Business briefs

Ferrero India Friday said it has signed a memorandum of understanding with the Pune Zilla Parishad to design and construct eight Anganwadi centres each at different locations close to its production plant at Baramati in the next three years. Ferrero India, set up under the Michele Ferrero Entrepreneurial Project, is committed to creating growth opportunities for local communities and will make a pro-bono contribution for the construction of eight Anganwadi centres, the company said in a statement.

"The Michele Ferrero Entrepreneurial Project of the Ferrero Group was established to create job opportunities in disadvantaged areas of emerging countries aimed at fighting unemployment and to support social and humanitarian initiatives in education and health care for children of the communities where its production plant operate. Such initiatives are funded regardless of whether or not the participating companies – in India, Cameroon and South Africa – operate at a profit," the company added. * * *

Indo-Canadian Chamber of Commerce, TPCI to work together for boosting bilateral trade

* A high-level delegation of Indo-Canada Chamber of Commerce (ICCC) was on a 10-day visit to India to discuss ways to increase bilateral trade between the two countries, the commerce ministry said Friday. ICCC President Pramod Goyal said the focus of the delegation was on sectors such as infrastructure, information and communication technology, advanced manufacturing, financial services, tourism, education and skills development, it said.

The Trade Promotion Council of India (TPCI) assured the visiting delegation of facilitating technology transfer and trade promotion.