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Belgian News - October 2011 - Number 1

Newsletter 1 - Belgium

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A new Wallonia business centre/incubator in Pune, Mahatrashtra<br />

The Walloon Export and Foreign Investments Agency (AWEX) proposes to the Walloon<br />

companies interested in the Indian market to settle in an incubator in Pune, Kalyani Nagar, in the<br />

State of Maharashtra, 160 km from Mumbai.<br />

The incubator is located 5 minutes away from the international airport and at 10 minutes distance<br />

from the Pune station.<br />

The incubator offers to the Walloon entrepreneurs all the related services with comfort and<br />

optimization of their local integration: an equipped office, air-conditioned, with internet access. With<br />

framing and support of an experienced international team who will largely facilitate the success of<br />

new Walloon projects in India.<br />

Granules-Omnichem Pvt Ltd<br />

Ajinomoto Omnichem and Granules India Ltd created a Joint Venture with Hyderabad for an<br />

amount of 20 million $: GRANULES-OMNICHEM Pvt Ltd, whose construction will start in<br />

November <strong>2011</strong>.<br />

The goal of this JV is the production of APIs for third and intermediaries intended for the Indian<br />

market of generics, estimated at $ 234 billion.<br />

Ensival-Moret India<br />

Created in <strong>2011</strong>, Ensival-Moret India is established in the town of Pune in order to install an<br />

assembling workshop for its industrial pumps coming from the region of Liège.<br />

Grass Tech<br />

Grass Tech is the manufacturer and marketer of the former "Plastic Products" division of Solutia<br />

Company, acquired by Time Technoplast Ltd., a multinational Company based in Mumbai and<br />

leading technology based innovative polymer product company with manufacturing facilities across<br />

the world. The joint commercial activities of the former Solutia owned and TimeTech owned<br />

products and brands will be co-coordinated by the newly created Belgium based company Grass<br />

Tech Solutions SPRL in Louvain-La-Neuve, including Marketing & Distribution services in Belgium<br />

as well as a very organized distribution network across the world.<br />

Pharmac India<br />

AWEX participated in PHARMAC INDIA, a trade fair dedicated to the Indian Medical &<br />

Pharmaceutical industry, from 17 to 19 September <strong>2011</strong> in Ahmedabad, Gujarat. Sixteen meetings<br />

were organized with beforehand selected companies of Gujarat, during the fair as well as within<br />

the information stand which was assembled for company support.<br />

Engineering Expo Pune

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