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G&B unveils India’s first lithium-ion cell forklift with 100% indigenous BMS

The benefits of Li-ion technology are extensive and transformative, offering more than 4 times longer battery life compared to traditional lead-acid batteries. Read more

NMDC Steel successfully produces 1 million tonnes of hot rolled coil

The 3 MTPA steel plant is set up with an investment of Rs 229 billion houses one of the widest Hot Strip Mills in India, capable of rolling HR coils of 900 mm to 1650 mm width in 1 mm to 16 mm thickness.Read more

India Inc. to invest $45-50 billion annually over next 1-2 years

Moody’s projects that rated Indian companies will invest approximately $45 billion to $50 billion annually in new capacity over the next one to two years.Read more

Servotech Power Systems to build 12 EV charging stations for ANERT

As the demand for EV mobility grows, there is a corresponding requirement for convenient and accessible charging infrastructure for electric vehicles.Read more

General Motors lays off over 1,000 software and services employees globally

The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more

Birla Opus targets Rs 100 billion turnover with expanded manufacturing

These facilities will produce a diverse range of paint products, including innovative offerings not yet available in their portfolio.Read more

DEE Development’s total income rises by 18% YoY, reaching Rs 1.88 million

he total order book as of June 30 2024, stands at Rs 8.03 billion. Read more

Euler Motors unveils Rs 1 billion EV factory in Haryana; to supply 36,000 EVs

The plant features advanced automation technologies, including an EMS Hanger system for efficient vehicle handling, Trailing Arm Fitment Assist for improved assembly, and a vacuum-based brake oil filling machine to reduce spillage.Read more

Tata Systems to secure 100 wheeled armored vehicles order for from Indian a\Army

A Request for Information (RFI) may be issued soon, marking an initial step to gather details from potential suppliers before a formal Request for Proposal (RFP) is released.Read more

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more

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