Modi Rubber, which holds 21.24 per cent in float glass and mirror-maker Gujarat Guardian, said this on August 17, a day before the expiry of the two-week deadline set by the FIPB for the company to give its view on Guardian’s plans to set up a wholly owned subsidiary in the country. Guardian intends to invest $66 million in equity in an expansion plan that will involve an overall investment of $200 million in two phases. Read the entire news on the source link below.Modi Rubber has told the government that it will not grant a no-objection certificate to US glass-maker Guardian Industries for setting up a separate wholly owned glass venture in the country.
Modi Rubber, which holds 21.24 per cent in float glass and mirror-maker Gujarat Guardian, said this on August 17, a day before the expiry of the two-week deadline set by the FIPB for the company to give its view on Guardian’s plans to set up a wholly owned subsidiary in the country.
Guardian intends to invest $66 million in equity in an expansion plan that will involve an overall investment of $200 million in two phases.
Read the entire news on the source link below.
Modi Rubber queers pitch for Guardian
Modi Rubber has told the government that it will not grant a no-objection certificate to US glass-maker Guardian Industries for setting up a separate wholly owned glass venture in the country.