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BEML’s Q2 profit drops amid weakening demand
BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more
India's semiconductor sector to generate 1 million jobs by 2026: Report
Key roles expected to emerge include process integration engineer, wafer inspector, design engineer, quality control specialist, and preventative maintenance technician.Read more
Vedanta Limited plans $500 million investment in AvanStrate Inc.
With extensive operations and R&D capabilities across Taiwan, South Korea and Japan, ASI aims to accelerate the development of next-generation glass products designed for advanced packaging and potential applications in the semiconductor, biotechnology, automotive displays, and other high-growth sectors. Read more
India aims for complete solar manufacturing ecosystem in 4-5 years: Avaada Group
Like the solar sector, hydrogen’s costs will only drop with significant investment and policy support, allowing prices to eventually compete with conventional fuels like grey and blue ammonia.Read more
Taiwan to permit 1,000 Indian workers for manufacturing sector
This policy will initially focus on manufacturing, with officials set to meet online every two months.Read more
LAPP India appoints Sumit Mitra as Managing Director
Based in Bangalore, Sumit will report to CEO of LAPP Asia Pacific.Read more
INOX to set up mini LNG terminal for Island Power Producers in the Bahamas
The contract would include the supply of 10 vacuum insulated storage tanks of 1500m3 capacity and a regasification system. Read more
Bridgestone to invest $85 million for premium car tyre production in India
Recent trends in the market have produced an outlook of stable economic development and growth in the number of automotives both owned and produced. Read more
AspenTech launches Microgrid Management System to meet net-zero goals
The capabilities delivered by AspenTech MMS are critical to high-energy consumers today as the power grid is at a critical juncture with increasing energy demand, aging and at-capacity grid infrastructure, more severe weather events and increasing cybersecurity threats challenging its reliability and stability.Read more
Climaveneta to invest Rs 4 billion in Bengaluru facility expansion
CCT, a leading chiller manufacturer with an order book exceeding Rs 5 billion, aims to double its annual order intake and achieve Rs 10 billion in revenue within the next four to five years.Read more