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India to become leading solar PV exporter to US: Report

The report underscores that the Inflation Reduction Act (IRA) has provided a solid framework for renewable energy investments, particularly in solar energy, which has grown to 178 GW in 2023 from 15 GW in 2013. Read more

RSB Group celebrates 50 years of automotive journey; Aims 3x growth in 3-4 years

The company has adopted a strategic revenue mix, aiming for 75% from traditional auto components and 25% from EV components over the next five years.Read more

JK Tyre becomes India’s first tyre company to join RE100

The company has set a primary objective to incrementally increase the utilisation of renewable energy by 2-5% annually and has consistently pursued the installation or procurement of green energy sources across its manufacturing facilities. Read more

BEML submits lowest bid for 70 driverless trains for Chennai Metro Phase II

The contract is valued at approximately Rs 36 billion, with the trains likely to be produced in Bengaluru. Read more

Eplan Network 2024 to be held in Pune on November 21

The event, which will explore the latest advancements in the ecosystem of automation, will bring together professionals from across the industry to share knowledge, explore solutions and inspire innovation.Read more

India to become Siemens' top market by 2027

Siemens is expanding its existing network of 32 factories in India, with a recent €100 million investment directed towards capital expenditure, supporting growth in its infrastructure, industrial, and mobility segments.Read more

India sets ambition to become global drone manufacturing hub: Rajnath Singh

Singh outlined adaptive defence as a strategy requiring situational awareness, flexibility, resilience, and integration with advanced technologies to respond effectively to unpredictable challenges.Read more

BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

Mahanagar Gas partners with IBC to build lithium-ion cell plant in Bengaluru

Designed to meet India’s specific needs, the lithium-ion cells offer features like long warranties, fast charging, safety, high-temperature performance, recyclability, and easy integration into battery packs.Read more

Climaveneta to invest Rs 4 billion in Bengaluru facility expansion

CCT, a leading chiller manufacturer with an order book exceeding Rs 5 billion, aims to double its annual order intake and achieve Rs 10 billion in revenue within the next four to five years.Read more

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