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EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
Reliance Industries explores entry into Semiconductor Manufacturing
At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more
AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha
The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more
Anant Raj to invest Rs 10,000 crore in 300 MW Data Centre Project
To oversee the operations of these data centres situated in Manesar, Rai, and Panchkula in Haryana, Anant Raj has established a subsidiary named "Anant Raj Cloud."Read more
Fan Industry revives amidst rising demand and energy efficiency transition
The Indian fan industry boasts an estimated worth of approximately Rs 10,500 crore, with approximately 200 entities operating in the segment, including 14 well-known brands.Read more
Bostik presents the world’s first RecyClass Specialty Films & Flexible Packaging Global Summit 2023
Bostik, a leading global adhesive specialist for industrial, construction and consumer markets, showcased Bostik SF10M, the world’s first RecyClass approved laminating adhesive, at the 10th Specialty Films & Flexible Packaging Global Summit.Read more
Asia's export powerhouses face manufacturing slump amidst weak demand
According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more
RIL unveils ambitious new energy ventures
Dhirubhai Ambani Green Energy Giga Manufacturing Complex, Solar PV Manufacturing Ecosystem, Solar PV Manufacturing Ecosystem, Cost-Efficient Wind Power Generation, Battery Giga Factory, and Sodium-Ion Battery Technology, Green Hydrogen are included project names.Read more
Global majors are shifting their R&D base to India
…says T V Mohan, Country Head and Managing Director - India, Andreas Maier Workholding Technology, the Indian subsidiary of the European-major, AMF. It provides over 5000 products in the field of the fields of clamping, hand tools and locks. He added that they are also looking to increase the quantum of local content in the future.Read more
Yuma Energy collaborates with MCD, BRPL for battery swapping stations
As part of the collaboration Yuma Energy will set up battery swapping stations across Delhi in a move to support the evolving e-mobility ecosystem in the capital. Yuma currently supports half a million swaps and serves 125,000 customers every month.Read more