New Canadian business initiatives in India
January 10, 1996
Mumbai, India
Background on Signing Ceremony in Mumbai
ACIC (Canada) Inc., Brantford, Ontario
ACIC (Canada) Inc., a bulk pharmaceutical
manufacturer and distributor, has signed a joint-venture agreement
with Piramal Enterprises Limited of Mumbai to manufacture and
market bulk pharmaceutical products in the state of Mahdya Pradesh.
ACIC products include such drugs as anti-viral, anti-cancer and
beta blockers. The agreement could generate $20 million a year.
Acres International Ltd., Niagara Falls,
Ontario
Acres International Ltd., an engineering consulting
services company specializing in energy, the environment, and
transportation, has signed a contract with Mahindra Ugine Projects
Ltd. of Mumbai, a division of Mahindra and Mahindra Ltd., formally
establishing their new consulting engineering company, Mahindra
Acres Consulting Engineers (MACE). The new company will provide
engineering services to clients in India. Under this agreement,
Acres will provide its expertise in project management, management
information systems and environmental consulting through training,
as well as specialist support to projects when required.
Alpac Technologies (Madras) Pvt. Ltd., Madras
India
Alpac Technologies (Madras) Pvt. Ltd., a subsidiary
of Winterhawk Development Ltd. and Waterworks Technologies Inc.
of Calgary, has signed a contract with Rusch AVT Medical Pvt.
Ltd. to provide water treatment systems, two water treatment processes,
a wastewater treatment plant and a wastewater recycling plant.
The company will also carry out some consulting work for Rusch
AVT. The first phase of the project is valued at $300,000 and
the second phase at $200,000. Winterhawk Development Ltd. and
Waterworks Technologies Inc. are environmental engineering firms
with experience in industrial wastewater treatment, sewage treatment,
water treatment and recycling systems.
In addition, Alpac Technologies (Madras) Pvt.
Ltd. has signed a contract with White House Process Pvt. Ltd.
of Madras to upgrade their effluent system. The first phase of
the project is valued at $200,000 and the second at $100,000.
White House Process Pvt. Ltd. exports textile garments to Europe
and North America.
Alta Terra Ventures Corp., Slave Lake, Alberta
Alta Terra Ventures Corp., an agri-food and
environmental products company, has signed a memorandum of understanding
with Tractors and Farm Equipment Ltd. (TAFE) of Madras in the
state of Tamil Nadu to establish a local distributorship in Canada.
This project could generate $2 million in its first year. Alta
Terra will, in turn, assist TAFE with quality requirements and
product safety features for the Canadian market. Alta Terra will
also work with TAFE by providing some foreign technology transfer
for manufacturing farm equipment implements and accessories.
Bell Canada International (BCI), Montreal,
Quebec
Bell Canada International has signed two contracts
with the Tata Group of India to provide cellular and basic telecom
services in the state of Andhra Pradesh, India. Under these agreements,
BCI's commitments will involve potential investments of about
$50 million for the cellular venture and about $140 million for
the basic telephone service venture. BCI will be providing managerial
and technical support for the projects, including the first chief
executive officers for the two operations.
Business Council on National Issues, Ottawa,
Ontario
The Business Council on National Issues, which
represents Canadian business leaders, has signed an agreement
with the Confederation of Indian Industry, the national umbrella
organization for private industry in India, to establish a strategic
alliance. The two organizations will seek to work together to
foster direct business-to-business links and explore business
opportunities in the two countries. As well, they will develop
ways for senior business leaders to explore measures to enhance
trade and investment ties between the two countries. The alliance
will also provide a forum for information exchange on major business
issues.
Calian Technology Ltd., Kanata, Ontario
Calian Technology Ltd., a satellite telecommunications
company, has signed a memorandum of understanding with Videsh
Sanchar Nigam Ltd. (VSNL), the Indian government telecommunications
agency which provides international communication services. This
agreement, valued at $675,000, enhances a $4-million deal signed
in December 1994 to supply Access Control and Signalling Equipment
(ACSE) for mobile satellite communications services. The ACSE
is the gateway to the public telephone system for users of mobile
satellite communications.
Export Development Corporation (EDC), Ottawa,
Ontario
EDC has signed a memorandum of understanding
with the Export Import Bank of India
EX-IM) of Mumbai to establish a US$10 million
line of credit to support the sales of Canadian goods and services
to buyers in India.
EDC has also signed a memorandum of understanding
with the State Bank of India to establish a US$25-million line
of credit to support the sales of Canadian goods and services
to buyers in India.
Edwards International, Mississauga, Ontario
Edwards International has signed a memorandum
of understanding to enter into a partnership with Tata Honeywell
of Mumbai to market their equipment in India. This agreement could
generate $20 million over three years in new export opportunities,
mainly in the industrial but also commercial and hotel sectors.
Edwards International is a manufacturer of conventional and intelligent
fire detection systems serving commercial and industrial markets.
Government of British Columbia
The Government of British Columbia has signed
a memorandum of understanding with the Indian Organic Chemicals
Limited (IOCL) of Mumbai to promote and help IOCL establish a
facility in British Columbia to recycle plastic wastes, particularly
used and discarded PET bottles. Futura Industries Limited, a subsidiary
of IOCL, recycles or converts, among other items, used and discarded
PET bottles into PET flakes using its own self-developed proprietary
apparatus and knowledge.
H.A. Simons Ltd., Vancouver, British Columbia
H.A. Simons has signed a $6-million contract
with Core Biotech Ltd. of Ahmedabad to provide engineering, construction
management and commissioning services for its new board mill at
Kheda in the state of Gujarat. The mill will produce 400 tons
per day of board from waste paper and old corrugated container
board. H.A. Simons Ltd. is a pulp and paper consulting firm providing
project management, design engineering, procurement and construction
management services to industries worldwide.
InterHealth Canada Ltd., Toronto, Ontario
InterHealth Canada, a corporation which pursues
international contracts for Canadian health sector firms, is a
member of the Sir Edward Dunlop Hospitals (India) Ltd. (SEDH),
which has signed a memorandum of agreement with Sethia Foundation
to develop a major rehabilitation centre with trauma care facilities
at Lonere near Mumbai. Under this agreement, SEDH is to take over
Sethia Foundation facilities and develop a major rehabilitation
complex. Participation in this project by Canadian companies is
estimated at $30 million.
Kryton International Inc., Vancouver, British
Columbia
Kryton International Inc. has signed a contract
with Heatley and Gresham (India) Ltd. to distribute and manufacture
under license Kryton's Thermocoat and Duragard specialty coatings.
This venture is expected to generate annual sales in excess of
$5 million. Kryton develops, manufactures and distributes a range
of specialty protection products for construction, industrial
and home use.
MMC Canada Enterprises, a division of MMC
Group/Ontario Ltd., Pickering, Ontario
MMC Canada Enterprises (MCE) has signed a memorandum
of understanding with Consolidated Foundation Ltd. of Mumbai to
provide management and investment consulting services for CFL's
projects in Mumbai. This agreement is valued at $5 million.
MCE has also signed a memorandum of understanding
with Madhav Capacitors of Pune to provide management and consulting
services for Madhav's energy conservation and efficiency improvement
projects in India and its exports internationally. This agreement
is valued at an estimated $2 million.
Melville Ridge Holdings Ltd., Halifax, Nova
Scotia
Melville Ridge Holdings Ltd., their Canadian
partner, Farmers Cooperative Dairy Ltd. of Halifax, Nova Scotia,
and their Indian partner, Shivamrut Dudh Utpadak Sahakari Sangh
Ltd. (SDUSS) of Mumbai, have signed a letter of intent to invest
$6 million to open a modern dairy plant in Akhluj, a town south
east of Mumbai.
Monenco AGRA Inc., Mississauga, Ontario
Monenco AGRA, a wholly-owned subsidiary of
AGRA Industries Ltd., signed a memorandum of understanding with
RPG-RR Power Engineering Pvt. Limited of Calcutta to jointly provide
turnkey engineering, procurement, construction and operations
services for industrial cogeneration projects in India, particulary
in the pulp and paper, sugar, cement and chemical sectors. The
joint venture will bid on a 30-megawatt cogeneration plant for
an Indian pulp and paper producer. RPG-RR is a joint venture between
RPG Industries Ltd. and Rolls Royce Power Engineering PLC.
Northern Micro Inc., Nepean, Ontario
Northern Micro, a computer manufacturer, has
signed a letter of intent with Sabvin Computer Systems Pvt. Ltd.
of Mumbai to transfer Northern Micro's computer manufacturing
technology to a new, joint venture company to be incorporated
in India. The potential value of the deal is $3 million.
Parax Development International Inc., Saskatoon,
Saskatchewan
Parax Development International Inc. has signed
a memorandum of understanding to work with Specsim Engineering
Pvt. Ltd. of Mumbai on a variety of projects in Canada and India.
The specific areas of co-operation include agricultural processing
of by-products from grains used in the ethanol industry to create
fibres for breakfast foods and other items, use of waste materials
from such materials as hay and coffee grains to produce liquid
and gas which can be used to generate energy and power, and the
use of woody bio-mass such as bamboo for pulp and paper purposes.
Parax will also be selling, moving and overhauling used chemical
plant and equipment.
In addition, Parax Development International
Inc. has signed a memorandum of agreement with Alpine Industries
Ltd. of Indore in the state of Madhya Pradesh to promote investment
in an integrated gluten, starch, fibre and alcohol project in
Canada. The project will use wheat as a raw material and possibly
also barley and other grains, and is expected to generate $26
million.
Plitron Manufacturing Inc., Downsview, Ontario
Plitron, which designs and manufactures toroidal
transformers, has signed a $1.5 million contract with Salzer Controls
Ltd. of Coimbatore to establish a joint venture to manufacture
Plitron toroidal transformers in India. Plitron will transfer
its technology to the joint venture. Toroidal transformers are
smaller and lighter and more efficient than conventional transformers.
They are used in power supplies for sophisticated audio, medical,
telecommunications, computer and other high technology equipment.
Presson Manufacturing Ltd., Nisku, Alberta
Presson Manufacturing Ltd., which designs and
manufactures natural gas and crude oil processing facilities and
plants, has signed a $950,000 contract with Larsen and Toubro
Ltd. of Mumbai to supply pressure vessels for the Tapti oil offshore
production platform. Presson will verify the process simulations
and equipment sizing for process modules which will be incorporated
into the platform.
Purezone, North York, Ontario
Purezone has signed a letter of intent with
Scalemaster Adlan Pvt. Ltd. of Hyderabad to set up a joint venture
to market ozone generators and water treatment systems in India.
Plans also include setting up a bottling plant. This project is
valued at $1 million. Purezone manufactures the complete line
of corona discharge and ultra-violet ozone generators for commercial
and residential water treatment.
Royalton Medical Management Inc., Montreal,
Quebec
Royalton Medical Management Inc., which develops
integrated health-care systems for emerging markets, has signed
a memorandum of understanding with Gujarat Industrial Development
Group and Gujarat Industrial Investment Corp. of Gandhinagar,
Gujarat, to build a tertiary care high-tech, multi-system hospital
in Ghandhinagar, and five supporting primary care and diagnostic
centres in rural Gujarat. The agreement is expected to generate
$19 million in business.
SLM Software Inc., Toronto, Ontario
SLM Software Inc. has signed a memorandum of
understanding with Wipro Infotech Ltd. of Bangalore to supply
SLM software products used for credit cards and the banking, retail,
and health-care sectors. SLM develops computerized systems for
gathering and processing financial transactions data worldwide.
This agreement could generate $6 million in business over three
years.
Sinclair Technologies Inc., Aurora, Ontario
Sinclair Technologies, which designs, manufactures
and distributes radio system antennas for cellular, paging, PCS,
and trunked radio applications, produces and distributes antenna
systems, has signed a memorandum of understanding with Karnataka
Telecom Ltd. of Bangalore to distribute Sinclair Technologies
products in India. First year sales should approach $1 million.
The Toronto Dominion Bank,
Toronto, Ontario
The Toronto Dominion Bank, one of Canada's
five major chartered banks, will establish a branch in Mumbai
and has obtained approval in principle from the Reserve Bank of
India to open a supporting office in New Delhi. To commence operations
in India in 1996, the TD Bank plans to pursue business that would
promote trade and commerce between India and Canada.
UTV International, Nepean, Ontario
UTV International (UTVI), an international
audio-visual production house, has signed a contract establishing
a multi-year strategic partnership with Unilazer Group. Under
this contract, the two companies plan to co-produce television
programming and share their studios and post-production and editing
facilities. In addition, Unilazer Group will become the sole distributor
of UTVI's products in India, while UTVI will become the sole distributor
of Unilazer Group's products in the rest of the world. The two
companies will also co-operate in the development of corporate
videos and television commercials, in-flight programming for international
airlines, and a training program for students in the areas of
program production and editing, international marketing and business
development. UTVI will source and export equipment and graphics
software from Canada to Unilazer in India. UTVI has offices in
Canada, India, Malaysia and Singapore and Unilazer has facilities
in Mumbai, Madras, Delhi and Calcutta.
Willowglen Systems Inc., Edmonton, Alberta
Willowglen Systems Inc., a company specializing
in engineering, design and supply of Supervisory Control and Data
Acquisition (SCADA) systems, has signed a memorandum of understanding
to establish a partnership with W.S. Telesystems Ltd. of Bangalore.
W.S. Telesystems will represent Willowglen in the SCADA market
in India. The initial stages of this project were supported by
the Canadian International Development Agency's Industrial Co-operation
program (CIDA INC). Willowglen has supplied SCADA systems to India
previously and is seeking to re-enter the market.
Information, including estimated
costs, investment projections and contract values, contained in
this document has been compiled based on press releases and other
submissions provided by the companies listed. The Government
of Canada takes no responsibility for the accuracy of this information.
|