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Indian govt considers exempting key EV components from localisation norms
However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more
THK India unveils facility in Sri City for linear motion innovation
This facility stands as THK's sole production unit in India, specializing in the manufacture of linear motion guides and equipment for diverse applications across various sectors.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.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
New RISE accelerator boosts circular economy collaboration between Indian, Australian startups
It is developed in collaboration between CSIRO and Atal Innovation Mission (AIM), the flagship initiative of the Indian government promoting innovation and entrepreneurship.Read more
Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins
Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more
Spanish firms eye high-speed rail and defence projects in India
Dominguez mentioned that Spain's state-owned defense firm, Navantia, is in contention for a contract to build six submarines for India under Project 75 (I).Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Tata Chemicals Mambattu Facility recieves Gold IGBC Certification for Green Practices
The evaluation encompassed five key environmental categories: Site Selection and Planning, Water Conservation, Energy Conservation, Material Conservation, and Indoor Environmental Quality and Occupational Health.Read more
Detroit Engineered Products hosted ESP conclave in three major Indian cities
The event centred on the theme of "Achieving Engineering Efficiency with the latest in CAE technology" was conducted in three major cities - Pune, Bangalore and Chennai.Read more