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Ministry of Heavy Industries champions localisation for global manufacturing hub

The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more

Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing

The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more

Exide invests Rs 100 cr in energy solutions, resolves trademark dispute

Exide Energy Solutions, a wholly-owned subsidiary of Exide Industries, specialises in the production of battery cells, assembly, and the sale of battery modules and packs.Read more

Indian Biogas Sector sees surge: Expects Rs 1,500 cr in Foreign Investments

During the Renewable Energy India Expo 2023, investment agreements amounting to Rs 2,755 crore were sealed, nearly double the figures from the previous year.Read more

India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

Continental Leads DIAZI Project and Turns Production Plants into Digital Factories

Continental leads consortium of eight partners from industry and research for fully digitalised production environment enables planning and simulation of new production lines.Read more

Koppu Sadashiv Murthy appointed Chairman and MD of BHEL

The decision was made during the board meeting held on October 30. The Ministry of Heavy Industries communicated the approval from the Appointment Committee of the Cabinet (ACC) to BHEL.Read more

Welspun Corp appoints Ashish Prasad as CEO for Sintex BAPL

Prasad, an alumnus of the Indian Institute of Management Ahmedabad, brings over 25 years of extensive experience in Sales, Brand Management, Operations, Digital, and Strategy across leading companies in the Consumer and Retail sectors.Read more

Wardwizard to develop Electric Vehicle Ancillary Cluster by 2024 in Gujarat

The leading manufacturer of electric vehicles under the ?Joy e-bike? brand in India, signed a Memorandum of Understanding (MOU) with the government of Gujarat to invest Rs 2,000 crores.Read more

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