{"id":302284,"date":"2019-11-22T11:07:50","date_gmt":"2019-11-22T05:37:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302284"},"modified":"2019-11-22T11:07:50","modified_gmt":"2019-11-22T05:37:50","slug":"chinas-yingde-gases-to-set-up-indian-subsidiary-novaair","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-yingde-gases-to-set-up-indian-subsidiary-novaair\/","title":{"rendered":"China&#8217;s Yingde Gases to set up Indian subsidiary NovaAir"},"content":{"rendered":"<p>MUMBAI: Chinese industrial gases maker Yingde Gases is setting up an Indian subsidiary, NovaAir India, with an initial investment of $60 million to build four air separation plants near Hyderabad, Chennai, Mumbai and Delhi, top company officials said.<\/p>\n<p>Backed by Asia&#8217;s largest alternative investment fund PAG, Yingde plans to invest more than $1 billion in India over the next five years to pursue organic and inorganic opportunities, a senior official said. It will invest $3 billion in India and China during that period.<\/p>\n<p>In the shorter term, Yingde will invest another $100 million in India, officials said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Chinese industrial gases maker Yingde Gases is setting up an Indian subsidiary, NovaAir India, with an initial investment of $60 million to build four air separation plants near Hyderabad, Chennai, Mumbai and Delhi, top company officials said. Backed by Asia&#8217;s largest alternative investment fund PAG, Yingde plans to invest more than $1 billion in India over the next five years to pursue organic and inorganic opportunities, a senior official said. It will invest $3 billion in India and China during that period. In the shorter term, Yingde will invest another $100 million in India, officials said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-302284","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302284"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302284\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}