Oman-India fund invests $10m electronics firm Teqsite Private
Oman-India Joint Investment Fund has invested around $10m in Indus Teqsite Private Limited, a manufacturer of electronics products and systems based in Chennai, in the Indian state of Tamil Nadu, Muscat Daily has reported. The investment is the fund's second this month, after signing an agreement with Solar Industries India, an Indian firm involved in the manufacture of industrial explosives, to buy a 4.28% stake in the company for $13m.
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