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Indian Oil and Praj form JV to build biofuels production capacities in India
JV will strengthen Indian Oil Corporation Ltd's (IOCL) resolve to achieve its goal of net-zero operational emissions by 2046 and maintain IOCL's leadership in the green energy domain, said Shrikant Madhav Vaidya, Chairman, IOCL.Read more
Jk Tyre inaugurates Banmore Plant Capacity Expansion - 1st Phase
The company announces the completion of its first phase of capacity expansion of its radial tyre manufacturing facility with an investment of Rs 312 crore and the expansion will result in a 31 per cent increase in the plant's annual output capacity, from 39 lakh to 51 lakh units.Read more
Amara Raja companies’ win big at ‘Great Place to Work’ Awards
The ‘Great Place To Work’ (GPTW) institute is globally recognized as an authority on workplace culture.Read more
Suhner introduces EFC-02, electric force compliance system
Suhner provides metal processing solutions to for various industries. It is expanding its suite of robotic grinding accessories and tools with the fully electric EFC-02.Read more
54% of the companies have implemented AI for business: PwC India survey
Indian organisations are focusing on personalisation and customer-centric digital transformation solutions while global counterparts are inclined to innovation.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
FDI in manufacturing increases by 76% due to PLI Schemes
PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.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
Bearing sector is experiencing an upsurge in demand
In this interview with Rakesh Rao, Sanjeev Taparia, Chief Sales & Marketing Officer, National Engineering Industries Ltd, elaborates on strategies to be adopted by NEI as the company aims to more than double its sales by 2025.Read more
India sees first flight powered by a blend of Sustainable Aviation Fuel
Hardeep Singh Puri, Union Minister, MoPNG receives first commercial flight in India powered by indigenous sustainable aviation fuel, at New Delhi on May 19, 2023. AirAsia India flight i5-767 departed from Pune to New Delhi using the SAF.Read more