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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

Bonfiglioli invests Rs 3.2 billion in new industry and automation facility

The facility will feature machinery, create 150-200 job opportunities, and cater to growing domestic demand for heavy-duty industrial gearboxes.Read more

Cisco inaugurates India router manufacturing factory in Chennai

This first phase of the project is expected to generate 1,200 jobs and bring in approximately $1.3 billion from both domestic and international markets.Read more

Rockwell Automation to establish new manufacturing facility in Chennai

Expected to open in the first half of 2025, the new facility is strategically chosen to create synergies with the CUBIC site, thereby increasing productivity and operational efficiency in the region. Read more

CEAT inaugurates new Truck Bus Radial (TBR) line at Chennai facility

With a 25% green cover, 40% of the plant’s energy is sourced from renewable energy, including a 5 MW solar rooftop installation, with plans to increase this to 50% by 2025. Read more

Kavach 4.0 tenders to be issued for 20,000 locomotives for 2024

The initial tenders cover the Delhi-Chennai and Mumbai-Chennai routes, totalling 3,300 Rkm, as well as key automatic sections spanning 5,000 Rkm. Read more

Godrej and Boyce to expand in Chennai with Rs 3.5-4 bn manufacturing facility

The 27-acre Ambattur plant currently has a capacity of 90,000 tonnes per annum and has reached up to 66,000 tonnes during peak times.Read more

Shibaura Machine India opens Rs 2.25 billion injection moulding machine facility

Over the next 3-4 years, SMI expects to create new jobs and develop approximately 50 MSME vendors to support the expansion.Read more

LatentView Analytics acquires 70% stake in Decision Point for $39.1 million

Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more

MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor

The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more

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