Edelweiss Alternatives, Japan's JEXWAY tie up to upgrade India's highway management
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- ✓Edelweiss Alternatives and Japan’s JEXWAY announced a strategic arrangement on Thursday to upgrade India’s highway management.
- ✓JEXWAY will invest in Citius TransNet and share technical expertise with Sekura India Management.
- ✓This partnership aims to bring Japanese operational practices to India’s roads, as JEXWAY seeks growth in Asia’s expanding infrastructure market.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Edelweiss Alternatives and Japan Expressway International Co., Ltd. (JEXWAY) announced a strategic arrangement on Thursday to exchange technical expertise and invest jointly in India's transport infrastructure, marking a significant cross-border partnership in the sector.
The deal has two components. First, JEXWAY will make a capital investment in Citius TransNet Investment Trust, managed by EAAA TransInfra Managers Limited, an Edelweiss Alternatives entity.
Second, JEXWAY will enter a long-term technical services exchange with Sekura India Management Limited (SEKURA), Edelweiss Alternatives' asset operations and management platform.
The arrangement is aimed at bringing Japanese expressway operational practices to India's highway networks, while giving JEXWAY exposure to one of Asia's fastest-growing infrastructure markets.
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