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Exide Industries invests Rs 750 million in EESL for Bengaluru greenfield plant
EESL, incorporated on March 24, 2022, is dedicated to advancing India's lithium-ion battery production capabilities.Read more
PI Industries plans Rs 8 – Rs 9 billion capex in FY25
More than 40% of the new products that we are commercialising are all non-Agchem. Read more
Man Industries to invest Rs 6 billion in new facility in Saudi Arabia
The new facility is expected to significantly boost MAN Industries' operational capacity and support its growth strategy in the Middle East.Read more
Reliance Industries to launch its first solar giga-factory in FY25
The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more
Slow progress hampers development of electronic manufacturing at Tuem
The commissioning of a 33/11kV substation, built at a cost of Rs 428 million, is significantly delayed. Read more
Godrej Industries Group hosts ‘National Chemistry Day’ summit
India’s chemical industry contributes 7% to the country’s GDP and ranks sixth in the world. Read more
Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. Read more
FAME -II to focus on consumer aid than direct incentives to EV manufacturers
Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more
Tembo Global integrates two divisions to streamline operations
Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more
Budget 2024-25: Analysis of Budget impact on MSMEs
The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than only on assets and turnover criteria. Read more