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of <h1>India's Competition Commission Approves Nippon Express's 22% Stake Acquisition in Future Supply Chain Solutions.</h1> The Competition Commission of India has approved Nippon Express (South Asia Oceania) Pte. Ltd.'s acquisition of approximately 22% of Future Supply Chain Solutions Limited's share capital. Nippon Express, a subsidiary of Japan-based Nippon Express Co. Ltd., operates in the South Asian and Oceania regions, offering comprehensive logistics services. Future Supply, an Indian logistics provider, specializes in automated and IT-enabled warehousing, distribution, and logistics solutions, including contract, express, and temperature-controlled logistics. The acquisition aligns with Nippon Express's strategy to enhance its logistics capabilities in India. A detailed order from the Commission will be issued subsequently.
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