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TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform

TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more

Amara Raja Group’s Mangal Industries signs MoU with AXISCADES forming strategic partnership

A leading technology solutions company, AXISCADES forms a partnership with Amara Raja Group’s company Mangal Industries Limited to make an engineering, digital, and manufacturing collaboration. Read more

Essar launches EET to invest $3.6 billion in energy transition in the UK and India

Essar Group announced the formation of Essar Energy Transition (EET) with $2.4 billion investment in blue and green hydrogen, ammonia, biofuels, and decarbonisation of refinery in the UK to reduce industrial emissions in North West England. With this company is to invest $1.2 billion investment in India as well.Read more

Digisol redefines Wi-Fi performance with new range of Wi-Fi 6 access points

IT networking products and solutions provider Digisol launches two new high demand ‘Made in India’ products/solutions named DG-WM840AX — 11ax 1800Mbps Ceiling Wireless Access Point and DG-WM640WI — 11ax 1800Mbps In-Wall/Wall-mounted Wireless Access Point.Read more

HPX successfully executes 1st e-RA contract for Indian Railways

On February 12, has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways. The exchange simultaneously logged its highest single day volume of 36.18MUs.Read more

BPE deploys power critical equipment in 40+ healthcares across India

BPE (Best Power Equipments) announced that it has spread and installed more than 120 power backup solutions. The company has deployed UPS series EPX and GTX UPS in Zydus Healthcare Limited, Cadila Pharma, Medanta hospital and Acculife Limited (Nirma Group).Read more

Siemens launches its first industry-ready 5G routers in India

Siemens Limited announced the launch of private industrial 5G user equipment with applications on industrial 5G offer long-term benefits to a wide range of customer segments that depend on a strong communication backbone.Read more

ABB India doubles its Gas Insulated Switchgear (GIS) capacity with a new factory

Electrification and automation company ABB India, inaugurated a new manufacturing facility to meet the growing demands for power equipment for a ‘Resilient and Smart’ grid strengthening its commitment to Atmanirbhar Bharat and Make in India. The company also launches eco-efficient switchgear PrimeGear™ ZX0, with SF6-free alternatives.Read more

Godrej & Boyce, Renmakch together to develop a 'Make-in-India’ value chain for railways

Godrej Tooling signed a Memorandum of Understanding (MoU) with Renmakch to leverages global technology from Europe and Japan to promote indigenous development in Indian Rail sector. Read more

Way to $ 1 trillion manufacturing economy?

In 2021-22, for the first time, India’s exports crossed $ 400 billion and this year, the country has set a target of $ 470 billion (a tall ask given the prevailing external environment).Read more

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