German industry giant bets big on India as manufacturing costs push European firms eastward
Arti Bali New Delhi, Jan 9 (UNI) In a significant vote of confidence for India’s manufacturing ambitions, Germany’s 75-year-old Remmers Group has partnered with Indian coatings leader Teknovace in a Rs 300-crore joint venture, positioning India as a “global export hub for high-performance coatings” serving markets across Europe, Africa, and Southeast Asia. The deal marks…
