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Taiwan firms aim to power India's automation future
At the Taiwan Excellence pavilion in Automation Expo 2024, 17 leading Taiwanese brands in the field of machinery, automation, equipment & components, industrial PC, and IOT devices showcased their latest advancements in factory automation. Read more
Waaree Energies appoints Aniruddha Khekale as Chief Human Resources Officer
In his new role, Aniruddha Khekale will lead company’s human resources strategies, digital transformation, talent management programs, and employee engagement initiatives. Read more
Tata Motors inks MoU with DE and Thunderplus to fit 250 fast-charging stations
E-commerce companies, parcel & courier service providers, among other industries, are increasing the adoption of commercial EVs for the last-mile deliveries to reduce their carbon footprint. Read more
India to surpass China in new energy sector
Projections from NITI Aayog suggest that by 2030, India's green ammonia production costs could be approximately 29% lower than China’s and 43% lower than Australia’s. Read more
EU lowers planned tariff on Tesla's china-made electric vehicles to 9%
The tariffs are in addition to the EU's standard 10% duty on car imports.Read more
Servotech Power Systems to build 12 EV charging stations for ANERT
As the demand for EV mobility grows, there is a corresponding requirement for convenient and accessible charging infrastructure for electric vehicles.Read more
Vishnu Chemicals acquires Jayansree Pharma in Rs 520 million deal
Vishnu Chemicals is set to buy 100% of JPPL’s shares within the next three months.Read more
PI Industries plans Rs 8 – Rs 9 billion capex in FY25
More than 40% of the new products that we are commercialising are all non-Agchem. Read more
Birla Opus targets Rs 100 billion turnover with expanded manufacturing
These facilities will produce a diverse range of paint products, including innovative offerings not yet available in their portfolio.Read more
Ola to launch India’s first AI chip by 2026
Ola’s AI subsidiary, Krutrim, is spearheading the development of this AI chip, which, if successful, will position Ola as a competitor to industry giants like Nvidia, AMD, and Intel. Global tech leaders such as Meta, Google, Apple, and Amazon are also in the race to develop proprietary AI chips.Read more