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Maruti Suzuki's Gujarat plant hits 3 mn production milestone, fastest in firm’s history

Maruti's board of directors recently granted approval for the acquisition of SMG from SMC, with a total purchase consideration amounting to Rs 12,841.1 crore. As a result, the largest carmaker in the country now holds ownership of SMG.Read more

ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability

Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.Read more

IntelliSmart wins India's largest smart metering project worth Rs 20,000 cr

The substantial contract encompasses the deployment of approximately 1.7 crore smart meters across four states—Uttar Pradesh, Assam, Bihar, and Gujarat.Read more

Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration

In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more

India aims to lead global semiconductor industry amidst supply chain challenges

Suraj Rengorajan, Chief Technology Officer at Applied Materials, highlighted India's capability to alleviate the global semiconductor talent at Bengaluru Tech Summit 2023.Read more

ENGIE commences construction of 400?MW Solar PV Project in Gujarat

ENGIE secured its position as a favoured bidder with a 25-year Power Purchase Agreement (PPA) signed with Gujarat Urja Vikas Nigam.Read more

Tesla nearing deal for India Entry, possible factory setup by 2025

Tesla is prepared to make an initial investment of approximately $2 billion in any plant, with plans to increase purchases of auto parts from India to potentially $15 billion.Read more

Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana

Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more

ABB, Titagarh forge strategic partnership for Metro Propulsion Systems in India

The agreement encompasses Titagarh purchasing ABB propulsion systems, including traction converters, auxiliary converters, traction motors, and train control management system (TCMS) software.Read more

Mandal Becharaji SIR transforms into Auto Manufacturing Hub in Gujarat

Spanning 102 square kilometers, the region includes nine villages: Hansalpur, Sitapur, Ughroj, Ughrojpura, Bhagapura, Gitapur, Ukardi, Chandanaki, and Shihore.Read more

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