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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

Crane India opens facility for engineered check valves in Maharashtra

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

3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India

3i EXPO & Conference - hosted by Industrial Products Finder (IPF) from May 20-21, 2022 in Mumbai - received an arousing response from the Indian manufacturing sectors with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc visiting the event.Read more

3i EXPO 2022 begins from May 20; Set to lead Industry 4.0 revolution

With about 40 exhibitors and 35 Industry Leaders at the 2-day event, over 1000 visitors are expected at 3i EXPO, which will be held from May 20-21, 2022 at Nehru Center, MumbaiRead more

Tata Motors to set up vehicle scrapping facility in Maharashtra

Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more

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