Covestro (India) Pvt Ltd

Covestro (India) Pvt Ltd

Company limited by Shares (2) 386+ employees

Covestro (India) Pvt Ltd Overview

386+ employees
Company limited by Shares
Non-govt company
11 Sep,1995
N/A Related OEMs
3 No. of plants

Company Breakup

Name share
Bodies Corporate
Total Number Of Shareholders 2
Shareholding As On 2016-09-27

Covestro (India) Pvt Ltd in News

28 Nov 2023

India to support RE, draw line on fossil fuel, agri at COP 28

India, already a signatory to the Montreal Protocol on reducing use of Hydro Fluoro Carbons (HFCs) and other coolants used in refrigeration and air conditioning, feels there is no requirement for yet another framework on the same. Similarly, the Coalition for High Ambition Multilevel Partnership (CHAMP) proposed for COP 28 has not enthused India much.

25 Nov 2023

India-EU sign MoU on semiconductors

An India-EU Memorandum of Understanding (MoU) on semiconductors was signed on Friday, ahead of the Trade and Technology Council meeting in New Delhi.

24 Nov 2023

ONDC onboards logistics firm XpressBees on its network

Logistics company XpressBees has joined the Open Network for Digital Commerce (ONDC), allowing it to offer pan-India delivery services to over 2,800 cities and 20,000 pincodes. Through this collaboration, XpressBees aims to optimize its operations and become a key player in the e-commerce industry. This move is expected to catalyze e-commerce growth, strengthen ONDC's logistics network, and contribute to the digital economy, according to T Koshy, MD & CEO of ONDC.

24 Nov 2023

CEVA Logistics sees India among co's top 5 markets within 3 years, says Deputy CEO

“India is the place to be. The economy is firming up and showing solid transformation through growth. The second big trend that we can see is the relocation of manufacturing into India, which then actually serves the world. This requires additional warehousing and transportation capabilities,” Olivier Storch, deputy CEO, CEVA Logistics, told ET in an exclusive interaction.

22 Nov 2023

Actis, Edelweiss, Petronas eye Finnish company Fortum JV's solar assets

ET first reported on April 25 that Kotak Mahindra Capital had been appointed to find buyers for the solar portfolio. "The prospective buyers are currently conducting due diligence on the solar assets and final bids are expected soon. These are good quality assets and have generated strong investor interest," said one person aware of the development.

15 Nov 2023

Tata Motors has the right to buy out other investors of Freight Tiger

With the Freight Tiger acquisition, Tata Motors will get a toehold in a fast expanding digital end of the trucking business at a rather modest investment. Besides Tata Motors, the existing investors of Freight Tiger include the venture capital arm of Eastern Pacific Shipping and Lightspeed India Partners.

14 Nov 2023

BPCL plans to ramp up fuel retail network by two-thirds

Bharat Petroleum Corporation Limited (BPCL) is set to embark on an extensive expansion of its fuel retail network, aiming to add 14,273 new pumps. This substantial increase, representing nearly two-thirds growth, is part of BPCL's strategic efforts to bolster its presence in the rapidly expanding domestic fuel market.

13 Nov 2023

India weighs five-year tax cuts on EV imports to woo Tesla

The Indian government is working on an electric vehicle policy that would allow international car manufacturers to import battery-powered vehicles on concessional duty rates if they commit to eventually building them in India, people familiar with the matter told Bloomberg.

11 Nov 2023

India needs 8%-8.5% growth to create enough jobs, former RBI governor Raghuram Rajan says

Former Reserve Bank of India governor, Raghuram Rajan, has stated that India's economy needs to expand at a rate of over 8% in order to create enough jobs for the country's growing population. Although India's economic growth has outpaced other major economies, it is still not creating enough jobs to meet the needs of its workforce. The country's overall unemployment rate has reached its highest level in over two years, and it is estimated that India will need to create 70 million new jobs over the next decade.

06 Nov 2023

Gogoro inks pact with HPCL to set-up battery swapping stations across India

Battery swapping company Gogoro has partnered with HPCL (Hindustan Petroleum Corporation Ltd) to build battery swapping stations for electric two-wheelers across India. The Nasdaq listed company plans to roll out these stations at HPCL's 21,000 retail outlets, contributing to India's growing electric transportation infrastructure.

Directors of Covestro (India) Pvt Ltd

Name DIN Email Designation Date of joining
Samir Hifri Unlock to View Unlock to View Director 22 Jan,2016
Avinash Manmohan Bagdi Unlock to View Unlock to View Director 16 Jul,2015
Ajay Durrani Unlock to View Unlock to View Managing director 01 Sep,2012

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