New funding from ChrysCapital and InCred to position ILJIN Electronics as key player in India’s growing EMS sector

ChrysCapital and InCred Growth Partners have contributed ₹1,200 crore to ILJIN Electronics (India) Pvt Ltd, a subsidiary of Amber Group, in order to expand operations, improve technology, and pursue acquisitions in India’s growing electronics industry. According to a press release, ChrysCapital will invest ₹1,100 crore, and InCred PE will contribute ₹100 crore through stock and…

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COCOMI condemns extension of SoO agreement with Chin-Kuki narco-terror groups

The Coordinating Committee on Manipur Integrity (COCOMI) has strongly condemned the Government of India’s decision to extend the Suspension of Operation (SoO) Agreement with Chin-Kuki armed narco-terrorist groups, announced on September 4 in New Delhi. Describing the extension as “anti-people”, COCOMI argued that the move contradicts the interests of the indigenous population of Manipur. The…

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