna Viegener, member of the management board and shareholder of Viega, said: “We are sure that the WASH (Water, Sanitation and Hygiene) in school component under ‘Team Swachh Bharat’ will bring positive change to the lives of many Indian children, and with its educative approach improve the standards of hygiene in the country in a sustainable manner.”

India Investment Journal’ has in-depth coverage on related topics.

The Amsterdam Internet Exchange (AMS-IX) has partnered with ICT service provider Sify to launch AMS-IX India in Mumbai.

The opening of the carrier neutral internet exchange aims to take advantage of the accelerated internet growth in the Indian market.

Mumbai was chosen by the AMS-IX due to the high penetration rate for internet usage in the metropolitan area and its ease to reach to other parts of the country, according to reports.

Internet World Stats says that, as of June 2016, India was the second country in the world (behind China) with the highest number of internet users at more than 462 million.

However, in terms of penetration, the country is behind as only 36.5 per cent of the 1,266,883,598 population accesses the internet.

The new IX plans to build on this and help accelerate growth even more by allowing content providers and eyeball networks to exchange their internet traffic.

India Investment Journal’ has in-depth coverage on related topics.

The new ELCINA Electronics Manufacturing Cluster (EMC), spread over 100 acres in Bhiwadi, Rajasthan, has been inaugurated recently and is to be completed in two phases.

It is expected to attract electronic component makers with major investment plans.

"The space in the cluster has been allocated to 19 domestic electronic components makers as of now. Together they are planning to invest over Rs 1,000 crore [$150mn] in phase 1 which is expected to be completed by October this year," ELCINA Secretary General Rajoo Goel said.

The companies investing in EMC are involved in sectors such as consumer appliances, PCB Assembly, contract manufacturing, mobile phone accessories, solar lanterns, plastic molding, LED Lighting Products and TVs.

Units that will be set-up in this cluster will get various incentives including capital subsidy up to 25 per cent of capital expenditure of the project besides refund of indirect taxes paid on capital equipment.

India Investment Journal’ has in-depth coverage on related topics.

The European Space Agency (ESA) is considering further collaborations with the Indian Space Research Organisation (ISRO) on joint missions.
ESA senior scientific adviser Mark McCaughrean was in India recently and praised ISRO’s recent launch of 104 satellites.

He said he has had an informal discussion with former ISRO chair U.R. Rao in Bengaluru and current ISRO chairman A.S. Kiran Kumar at a meeting in Delhi.

The European agency has collaborated with ISRO on the Chandrayaan-1 mission to the moon in the past.

The ESA is planning 15 space missions, which will include Bepe Colombo to Mercury in 2018 and JUICE (Jupiter Icy Moons Explorer) to Jupiter in 2022.

India Investment Journal’ has in-depth coverage on related topics.

India has offers Nepal $340-million in soft loans to Nepal towards infrastructure projects in the neighbouring country.

Indian Railways Minister Suresh Prabhu, who was in Kathmandu for the Nepal Infrastructure Summit 2017, signed a letter of exchange with Nepalese minister for Physical Infrastructure and Planning Ramesh Lekhak.

As part of the agreement, India has committed to a bridge project and 15 road projects.

Prabhu said that India wants Nepal to have world class infrastructure and the completion of such projects will not only strengthen physical connectivity but also emotional bonding between the people of both the countries.

'India Global Business’ has in-depth coverage on related topics.

British beverage giant Diageo has opened a new business service centre in Bengaluru.

Diageo Enterprise Operations was inaugurated by Karnataka Chief Minister Siddaramaiah and will be offering new services in the area of IT and data analytics as well as establishing a robotics centre of excellence.

Diageo Chief Executive Ivan Menezes said: “The Diageo facility that we are inaugurating today is one of the five shared business centres we have globally. Over the next three years, it’s likely to become Diageo's biggest business centre, supporting customers, suppliers and employees... providing services to 70 global markets for Diageo.”

The company claims that the in-house centre offers world-class business services and an open, exciting and dynamic culture.

Diageo’s subsidiary in India, United Spirits, is the country’s largest liquor company. In 2014, Diageo became the largest shareholder in United Spirits, with a total stake of 54.8 per cent.

India Investment Journal’ has in-depth coverage on related topics.

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