Indian Firms and Global Partners Announce Major Deals

In early July 2026, several major business deals involving Indian companies and international partners were announced. India is accelerating the sale of stakes in state-owned companies to cover costs from an oil price shock. Japanese banks committed $496 million to expand India's power grid, and the Adani Group signed an $11.5 billion aluminium project agreement with an Abu Dhabi group. Kotak agreed to buy Deutsche Bank's retail operations in India, while Microsoft partnered with Singapore's Lightstorm to build an undersea cable linking India and Southeast Asia.