IGB archive

India, Norway in safety pact

India Global Business Staff

India-headquartered crop protection products company UPL and Gexcon AS, a Norway-based global leader in safety and risk management, have signed a memorandum of understanding (MoU) on innovation management in process safety. The MoU, signed in the presence of Norwegian Ambassador to India Nils Ragnar Kamsvag in New Delhi, will enable UPL to strengthen the existing standards on Process Safety across its manufacturing facilities and projects worldwide. “We are appreciative and proud of the trust UPL stakeholders have put to achieve excellence in manufacturing while continuous growth takes place,” Vikram Shroff, Director of UPL group, said in a statement. “The next phase of UPL's operational aspiration is aimed at achieving global leadership by strengthening the existing standards of process safety and risk management and work on research and development by building a centre of excellence,” he said. “We look forward to supporting UPL in their process transformation to better identify, manage and deliver innovative ideas in process safety and risk management while handling hazardous chemicals,” added Sturle H. Pedersen, president and Global CEO of Gexcon.

In a move that renewed hope in India’s civil aviation circles, and sent waves of optimism in business circles, the Tata Group acquired beleaguered national carrier Air India for $2.4 billion last week. The transaction will be completed by December 2021.

Tata Group’s take over of Air India puts the competition on alert

RBI says growth impulses strengthening, inflation trajectory favourable

Gadkari focuses on alternate fuels, EVs in clean transport push

India, UAE march towards Comprehensive Economic Partnership Agreement

India’s new Parliament on track to host 2022 Winter Session