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Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market

Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more

India's Semiconductor industry aims to create 1.2 million jobs

Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more

DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu

DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more

Ultra-low voltage motors market worth $6.5 bn by 2027

New research by market intelligence firm Interact Analysis shows mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027. Maxon, Ametek and Minebea Mitsumi are top three players.Read more

Schwing Stetter India partners with VIT, Vallore to offer engineering programme

The partnership aims to help employees accelerate their education, stir innovation and skill development needed for the manufacturing industry.Read more

Zetwerk dives into IT Hardware, EV components manufacturing

Zetwerk is currently engaged in discussions with potential customers for component manufacturing partnerships and is exploring the establishment of a manufacturing plant in the western part of the countryRead more

Reliance Industries explores entry into Semiconductor Manufacturing

At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more

Coimbatore MSMEs embrace EV Industry with Skilling Program

This initiative is a collaborative effort between the Facilitating MSMEs in Tamil Nadu (FaMe TN) and the World Resources Institute (WRI-India).Read more

Samson Controls celebrates expansion in alignment with Atmanirbhar Bharat Abhiyan

Samson Controls Pvt Ltd (SCPL), a wholly-owned subsidiary of Samson AG, Frankfurt, is a major player in the industry with two manufacturing units in Ranjangaon, Pune, and a network of eight sales offices and three service centres across India.Read more

Tamil Nadu gears up for Global Investors Meet 2024, focuses innovation, job creation

Global Investors Meet (GIM) scheduled to take place in Chennai in January 2024. In November 2022, the Tamil Nadu Smart and Advanced Manufacturing (TANSAM) was inaugurated, established by TIDCO in partnership with Siemens. Read more

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