Peru Antonio José de Sucre they defeated the larger Spanish army in the Battle of Junín on 6 August 1824 and the decisive Battle of Ayacucho on 9 December of the same year, consolidating the independence of Peru and Alto Peru. Alto Peru was later established as Bolivia. During the early years of the Republic, endemic struggles for power between military leaders caused political instability. From the 1840s to the 1860s, Peru enjoyed a period of stability under the presidency of Ramón Castilla, through increased state revenues from guano exports. However, by the 1870s, these resources had been depleted, the country
India–Peru relations Peru. Tata Consultancy Services operates in Lima, and Tech Mahindra began operating in the country after it acquired Israeli company LeadCom. Redbus acquired majority stake in Peruvian company Busportal.pe. All major Indian pharmaceutical companies have a representative office or local subsidiary in Peru. Peruvian beverage manufacturer AJE Group opened an Indian subsidiary, AJE India Pvt. Ltd., in Maharashtra to manufacture soft beverages. The subsidiary began operation in December 2010, and invested $15 million in India by 2016. Machinery firm Resemen S.A.C. established a subsidiary in New Delhi called Reliant Drilling Ltd., after it was awarded a contract from Hindustan Zinc