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Makel Elektrik to set up TRY 100m factory in India

Makel Elektrik to set up TRY 100m factory in India

BY KERIM ULKER Electrical materials manufacturer Makel Elektrik will build a TRY 100m production plant in the Greater Noida Industrial Area, a planned city located in the Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. The firm, which held talks with Surendra Singh, CEO of Greater Noida Authority, has requested an area...

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Indian SpiceJet eyes flights to Turkey

Indian SpiceJet eyes flights to Turkey

The India-based low-cost airline company SpiceJet plans to start direct flights to Turkey, Vietnam, and Russia, according to Ajay Singh, Managing Director and Chairman of the Board of Directors of SpiceJet. The company plans to use Boeing 737 MAX jets for their direct flights to these destinations. “We are looking to begin service to destinations...

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Getir to set up tech hub in India

Getir to set up tech hub in India

Getir, which acquired instant grocery delivery company Blok in July, is now looking to set up a technology hub in India. Blok was Getir’s first acquisition, and helped Getir accelerate its entry into Southern Europe. Getir recently raised USD 550m in Series D funding which makes it a business that’s valued at over USD 7.5bn....