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Rs 270 billion Tata Electronics chip plant to be active from 2025
The plant will produce 48.3 million chips per day using indigenously developed technologies.Read more
Kalyani Strategic Systems acquires license for defence manufacturing
KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
CG Power acquires majority stake in GG Tronics for Rs 3.19 billion
The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more
Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus
Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more
Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion
This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more
Trane unveils air handling unit to address ac equipment installation challenges
Traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labour-intensive.Read more
Shinryo Corporation to acquire 85% stake in GMP Technical Solutions
The stake will be acquired from Pune-based engineering and real estate firm Vascon Engineers Ltd.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
Ashok Leyland subsidiary Hinduja Tech to acquire TECOSIM Group
The organisations intend to establish a unified brand strategy that embodies their shared vision and dedication to providing superior technical services. Read more