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HCL Group plans to invest $300 mn in a semiconductor facility in India
The HCL Group is preparing to venture into the rapidly evolving semiconductor ecosystem and is on the verge of submitting a proposal to the government to establish a semiconductor unit.Read more
Alstom onboards 700 engineers under Young Engineering Graduate Program
Alstom launches two month Young Engineering Graduate Program (YEGP) 2023 that will onboard the fresh hires in batches until end of August 2023.Read more
ABB India bags contract for ArcelorMittal Nippon Steel India
Order placed through original equipment manufacturer John Cockerill India (JCIL) for the new advanced steel processing lines at the AM/NS India’s flagship Hazira plant in Gujarat.Read more
Vedanta appoints in YJ Chen as the CEO of its display business
After establishing four display panel fabs globally, YJ Chen joins Vedanta as Chief Executive Officer (CEO) of Display businessRead more
Schaeffler India expands industrial production capacity
Inaugurates new manufacturing hall in Savli, Vadodara, to meet growing market demands.Read more
Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more
CUMI is developing graphene-based composites for lighter, stronger aerostructures
Murugappa Group’s Carborundum Universal Limited (CUMI) is extensively working in the field of graphene manufacturing. Graphene is 10,000 times thinner than human hair and 1,000 times lighter than paper, says N Ananthaseshan, Managing Director, CUMI in this interview while talking more about various usage of the material in different industries like defence and aerospace.Read more
Avaada Energy gets LoI for 400 MW DC Solar Project from GUVNL
The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under green shoe option at a tariff of Rs 2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Read more
Global specialty chemical firm Lubrizol to invest $ 150 mn in India
As part of this investment plan, Lubrizol and Grasim Industries will set up India’s largest CPVC resin plant in Vilayat (Gujarat). Lubrizol will also double its existing CPVC compound capacity at Dahej (Gujarat), from existing 70,000 MT to 140,000 MT. Read more
4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030
‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more