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Sajjan Jindal looking to get into Indian auto market, buys stake in MG Motor India
Industrial tycoon Sajjan Jindal is orchestrating the formation of a new company with this stake and subsequently taking over Ford's Chennai factory through this new entity.Read more
Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai
Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more
Indian cold chain market expected to reach Rs 4.3 tn by 2027 with a CAGR of 14.27%
The data revealed during REFCOLD India, 2023, South Asia's leading exhibition and conference dedicated to refrigeration and cold-chain technologies, commenced at the Chennai Trade Centre.Read more
Nokia's Chennai factory milestone, 7 mn telecom units produced in 15 Year
This achievement coincides with the factory's fifteenth anniversary and underscores its pivotal role in bolstering telecom equipment manufacturing within the country.Read more
HCLFoundation and Stanley Black & Decker join forces for manufacturing skills development
The partnership aims to provide skills training to Indian youth, enhancing their employability in the manufacturing sector.Read more
Danfoss launches made in India hydraulic hoses, Winner EC110 and EC210
By manufacturing Winner EC110 and EC210 range of hydraulic hoses in India, Danfoss Power Solutions (DPS) business takes a significant step towards delivering high-quality, reliable fluid conveyance solutions for the Indian market and promoting localised Read more
Asus boosts Make-In-India with key manufacturing shift from China to India
With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
Indian premium lighting industry targets 100% domestic value addition
Anticipating a surge in demand, the industry aims to double the level of localisation over the next three years.Read more
First Solar commences production at Indian Plant with $684 mn investment
The American company, First Solar that is establishing its inaugural manufacturing facility in India near Chennai, at Sriperumbudur, has initiated production.Read more