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Mahindra's bold move: 30% of auto production to be electric by 2027
Anish Shah, the Managing Director and CEO of Mahindra and Mahindra, unveiled the company's strategic vision at the Davos 2024 World Economic Forum.Read more
India targets 28 nm and above chip market, says Ashwini Vaishnaw at WEF
Ashwini Vaishnaw, the Union Minister for Electronics and Information Technology mentioned that India boasts around 300,000 design engineers involved in the development of nearly every sophisticated chip globally.Read more
GODI India becomes 1st to attain LFP BIS certification for indigenous Li-ion cells in India
GODI achieved a milestone by developing India's first in-house NMC811 cathode material-based Li-ion cells, BIS certified in mid-2022.Read more
Maharashtra secures investment MoUs worth $ 44 billion at WEF 2024
At World Economic Forum (WEF) 2024, the state was able to attract a total investment of Rs 4.5 lakh crore, with a potential to create about 2 lakh jobs in various sectors including electronics, IT/ITeS, data centers, gems & jewellery, agriculture, auto and renewables.Read more
Honeywell CEO unveils growth plan focused on aviation, automation, energy transition
In a noteworthy announcement, Honeywell's Global CEO, Vimal Kapur expressed confidence in the growth potential of Honeywell's business in India, foreseeing a doubling of its size over the next five years.Read more
Hyundai to invest Rs 7,000 cr in Talegaon, marks first venture outside Tamil Nadu
It was a pleasure meeting Kim Unsoo, MD and CEO of Hyundai Motor India (HMI), along with Executive Director J W Ryu and HMI senior officials, said Devendra Fadnavis, Maharashtra Deputy Chief Minister on X.Read more
Maha govt & Gogoro to partner on Ultra Mega Project for Smart Battery Infrastructure
Maharashtra’s Ultra Mega Project offer outlines an eight year phase 1 investment plan that includes more than $500 million investment in manufacturing and $1 billion in smart battery infrastructure.Read more
Schneider Electric urges companies to invest in sustainable technologies
Most companies planning to spend less than 2 per cent of their revenues on sustainable initiatives and decarbonisation, revealed a report by Schneider Electric. The issue also formed a backdrop for discussion at Word Economic Forum’s annual meeting.Read more
First ever Indian Drone Startup at WEF DAVOS 2023
Indian drone startup, Garuda Aerospace presented the carbon-neutral drone at the Indian Sustainability Lounge at Davos 2023 hosted by World Economic Forum. DGCA approved and made-in- India drones to disrupts the Indian industriesRead more
Taiwan's Gogoro and Belrise to build $2.5 bn battery swapping infra in India
Gogoro and Belrise Industries will set up the world’s largest sustainability-focused portable energy system with the battery-swapping ecosystem in Maharashtra.Read more