The MoU establishes a collaborative framework to promote cross-border trade and investment by combining ICIEC’s expertise in credit and political risk insurance solutions with BoH’s banking capabilities and client network.

Under the MoU, the two institutions will work together to identify and develop business opportunities, support trade finance transactions, and offer Shariah-compliant appropriate risk mitigation solutions to public and private sector entities meeting ICIEC’s eligibility criteria.

Commenting on the signing, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, said: “Our partnership with Bank of Huzhou reflects ICIEC’s commitment to building strong alliances with financial institutions that can help expand trade and investment in between China and our Member States. By bringing together BoH’s banking capabilities and ICIEC’s Shariah-compliant suite of risk mitigation solutions, we aim to support businesses in accessing new markets, mobilising finance, and pursuing opportunities with greater confidence.” He added: “This MoU provides a practical platform to advance cross-border cooperation, strengthen financial connectivity, and contribute to sustainable development across member markets.”

Through this non-exclusive partnership, ICIEC and BoH will focus on jointly marketing and sourcing opportunities, providing advisory support, and facilitating financing backed by ICIEC’s insurance solutions for BoH’s corporate clients. The MoU also provides scope to explore innovative initiatives including potential InsurTech-enabled platforms, to expand access to trade and investment opportunities, enhance service delivery, and strengthen economic linkages between China, other major markets and ICIEC Member States in support of sustainable development in line with ICIEC’s eligibility criteria.

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This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving combat scenario, equipping them with compact, robust, lightweight, ruggedized, mobile, all-weather, all-terrain Next-Gen Mounted Artillery gun platforms, with a distinct competitive edge. There are numerous opportunities globally, and the partnership is intended to support broader allied distribution, positioning the platform as a scalable, exportable artillery solution for partner nations seeking modern, mobile, and survivable 155mm fires capability.

Leveraging this strategic partnership, AM General has also offered a proposal to participate in the U.S Army Mobile Tactical Cannon (MTC) program. The proposal to the U.S. Government includes the development and delivery of a 155mm MTC solution based on the mature, combat-relevant architecture of KSSL’s Mounted Artillery Gun platform, with delivery planned in 2027 upon its down-selection.

The MArG system delivers class-leading strategic transportability and tactical mobility through the combination of a purpose-built powerpack and suspension, and a lighter gross vehicle weight rating. It’s a 52–caliber 155mm Cannon is combined with the patented Soft Recoil Technology (SRT) Recoil Mitigation system, an automated load-assist, and an advanced all-weather fire control suite providing indirect and direct fire capabilities. The system fires a standard high-explosive projectile over 40 Kilometers and carries over 20 projectiles and propellant charges on board. The MARG’s SRT system absorbs significantly more recoil force than traditional artillery systems, and this allows for a lighter vehicle, lighter turret, and less shock on the entire weapons system over its life.

Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, the parent company of KSSL, shared, “Our partnership with AM General is underscored by trust in our advanced artillery capabilities, and confidence in our commitment to delivering leading-edge and combat-proven solutions that meet modern warfare requirements.”

John Chadbourne, AM General President and CEO, said, “Working with KSSL signifies our mutual commitment to support our allies and, ultimately, the Warfighter. By integrating the patented soft recoil technology into their state-of-the-art and mature platforms, we will be delivering truly groundbreaking capabilities that can provide an advantage on the evolving battlefield.”

At KSSL, we take pride in building designed and made in India, globally benchmarked defence platforms, driven by the purpose of delivering technologically advanced, strategic defence capabilities for India and the world.

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This strategic partnership is designed to accelerate growth across the domains of AI Manufacturing, IT Developments, Advanced Technologies, and Global Trade Opportunities — reinforcing the shared commitment of both organisations to building future-ready, technology-driven enterprises that generate sustainable value for all stakeholders.

Commenting on the partnership, Dr. Ajay Kumar, Chairman & Managing Director of Fox Petroleum Group, stated: “Fox Petroleum Group has built its legacy on bold decisions and long-term vision. This partnership with Danube Industries Limited is a powerful statement of our intent to lead not just in energy, but across every sector where the future is being shaped. India is at an inflection point — and Fox Petroleum will be at the forefront of that transformation. We are not entering this space cautiously. We are entering it to win.”

The partnership reflects the Group’s broader strategy of diversifying its investment footprint across high-growth, technology-led sectors while leveraging its global network spanning Australia, India, Africa, the United Kingdom, Switzerland, the European Union, and the United States of America.

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As part of the collaboration, Marwadi University has been empanelled as a preferred institution for talent acquisition, enabling HDFC Bank to engage with a high-quality pool of MBA students for internships and recruitment. Students selected through the process will be offered a compensation package of ₹5.75 lakh per annum along with performance-linked incentives and other employee benefits.

Dr Sanjeet Singh, Pro Vice Chancellor, Marwadi University, shared, “The partnership comes at a time when India’s banking sector is witnessing rapid transformation driven by digital banking, customer-centric innovation, data analytics, and financial inclusion initiatives. Our partnership represents a significant step towards aligning academic learning with industry expectations. This collaboration will strengthen career opportunities for our students while contributing to the development of skilled talent for the banking sector.”

With a workforce of approximately 2.11 lakh employees and a network of 9,689 branches across 4,175 cities and towns in India as of March 31, 2026, HDFC Bank continues to invest in building a strong talent ecosystem to support its growth and customer service excellence nationwide.

The university secured over 1,000 job offers from 500 companies, including 212 multinational corporations, with leading recruiters such as TCS, Deloitte, Adani Group, Axis Bank, Amazon, and Wipro participating in the placement process. Students received opportunities across sectors, including IT, consulting, BFSI, e-commerce, manufacturing, and healthcare, with the average package reaching ₹5.28 LPA.

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This joint venture combines Jahwa Electronics’ high-efficiency thermal technologies with Tata AutoComp’s robust local manufacturing ecosystem, customer relationships, and market leadership. The joint venture positions India as a key strategic hub for Jahwa, leveraging localized low- and high-voltage PTC heaters to tap into booming EV and hybrid investments from global and domestic OEMs.

Commenting on the partnership, Chanyong Kim, CEO of Jahwa Electronics, said: “Jahwa Electronics considers it highly meaningful to contribute to the rapidly growing Indian electric vehicle market and infrastructure ecosystem through cooperation with Tata AutoComp.

By combining Jahwa’s precision component technology with Tata AutoComp’s strong local network and expertise, we aim to provide high-efficiency thermal management solutions optimized for the Indian market.

With domestic automakers and global OEMs aggressively scaling investments in electrification, India’s electric and hybrid vehicle markets are expanding rapidly. This is a critical juncture for us to establish a firm market entry foundation as a key supplier of both high-voltage and low-voltage PTCs. Forging this venture with Tata AutoComp is a deeply strategic decision; the Tata Group’s formidable market influence, business scale, and exceptional corporate credibility ensure we secure a stable foothold and drive sustainable growth across the region.”

Commenting on the joint venture, Arvind Goel, Vice Chairman, Tata AutoComp Systems, said: “This joint venture marks another milestone in Tata AutoComp’s strategy of bringing world-class automotive technologies to India. I am confident that our partnership with Jahwa Electronics, a globally recognized leader in specialty electronic components, will help introduce innovative, sustainable solutions to the evolving mobility landscape of India.”

Tata AutoComp Systems MD & CEO, Manoj Kolhatkar, added, “Jahwa Electronics exceptional technological prowess perfectly complements our robust manufacturing ecosystem. This JV is testimony to our vision of value delivery through constant innovation.”

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INDIA: ZF Friedrichshafen AG and the BMW Group have signed a long-term supply agreement in the field of passenger car drive systems. The core of the agreement is the supply and continued development of the proven 8-speed automatic transmission (8HP). The contract, worth several billion euros, runs until the late 2030s. This creates a solid foundation for open-technology and low-emission mobility of the future for both companies.

“Together with BMW, we are sending a strong signal for innovation, efficiency, and sustainability in an industry undergoing dynamic change,” says Mathias Miedreich, CEO of ZF. “This agreement highlights the strategic importance of our 8-speed automatic transmission as a key technology for the transformation of drive systems.”

As part of the partnership, the 8HP transmission kit will be continuously developed. The aim is to provide customers with the most powerful and efficient transmission that meets the requirements of future drive concepts.

“The new agreement with BMW shows how important long-term planning horizons are for technological advancements,” explains Sebastian Schmitt, Head of ZF’s Electrified Drive Technologies division. “It creates clarity and stability for both companies and enables us to align the next generation of the 8HP specifically toward efficiency, performance, and long-term viability.”

ZF thus strengthens its position as a system supplier and gains additional planning reliability. Close collaboration in the future will help reduce risks in a rapidly changing market environment and lay the foundation for low-emission mobility going forward.

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The association comes at the right moment for Panasonic, as the company accelerates its vision to become a top HVAC brand in India and strengthen its connection with millions of households. With Dhoni joining the Panasonic family, the company aims to build a stronger affinity across the country.

Welcoming Dhoni to the Panasonic family, Tadashi Chiba, MD & CEO, Panasonic Life Solutions India (PLSIND), said, “This partnership is an alignment of shared values. For more than 100 years globally, Panasonic has stood for reliability, innovation, and meaningful contribution, values we continue to strengthen in India. Dhoni’s calm leadership and dependable performance reflect this spirit. Dhoni brings more than star presence; he brings momentum and a meaningful connection with Indian consumers. Together, we look forward to shaping an iconic chapter in Panasonic’s brand journey in India.”

Speaking on the occasion, Mahendra Singh Dhoni shared, “For most of us growing up in India, Panasonic was not just seen as a Japanese brand; it became a part of our everyday life. It felt familiar, reliable, and Indian in spirit because it was present in our homes and memories. For me, this association is meaningful because it reflects shared values: trust, reliability, contribution to society, and a constant drive to improve. I am proud to join hands with a brand that continues to innovate while staying true to its foundation of trust.”

Hirokazu Kamoda, Director, HVAC, Panasonic Life Solutions India (PLSIND) added, “Dhoni inspires confidence- in teams, in audiences, and in families. That emotional connection is invaluable as we further strengthen our presence in India. This partnership also aligns with Panasonic’s long-term growth roadmap for the cooling category, as the company ramps up AC manufacturing capacity and works toward doubling sales by FY27, driven by a stronger brand presence, local innovation, and deeper market penetration.”

Panasonic’s AC portfolio is engineered for evolving Indian lifestyles and extreme weather conditions, delivering premium, ultra-efficient, and smart cooling experiences. The air conditioners are designed to meet the expectations of today’s Indian consumers — who seek comfort, efficiency, and effortless control in their living spaces. With a focus on smarter living and future-ready comfort, Panasonic continues to evolve its offerings in line with India’s lifestyle aspirations and climatic realities.

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VISAKHAPATNAM: Godrej Agrovet Limited (Godrej Agrovet), one of India’s largest diversified agri-food businesses, today signed a non-binding Memorandum of Understanding (MoU) with the State Government of Andhra Pradesh (AP). Under this MoU, the company would be investing INR 70 Crore to expand the dairy processing and value-added product capacities in its dairy business and set up new Samadhan Centers – a one-stop solution center for Oil Palm Farmers.

The MoU was signed in the presence of Shri Nara Chandrababu Naidu Garu, Hon’ble Chief Minister of Andhra Pradesh; Sunil Kataria, MD & CEO, Godrej Agrovet, and Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group.

Commenting on the occasion, Shri Nara Chandrababu Naidu Garu, Hon’ble Chief Minister of Andhra Pradesh, said, “Strengthening the agri-food processing sector is imperative for farmers of our soil to prosper. In sync with the same, we are delighted to partner with Godrej Agrovet, a strong and reliable partner. I am confident that this partnership will not only help strengthen our agricultural ecosystem but also create sustainable livelihoods for the community at large while driving economic growth.”

Sunil Kataria, CEO & MD, Godrej Agrovet, said, “We are grateful to the government of Andhra Pradesh for fostering an ecosystem that supports businesses and uplifts communities. Today’s MoU is a testimony to our intent to strengthen our agri-food processing capabilities while continuing to empower farmers. With a strong legacy of innovation in food processing, our mission remains to advance India’s nutrition landscape and contribute to the growth of the agri-economy.”

Godrej Agrovet’s wholly owned subsidiary, Creamline Dairy Products Limited, which sells products under the brand name Godrej Jersey, will be expanding its dairy processing and value-added products capacities in three phases.

The company’s oil palm business, the largest oil palm processor in India and working directly with the farmers for the entire lifecycle of the crop, will be establishing five new Samadhan Centers. Samadhan is a one-stop solution centre that would provide a comprehensive package of knowledge, tools, services, and solutions to oil palm farmers.

Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group, said, “Andhra Pradesh has been a key state for Godrej Industries Group, playing a pivotal role in our growth across sectors. The signing of this MoU reflects the State’s speed of doing business and partnership-oriented approach, notably through its streamlined approvals process and investor-friendly policies. We look forward to contributing to Andhra Pradesh’s growth story and remain committed to expanding our group’s footprint across consumer, real estate, and finance businesses too.”

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CHENNAI The Singapore International Foundation (SIF), SingHealth, and the Department of Public Health and Preventive Medicine (DPHPM), Government of Tamil Nadu, today marked the conclusion of the second phase of the Enhancing Maternal and Child Health Services (EMCH) Project.

Launched in 2015, the EMCH Project aims to strengthen maternal and child healthcare across Tamil Nadu. Building on the success of the first phase, the current phase (2023–2025) extended its reach to Primary Health Centres, enhancing the management of high-risk pregnancies and neonatal emergencies, and improving outcomes across the state’s maternal and child health system.

Phase One (2015–2018) trained more than 500 healthcare professionals and contributed to reduced maternal mortality in districts including Tiruchirapalli, Chengalpattu, and Pudukottai. Phase Two built on this progress by training another 144 professionals and developing a new cadre of Master Trainers to sustain knowledge sharing within Tamil Nadu’s healthcare ecosystem.

Together, these efforts mark a decade-long collaboration that continues to enhance health outcomes while deepening Singapore-India ties through shared expertise and friendship. This initiative also represents the SIF’s fourth maternal and child health project across Tamil Nadu and Karnataka. It underscores its 30-year partnership with India – fostering collaborations, sharing expertise, and uplifting communities.

Empowering Local Healthcare Professionals for Long-Term Impact

Between 2023 and 2025, Singapore International Volunteers from Singapore’s KK Women’s and Children’s Hospital and SingHealth Polyclinics – comprising doctors and nurses – conducted multidisciplinary workshops that combined clinical training, technical assistance, and protocol review for counterparts across Tamil Nadu’s primary, secondary, and tertiary healthcare institutions. These 144 professionals are now better equipped to manage obstetric and neonatal emergencies and high-risk pregnancies.

Using a Training-of-Trainers (ToT) framework, 50 participants from the trained cohort were identified as Master Trainers. They were equipped with both clinical and pedagogical skills, enabling them to facilitate peer learning within their own institutions. These Master Trainers will continue sharing their expertise across the state, ensuring that best practices are sustained and applied consistently.

Feedback from Phase Two participants indicates marked improvement in confidence and skills across key areas of obstetric and neonatal emergency management, including patient assessment, referral processes, and multidisciplinary teamwork. Collectively, these efforts are projected to benefit an estimated 20,000 mothers and newborns through better clinical outcomes and strengthened standards of care.

Corinna Chan, CEO, Singapore International Foundation, said: “The Enhancing Maternal and Child Health Services Project reflects the power of international collaboration to create meaningful, lasting impact. By uniting healthcare experts from Singapore and Tamil Nadu, we have not only strengthened clinical capabilities but also deepened the bonds of friendship between our peoples. Over the past three decades, the SIF has partnered with Indian communities on more than 20 projects in education and healthcare. Our specialist volunteers have been central to these efforts, working alongside their Indian counterparts in a spirit of mutual learning and collaboration to uplift lives. We look forward to building on this strong foundation to continue creating positive change together.”

Vijaya Rao, Director, SingHealth International Collaboration Office, said: “This partnership with SIF demonstrates the value of collaborative healthcare development. Our clinical teams have worked alongside Tamil Nadu’s healthcare professionals to share knowledge and implement practices that have strengthened maternal and child health services in the region. Drawing on the SingHealth institutions’ healthcare expertise, we’ve been able to support locally relevant solutions that improve patient outcomes. This collaboration reflects our commitment to meaningful partnerships that build sustainable healthcare capacity and create lasting benefits for the communities we serve.”

Dr A. Somasundaram, Director of Public Health and Preventive Medicine, Tamil Nadu, said: “We are grateful for the partnership with the Singapore International Foundation and SingHealth. The knowledge exchange and technical guidance provided through this project have greatly enhanced our healthcare professionals’ confidence and competence in managing maternal and child health challenges. The collaborative training approach has strengthened local systems, improved clinical coordination, and contributed to safer outcomes for mothers and newborns. We look forward to continuing this partnership to further advance the quality and accessibility of maternal and child health services across Tamil Nadu.”

Dr Shephali Tagore, Senior Consultant, Department of Maternal Fetal Medicine, and Director of O&G International Medical Programme, said: “This project has been a deeply meaningful experience. Our Tamil Nadu counterparts demonstrated remarkable ingenuity in adapting evidence-based maternal and fetal care to local needs. Their commitment and innovation have inspired us, making this a truly collaborative exchange that strengthened our shared pursuit of safer outcomes for mothers and newborns.”

Dr Ng Chung Wai Mark, Director, Global Health, SingHealth-Duke NUS Family Medicine Academic Clinical Programme, Senior Consultant, Family Physician, SHP, said: “Enhancing the referral system is a vital step in strengthening the continuum of care for high-risk antenatal women. It helps primary care physicians identify and manage risks early, before they become emergencies. This requires a systems-based approach, by reviewing roles and care processes, auditing practices, and continuously improving care. I am inspired by the professionalism and dedication of our primary care colleagues in Tamil Nadu, whose commitment will carry these efforts forward. Collaborating on this initiative has been deeply meaningful and reaffirmed the power of shared learning in improving maternal health outcomes.”

Contributing to the UN Sustainable Development Goal 3 – Good Health and Well-being – by promoting safe pregnancies and reducing maternal mortality rates, the EMCH Project is one of several Singapore-India collaborations in public health, reflecting a shared commitment to advancing healthcare excellence through cross-border learning and collaboration.

As Singapore and India commemorate 60 years of diplomatic relations, both nations continue to reaffirm that people-to-people ties remain the bedrock of our partnership. Reflecting this spirit, the EMCH Project exemplifies how collaboration between healthcare professionals can strengthen communities, foster mutual understanding, and contribute to better health outcomes across borders.

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This partnership aims to offer enhanced travel options and integrated travel itineraries to customers traveling between India and China on the joint network of both airlines, besides the through check-in process, among other benefits. Additional details regarding the codeshare will be provided in due course.

Pieter Elbers, Chief Executive Officer, IndiGo, said, “We are happy to join hands with China Southern Airlines as we enhance connectivity between India and China. We recently reinstated our direct daily flights connecting Kolkata with Guangzhou, followed by inaugurating a new direct service between Delhi and Guangzhou. Now with this partnership, our joint customers will get the added convenience of booking seamlessly for travel across various parts of India and China on the joint network of IndiGo and China Southern Airlines.”

Han Wensheng, President and CEO of China Southern Airlines, stated, “China Southern Airlines highly values the development potential of the Indian market. Through cooperation with IndiGo, we will be able to further leverage each other’s advantages, offer a wider range of travel products, and give new momentum to the economic, cultural, and aviation exchanges between the two countries.”

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