Act East Forum gets push with upcoming summit

09 Dec 2019 Editorial Team

Reportedly, as a boost to India’s ‘Act East Policy’ and Japan’s ‘Free and Open Indo Pacific Strategy’, the first annual Indo-Japan summit will be held from December 15 to December 16. The gathering of the two nations is expected to set the ball rolling on their Act East forum given that Japan is planning investments of around Rs 130 billion in the eight North Eastern states of India.

It is reported that Japan is currently weighing investments towards numerous projects in the region, including – a water supply project in Guwahati, a road network in Assam-Meghalaya and forest management and agriculture projects in other states of the region. It is estimated that new plans and blueprints will be announced at the upcoming summit for more projects in the area – given its close proximity to Southeast Asia.

Recently, on November 30, the two countries participated in a dialogue where the respective defence and foreign ministers underlined various points of discussion – top of which is reported to be Japan’s involvement in the North East region of India.

Reportedly, Japan’s involvement in providing aid for developing North East began in 2011 with the overseas development assistance (ODA) but actually picked up post 2014.

Additionally, as reported, the Japan International Cooperation Agency (JICA) signed a memorandum with the Indian Government in 2017 with the aim of providing $610 million for the first phase of the North East Road Network Connectivity Improvement Project for projects in Meghalaya and Mizoram. The Act East Forum was established subsequently with the purpose of economic enhancement in the region.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..