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ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more
HFCL secures Rs 67 cr order for optical fiber cables, also expands capacities
Scheduled for completion by April 2024, the order entails HFCL delivering various types of optical fiber cables tailored to meet the customer's specifications.Read more
Siemens to invest Rs 416 crore for expanding manufacturing capacity in India
The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more
Bizongo boosts AI offerings with acquisition of FactoryPlus
The integration of FactoryPlus into Bizongo's platform will enable the provision of an AI-powered raw material procurement solution for MSMEs.Read more
IOCL proposes doubling LNG Capacity at Ennore Terminal to meet growing demand
Currently, the terminal has a processing and storage capacity of 5 million metric tonnes per annum (MMTPA) of LNG.Read more
Renew Power plans Rs 44,000 cr investment for 9 GW capacities by FY26
Currently possessing an installed capacity of 9.5 GW, the company plans to invest in both wind and solar projects.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Lubrizol, Grasim Industries break ground for CPVC resin plant in Gujarat
The facility located at the Grasim Industries? site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications.Read more
Piyush Goyal urges Indian industries to transform India into Global Manufacturing Hub
The discussions took place on 12 sectors, including textiles, capital goods, defence, aerospace, space, metals, leather, mining, energy, food processing, chemicals, medical devices, and drones.Read more
Innovative woven soft robotic gripper revolutionises object handling
Soft robotic grippers have gained popularity for their ability to handle delicate objects using soft and flexible materials like cloth, paper, and silicone, mimicking a robot's hand.Read more