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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

SANY India opens its state-of-the-art facility in Pune

SANY India’s new 4S office in association with OM Hydraulics Equipments, strengthens company’ presence in Maharashtra. The head office will cover several districts in Maharashtra, including Pune, Ahmednagar, Aurangabad, Bid, Hingoli, Jalna, Kolhapur etc.Read more

INOX Air Products joins hands with TP Saurya Bandita for setting up captive solar plant

INOX Air Products and TP Saurya Bandita, a special purpose vehicle of Tata Power Renewable Energy are to stet up solar power project with a capacity of a 40MWp in Dhule which will supply power to all INOXAP ASUs in Maharashtra.Read more

US’s ExxonMobil to build lubricant manufacturing plant in India

Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more

Hyundai Motor signs term sheet for potential acquisition with General Motors

Hyundai Motor India Limited (HMIL) today signed a term sheet with General Motors India (GMI). Proposed acquisition covers identified assets at GMI, Talegaon Plant, Maharashtra. Read more

Soma Specialities is looking to double its revenues in 2-3 years

Soma Specialities, a pioneer in introducing mechanised floor cleaning and floor maintenance systems in India, has been into the business for more than four decades. In this interview, Samir Sabu, Director, Soma Specialities, shares USPs of the products and the company's strategy to grow 25-30 per cent annually.Read more

Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23

Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more

Taiwan's Gogoro and Belrise to build $2.5 bn battery swapping infra in India

Gogoro and Belrise Industries will set up the world’s largest sustainability-focused portable energy system with the battery-swapping ecosystem in Maharashtra.Read more

Siemens Limited sets up facility for bogies in Maharashtra

Siemens Limited has set up a state-of-the-art factory for bogies in Aurangabad (Maharashtra) to address the increasing demand from railways in India and across the world. Read more

Crane opens facility for engineered check valves in India

The new manufacturing facility, at Satara (Maharashtra), features automated welding technology to manufacture a full range of Noz-Chek and Duo-Chek valves in sizes up to 84”. Read more

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