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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Antwerp eyes diamond polishers, clean fuels from India
By Aneesh Phadnis · 2026-06-13 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Johan Klaps, Antwerp Vice Mayor for port and economy

Johan Klaps, Antwerp Vice Mayor for port and economy

Antwerp in Belgium is optimistic of attracting diamond polishers from India with a simplified immigration process to regain leadership in global trade, Johan Klaps, city’s Vice Mayor for port and economy said on Saturday.

Klaps, who is also the Chairman of port of Antwerp-Bruges, met diamond traders and executives of Indian companies to discuss trade opportunities. Sustainability is also high on agenda with the port developing facilities for import of clean fuels from countries including India.

Antwerp, which is a key centre for diamond business, has faced crisis in the last few years with competition from hubs such as Dubai, pressure on trade from lab grown varieties and the European Union sanctions on Russia which limited the flows of precious stones through the city. Additionally, a shortage of talented work force is impacting the diamond industry in Belgium. 

Last December, the government eased immigration process to enable local companies to hire sorters and polishers from overseas.

“The diamond industry in Belgium is very enthusiastic and happy with the government decision. We are supporting it because it is important for us to keep the industry in the city,” Klaps said. 

He said the diamond industry in Antwerp which handles large expensive natural diamonds needs a critical mass of top polishers. “ We don’t have enough people doing the job. There is a school for diamond polishers in Belgium but few students want to take up the course.Of course we want to train our own people but if we can’t get them then let’s get the best talent from overseas.This is our strategy,” Klaps added.

Sustainability agenda 

The port of Antwerp-Bruges, which is second busiest in Europe, is investing in a new dock and automation for capacity expansion. While the India -EU free trade agreement is expected to boost flow of goods, Antwerp is also looking to India as a potential supplier of clean fuels to support energy transition needs of local industries.

“We are looking into all the possibilities. Today we aren’t in a phase where we are talking concretely with one or other company to do so. The Adani group has presented itself as a possible partner. They already do business in Antwerp and so they are coming over and discussing it further with us,” he said.

“We are a public authority and we remain neutral to all parties,” said William Demoor, the port’s chief customer relations officer.

“China has taken a big leap towards green energy flows but if you look at the speed at which India is shifting to green energy it is impressive and we want to understand more about it,” Demoor added.

Published on June 13, 2026