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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
Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components
The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more
Centre plans Master App for real-time EV charging slot availability
A stakeholder meeting was organized by Niti Aayog on June 7, where representatives from companies operating public EV chargers discussed the app and potential plans for a beta version in the coming weeks.Read more
Bosch Power Tools India celebrates 30 years of engineering excellence
Marking three decades of operations, Bosch Power Tools India has expanded its presence to over 600+ districts across the country. The company's commitment to sustainability and innovation has driven its success in the power tools industry.Read more
JCBL-MSL partners with Indian Railways for Vande Bharat Components
The MSL (Mobility Solutions Limited), a part of JCBL Group bags orders worth 100 crores with the objective of elevating the quality of Indian trains by delivering and installing several essential components for the Vande Bharat Express.Read more
Tesla agrees to set up vendor base and start EV assembly in India
The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more
EMAG is a go-to Solution Provider for Indian Manufacturing, says MD
The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more
SIAM hosts conference Towards Vision India@2047on World Environment Day 2023
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference coinciding with the commemoration of World Environment Day 2023, inaugurated by Ashwini Kumar Choubey, Union Minister of State for Environment, Forest and Climate Change, Government of India.Read more
Production Linked Incentive: Boon for the Medical Devices Industry in India
India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more
Piaggio Vehicles appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles
Piaggio Vehicles Pvt Ltd (PVPL), a 100 per cent subsidiary of the Italian auto giant Piaggio Group appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles. Tripathi will be responsible for the Sales, Service, Marketing & Business Development for EVs and Exports.Read more