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Amara Raja Batteries to invest Rs 9,500 cr to build Li-ion battery Gigafactory
The proposed facility at Mahbubnagar district in Telangana will have a Lithium Cell Gigafactory with ultimate capacity up to 16 GWh and a Battery Pack Assembly unit up to 5 GWhRead more
ABC to invest Rs 500 billion to build hydrogen facility in Karnataka
ABC Cleantech has signed an MoU with the Government of Karnataka as a part of Invest Karnataka 2022 for setting up a green hydrogen production unit of 0.2 million tonnes/annum and 1 million tons/annum of green ammonia integrated with 5 GW of renewable energy projects with an investment outlay of Rs 500 billion. Read more
Numeric establishes centre of excellence for UPS maintenance
Under the aegis of the Legrand CSR initiative, Numeric, one of the leading UPS manufacturers in India, has set up a Centre of Excellence at GLA University, Mathura, to roll out a UPS maintenance training program for students aimed at generating industry ready talent.Read more
Toyota Kirloskar invests Rs.48 bn in Karnataka to ramp up manufacturing
Toyota aims to enhance electrification & shift towards greener technologies.Read more
3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India
3i EXPO & Conference - hosted by Industrial Products Finder (IPF) from May 20-21, 2022 in Mumbai - received an arousing response from the Indian manufacturing sectors with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc visiting the event.Read more
Toyota Kirloskar to invest Rs 48 bn in Karnataka to ramp up manufacturing
Toyota Group Signs MoU with Government of Karnataka for Big InvestmentsRead more
Procurement through GeM touches Rs 1 lakh cr in 2021-22
Procurement from micro & small enterprises (MSEs) via Government e Marketplace (GeM) was 57% of the total Gross Merchandise Value (GMV) currently with a growth of 143% compared to last FY.Read more
Iris Global supplies partner with Aadhar UID kits, Lava Mobiles
IT distribution company Iris Global Services has recently delivered its partner – Instant Procurement Services Pvt Ltd - with kits for Aadhar enrollment under the UID project & Lava Mobiles under the Tripura Government Family Health Welfare scheme.Read more
India records 54% jump in engineering goods exports in 9M 2021-22
Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more
Tata Motors to set up vehicle scrapping facility in Maharashtra
Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more