CCI Approves Acquisition of Toyota Industries Corporation

The Competition Commission of India has approved the acquisition of Toyota Industries Corporation by Toyota Asset Preparatory Co., Ltd. This acquisition involves Toyota Asset Preparatory Co., Ltd. acquiring 100% of Toyota Industries Corporation to restructure and consolidate it within the Toyota group. The Acquirer is an investment vehicle and is not engaged in any business activities globally. Toyota Motor Corporation is involved in manufacturing and selling automobiles and parts in India, while Toyota Industries Corporation operates in material handling equipment, engine and transmission parts, textile machinery, and automated logistics solutions.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link