Comments
Export Development Canada (EDC) and Tata Sons have entered into an agreement, under which the former will provide up to $500 million every year in financing for Tata companies. EDC will underwrite loans under the agreement as opportunities arise for Canadian companies, particularly small-to medium-sized exporters (SMEs), within Tata companies’ global supply chains. Tata Group companies hire about 3,000 employees in Canada. Their facilities include an IT development centre (Ontario), telecommunications facilities (Quebec and Ontario), iron ore mining (Quebec) and soda ash distribution centres (Quebec and New Brunswick).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.