give list of all joint ventures in India of different sectors.
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Joint venture or JV is basically a business agreement that develops between two parties with regards to their ownership of assets and liabilities.
This is a legal concept found between many companies in India. There are also ventures between Indian companies and foreign companies.
India ranked as the world’s sixth largest economy by Gross Domestic Product (GDP) in 2017 and has the world’s third highest Purchasing Power Parity, according to statistics compiled by the World Bank and various other agencies.
Moody’s Investor Service continues to upgrade India’s credit ratings continually, thanks to economic reforms and ease of doing business strategies being implemented by the Central and state governments over the last four years.
The Make In India initiative has attractive massive Foreign Direct Investments and Foreign Institutional Investments into India since 2014. Additionally, India is also one of the largest consumerist markets in the world.
This is a legal concept found between many companies in India. There are also ventures between Indian companies and foreign companies.
India ranked as the world’s sixth largest economy by Gross Domestic Product (GDP) in 2017 and has the world’s third highest Purchasing Power Parity, according to statistics compiled by the World Bank and various other agencies.
Moody’s Investor Service continues to upgrade India’s credit ratings continually, thanks to economic reforms and ease of doing business strategies being implemented by the Central and state governments over the last four years.
The Make In India initiative has attractive massive Foreign Direct Investments and Foreign Institutional Investments into India since 2014. Additionally, India is also one of the largest consumerist markets in the world.
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HPCL is a Government of India Enterprise and Fortune 500 company. HPCL has about 20% market share among national oil companies and strong infrastructure base with annual turnover of $ 317 billion.
Joint venture partner in South Asia LPG
South Asia LPG is joint venture of HPCL and Total Gas & Power India (TGPI). SALPG has a set up a Cavern in Vishakhapattanam which is the first of its kind in South East Asia. The underground rock mined LPG Cavern is the largest single point LPG Storage in India with 60,000 MT capacity. The facility ranks among the deepest Caverns in the World.
ROYAL DUTCH SHELL
Shell in India is one of the largest and most diversified international investors in India’s energy sector. Shell is a major private sector supplier of crude, products and chemicals to the Indian market.
Joint venture partner in South Asia LPG
South Asia LPG is joint venture of HPCL and Total Gas & Power India (TGPI). SALPG has a set up a Cavern in Vishakhapattanam which is the first of its kind in South East Asia. The underground rock mined LPG Cavern is the largest single point LPG Storage in India with 60,000 MT capacity. The facility ranks among the deepest Caverns in the World.
ROYAL DUTCH SHELL
Shell in India is one of the largest and most diversified international investors in India’s energy sector. Shell is a major private sector supplier of crude, products and chemicals to the Indian market.
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