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Hindalco Industries to invest Rs 800 cr in new battery foil plant in Odisha
The new plant will augment the company's manufacturing capacity for high-quality aluminum foil, essential for rechargeable batteries, to cater to the rapidly expanding market for electric vehicles (EVs) and energy storage systems.Read more
Hindustan Aeronautics to invest Rs 2000 cr on R&D for avionics
The HAL will also showcase its rich legacy in the design, development and production of a diverse range of avionics systems at Avionics Expo 2023 in Delhi on December 7 and 8.Read more
PLI scheme: The way forward
The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
ABB, Titagarh forge strategic partnership for Metro Propulsion Systems in India
The agreement encompasses Titagarh purchasing ABB propulsion systems, including traction converters, auxiliary converters, traction motors, and train control management system (TCMS) software.Read more
Vedanta in talks with Innolux for display fab in India
A spokesperson from Vedanta's semiconductor and display business confirmed to PTI that discussions are underway for the establishment of a display fabrication facility.Read more
NHSRCL launches high-tech track slab facility in Anand, Gujarat
This facility, sprawling across 1 lakh square meters, is equipped with state-of-the-art technology dedicated to producing track slabs essential for the ballastless track works of the MAHSR project.Read more
Electronica India, productronica India shine spotlight on Indian electronics industry
Trade fairs electronica India and productronica India, held from September 13 to 15, 2023, witnessed 39,133 visitors and over 1,800 buyer-seller meetings. Events shaped the future of electronics manufacturing with special focus on emerging segments such as semiconductor manufacturing, display manufacturing and electric vehicles.Read more
Indian govt develops Rs 120 bn PLI scheme for heavy machinery in mining, construction
Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more
Samson Controls celebrates expansion in alignment with Atmanirbhar Bharat Abhiyan
Samson Controls Pvt Ltd (SCPL), a wholly-owned subsidiary of Samson AG, Frankfurt, is a major player in the industry with two manufacturing units in Ranjangaon, Pune, and a network of eight sales offices and three service centres across India.Read more