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Delta and ThunderPlus sign MoU for low voltage 2W and 3W EVs fast chargers
The chargers, developed with Delta’s advanced 4kW rectifier modules featuring energy efficiency up to 93%, are customisable and designed to meet India’s diverse requirements, making them a game-changer for the local EV market.Read more
DPIIT and Moglix ink MoU to launch manufacturing incubation initiative
The program will support over 25 growth phase startups in industries such as chemicals, automotive, infrastructure, and green energy.Read more
Engel Group and EPM to strengthen local production
EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injection moulding machines tailored to the specific needs of the Indian market.Read more
Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business
The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more
Tata Power signs MoU with ADB for $4.25 billion to finance clean energy projects
The total estimated project cost is approximately $4.25 billion. Read more
Autodesk signs MoU with IIT Bombay to strengthen India’s manufacturing workforce
Currently, about 5 million students in over 14,500 schools across India use Autodesk software to build skills relevant to the future workforce. Read more
Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai
This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more
Innovative technologies in motion control attract new entrants to the market
Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, Japan and Europe. There has been rapid expansion of the supplier base for linear smart conveyance systems, particularly in the Asia Pacific region, comments, Samantha Mou, Research Analyst, Interact Analysis.Read more
Indian Railways and Switzerland’s DETEC partner for technological collaboration
The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation.Read more
INOX Group and IISc sign MoU to set up INOX Quantum Materials Lab
The partnership would advance research in the fields of semiconductor and quantum technologies and reduce reliance on costly imported equipment.Read more