Jatropha Investments-Tata Group Company

Mumbai: Tata Chemicals Tuesday said it has entered into a joint venture with Singapore-based company JOil for marketing the latter's Jatropha seedlings in India and East Africa.

JOil is a Jatropha seedling company and has been set up by the Temasek Life Sciences Laboratory (TLL) along with some other investors.

How credit card companies fleece you

The Tata Group company will be investing 25 million Singapore dollars for a 35 per cent stake in the joint venture over a period of four years.

"We have tied-up with TLL which is into research and development work on Jatropha and are trying to bring some fruits of their technology to India," Tata Chemicals Managing Director Homi R Khusrokhan told reporters.

Read more info here

Labels: Jatropha-Investment

posted by Sudha @ 6:40 AM