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Lenovo report shows 95% of Indian CIOs favor AI investment for 2024

According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more

Sterling & Wilson Renewable Energy Selects Nextracker NX Horizon™ Solar Trackers

Nextracker was selected by SWRE to supply its flagship solar trackers for phase two (1.5 GWdc) and phase three (375 MWdc) Solar Projects at NTPC Renewable Energy Limited’s solar park in Khavda, Rann of Kutch, Gujarat.Read more

Acer, Asustek boost manufacturing operations in India amidst stricter import rules

Acer and Asustek, have unveiled their intentions to amplify manufacturing operations in India.Read more

Xiaomi urges India for support amid component supplier hesitancy

In a letter dated February 6, the company also urges India to consider providing manufacturing incentives and reducing import tariffs for specific smartphone components.Read more

Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh

With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more

SIAM hosts 3rd edition of the Global Electrification Mobility Summit

The Society of Indian Automobile Manufacturers (SIAM) hosted the 3rd Global Electrification Mobility Summit (GEMS) on the second day of the Bharat Mobility Global Expo 2024 at Pragati Maidan.Read more

Grew Energy explores sideways integration amid aggressive expansion plans

Grew Energy secured a Rs 567 crore incentive from the central government for a solar equipment manufacturing facility under the Production Linked Incentive (PLI) scheme.Read more

Indian exporters navigate global shipping challenges amidst Red Sea conflict

Dr Ajay Sahai, the DG and CEO of the Federation of Indian Exporters Organisation urged for local production of corrugated steel, a component not presently manufactured in India, through backward integration.Read more

HPL Electric & Power clinches Rs 240 cr Smart Meter Order from AMISP

Gautam Seth, Joint Managing Director of HPL Electric, expressed optimism about these developments, anticipating a future of stability and growth for HPL in the smart metering industry.Read more

Balaji Amines surges 3% on mega project status

The company is set to embark on a capital expenditure (capex) for a new product, n-Butylamine, with a production capacity of 15,000 metric tons per annum.Read more

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