Yokogawa Electric Corporation (TOKYO: 6841) announces that it has made a US$10 million Series B investment in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach.
The two companies have also signed a business collaboration agreement. With this investment in the high-growth ISWM field, Yokogawa aims to develop its business in the Indian market.
This initiative is attracting a lot of attention due to the immense social impact that it can have and its importance in countering global warming. As it is rolled out, it is expected to generate demand not only for conventional waste disposal facilities, but also plants that produce alternative fuels from waste and small-scale thermal power plants that generate electricity from these alternative fuels.
For more information, visit www.yokogawa.com.
Author Profile
Latest entries
Doing business3 June 2025India’s Q-Commerce Growth Underscores Market-Driven Innovation: Siddharth Shankar
Business15 May 2025World MSME Day: A Global Commemoration of Entrepreneurial VitalityBusiness29 April 2025Russia and UAE Near Historic Free Trade Zone Agreement: A Boost for SMEs
News27 February 2025India and EU Strengthen Science and Technology Ties with High-Level Delegation Meeting
