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India Resurgence Fund to acquire Anthea Aromatics for $125 million
IndiaRF, which raised its inaugural $629 million fund with contributions from the Canada Pension Plan Investment Board (CPPIB) and World Bank’s IFC, invests across industrial, infrastructure, and consumer sectors, focusing on revitalising companies through recapitalisation and operational reformsRead more
ABB India upgrades Faridabad plant to enhance sustainability efforts
The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more
IIT Bombay partners with ABB India to set up electrical machines and drives lab
The teaching lab will feature energy-efficient, mechanically coupled electrical machine sets, variable frequency drives (VFDs), and programmable logic controllers (PLCs), focusing on delivering practical training in electrical machines and drives. Read more
Škoda Auto Volkswagen India plays a vital role in ethical sourcing of Indian coffee
The byproduct, coffee bean husk, is used as a tanning agent for leather seats in Škoda Kodiaq and Octavia models, supporting the circular economy.Read more
GST Council introduces Reverse Charge Mechanism on metal scraps
Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more
ABB India and ESSCI make smart centre for electrician training in Haryana
The electrician training initiative will involve an end-to-end program management solution to screen and select the right candidates, train them, and provide job opportunities locally.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
ABB drives energy efficiency in Indian industries with high-quality motors
ABB India's IEC low voltage motors are not just enhancing industrial processes, but are also leading the charge towards energy efficiency in Indian industries, writes Karthik Muthuveeran. Read more
Abilities India to drive revenue growth with patented technologies
Abilities India announces the patent for its groundbreaking High-Pressure Die Casting (HPDC) process for lightweight piston manufacturing; expected to reduce the weight of 2W/3W pistons by 10-15%.Read more
Skoda-VW hits 1.5 million production mark in India
In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more