14°c Overcast
13°c Rain
Winnipeg Free Press - ONLINE EDITION
Presence of Manitoba companies growing in India
Premier Greg Selinger (WINNIPEG FREE PRESS ARCHIVES) Photo Store
A couple of Manitoba companies are leveraging the current trade mission to India, led by Manitoba Premier Greg Selinger, into a permanent presence in the booming sub-continent.
Winnipeg-based Westeel, a leading manufacturer of metal grain storage bins has opened an office in Mumbai and Micro Tool & Machine Ltd. (MTM) of Winnipeg has created a joint-venture company, MTM-Kirpekar in Pune, a city near Mumbai.
"We recognize the enormous potential of the India grain-storage market and we hope that through our office in Mumbai, we will be better-positioned to serve the market needs," said André Granger, president of Westeel, a division of Vicwest Inc.
MTM designs and manufactures advanced transformer-production equipment and has been doing business in the Indian market. The company participated in a Manitoba trade mission to India in 2010 when it first made contact with Kirpekar Engineering and has worked with Manitoba Trade and Investment to help make its entry into the Indian market.
Westeel was on a trade mission with the province in 2006.
"India is one of the world's fastest-growing economies and with our strong cultural and business connections, there's huge potential for greater trade between our economies," Selinger said in a release.
Manitoba has a trade representative in India.
During the trade mission, it was also announced Riya Travel, a Mumbai-based travel company, will be opening its first-ever Canadian office in Winnipeg.
On its website, Riya refers to itself as India's largest travel company, with more than $2 billion in annual revenue.
The company also has offices in Dallas, Philadelphia, New York, New Jersey, Houston and Atlanta.
More Business
- Back to Top
- Return to Business
More Business
(1 of 50 articles for this week)
In survey, economists says consumers poised to boost spending, offset government cuts
05/19/2013 11:33 PM 0WASHINGTON - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according ...
Poll
Most Popular Business
- 2 men arrested in killing of Las Vegas teen who refused to give up his iPad
- Ex-'Pegger seeks to grow local businesses
- Chinese court sentences entrepreneur to death in latest crackdown on underground banking
- Hundreds of tons of New Zealand meat stranded at Chinese ports over certification dispute
- Veteran newspaper editor Neil Reynolds dead at age 72
- Bangladesh High Court bars garment factory owner from leaving country
- Toronto, Wall Street surge higher amid positive U.S. data, consumer sentiment
- Target opens Manitoba stores
- Buyer beware in online auto sales: experts
- Bridging the gap
- Transcona transformation
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Holiday pump jump debated
- Driving downtown development
- Winnipeg's got the REIT stuff
- McDonald's adding 3 new Quarter Pounders as it phases out third-pound Angus burgers
- 3 Ford owners sue in federal court, saying EcoBoost engine is defective
- 2 men arrested in killing of Las Vegas teen who refused to give up his iPad
- Emergency manager reveals Detroit is nearly broke; city may have no choice except bankruptcy
- Lakeview pumped about Hecla resort
- Target opens its first Manitoba stores Tuesday
- New structure to be king of downtown?
- Transcona transformation
- Target opens Manitoba stores
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Raising the rent is a good sign
- City to get a touch of glass
- Canad Inns property has personal meaning for owner
- Holiday pump jump debated
- Border-fee idea doesn't fly
- Viterra plans $20 million capacity upgrade at four Saskatchewan grain terminals
- Ex-'Pegger seeks to grow local businesses
- Rent to own
- Transcona transformation
- Bridging the gap
- A fix for hockey sticks
- Condos made from shipping containers pass hurdle at city hall
- Monsanto wins Supreme Court fight over its genetically engineered soybeans
- Idaho spud giant bets on biotech potatoes 12 years after similar Monsanto push failed
- Investing lessons from the golf links
- Transcona transformation
- Winnipeg's got the REIT stuff
- CEO, execs terminated at TCIG
- Diversification spurs Exchange Income's growth
- Driving downtown development
- Late deal in workplace sex-harassment case
- There are lots of I's in 'team'
- Bridging the gap
- Ex-'Pegger seeks to grow local businesses
- Viterra plans $20 million capacity upgrade at four Saskatchewan grain terminals
- Transcona transformation
- New structure to be king of downtown?
- CEO, execs terminated at TCIG
- Target opens its first Manitoba stores Tuesday
- Canad Inns property has personal meaning for owner
- Winnipeg's got the REIT stuff
- Older and jobless? Resource on hand
- MacDon on the block?
- Winnipeg Boeing plant set to expand
- Local boy leads Great-West
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.