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India aims to lead global hydrogen equipment market, expects $50bn industry by 2030
The report, titled ?Hydrogen Equipment Manufacturing and Services,? outlines the market breakdown, allocating 34% for electrolyser stacks, 62% for Balance of Plant equipment, and 4% for specialised engineering services.Read more
Yokohama accelerates local tire production in India
Yokohama Rubber, operating in India through a wholly-owned subsidiary, is constructing a new facility in Visakhapatnam, supplementing its existing plant in Bahadurgarh, Haryana.Read more
VinFast Auto explores Indian manufacturing, eyes entry into EV market
VinFast Auto proceeds with this investment plan, it would mark a significant milestone as the first Vietnamese automaker to establish a presence in India.Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
Indian Biogas Association secures Rs 2,755 cr investments at REI Expo 2023
Gaurav Kedia, Chairman of IBA, revealed that the association, representing bioenergy plant operators, manufacturers, and planners, received these commitments during the expo.Read more
Indigenous light tanks project gains momentum with Cummins partnership
The development of indigenous light tanks under "Project Zorawar" is indeed a significant step for India in bolstering its defence capabilities, especially in the challenging terrains of Ladakh.Read more
Arrest of Lava International founder shakes mobile manufacturing industry
ICEA chairman Pankaj Mohindroo expressed deep concern, acknowledging the plummeting morale within the industry and the discouragement felt by national champions.Read more
Serge Ferrari Group announces new JV in India with Agastya Invention
Serge Ferrari Group together with Agastya Invention Private Limited announced the launch of joint venture, ?Biomembrane Systems India Private Limited? a specialized company offering robust and efficient containment solution for biogas storage.Read more
Experts converge at Indian Industry Bodies Meeting on Quality Infrastructure by NABCB
Meeting held on October 13, 2023, highlighted crucial aspects of challenges and future needs for Quality Infrastructure among various industries including Electronics, IT, Telecom, and Engineering & Capital Goods Sectors.Read more
Indian cold chain market expected to reach Rs 4.3 tn by 2027 with a CAGR of 14.27%
The data revealed during REFCOLD India, 2023, South Asia's leading exhibition and conference dedicated to refrigeration and cold-chain technologies, commenced at the Chennai Trade Centre.Read more