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Toshiba to invest JPY 10 bn in growing Indian manufacturing unit by 1.5 for T&D equipment
With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Read more
KEC International secures Rs 11 billion T&D orders globally
The YTD order intake has exceeded Rs 60 billion.Read more
Nothing joins ‘Make in India’ movement with CMF Phone 1 India manufacturing
The goal is to deliver high-quality products while supporting the local economy and creating job opportunities.Read more
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more
Chip design firm SiliConch bought by L&T Semiconductor for Rs 1.33 billion
The terms of the deal involve a deferred payment of Rs 500 million over four years.Read more
Waaree Energies subsidiary Indosolar, inaugurates 1.30 GW solar module facility
The factory is expected to accelerate employment opportunities, and contribute towards propelling India's journey towards achieving net-zero emissions.Read more
ABB India funds educational programs in 148 Karnataka government schools
These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more
EV startup River to open Rs 10 billion manufacturing facility in Telangana
The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more
Godrej & Boyce delivers 12.5MWp rooftop solar project in MP
The solar rooftop installation will enable the facility to utilise green energy, resulting in an estimated annual saving of 17 million kWh. Read more