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Servotech strengthens solar manufacturing with 27% stake in Rhine Solar
By capitalising on Rhine Solar’s advanced infrastructure, its ALMM-accredited facility, and extensive experience in solar panel production, Servotech is well-positioned to establish large-scale solar panel manufacturing operations in India.Read more
Cyient Semiconductor, MIPS partner for RISC-V power solutions in key sectors
Cyient Semiconductor and MIPS partner to co-develop RISC-V-based intelligent power solutions for automotive, industrial robotics, and AI-driven power delivery systems.Read more
Uncertainty over rare-earth magnets supply hurting Indian auto industry
According to ICRA, inventories of rare earth magnets may last only until mid-July 2025 for certain automotive applications. It adds that contingency options appear ridden with logistical, regulatory, and engineering complexities.Read more
Calderys sets sustainability benchmark at Odisha refractories plant
Calderys advances its green goals with the CAPES project in Odisha, integrating solar power, water recycling, and emission controls to set a new benchmark in the refractories sector.Read more
Waaree Solar Americas secures 599MW US deal, expands clean energy presence
The modules will be produced at Waaree’s modern manufacturing plant in Brookshire, Texas, with deliveries scheduled for the 2026 calendar year.Read more
Texmaco wins Rs 440 mn order for rail electrification project in Maharashtra
Texmaco Rail & Engineering secures Rs 440.4 million MRVC contract for Kalyan-Badlapur electrification; total order book now at Rs 72.75 billion, advancing India’s sustainable rail infrastructure goals.Read more
Germany's Festo opens Rs 5 bn facility in Hosur, reinforces India commitment
The manufacturing facility, which will concentrate on the production of advanced pneumatic automation components, aims to cater to both domestic and global markets by delivering high-precision automation solutions.Read more
Alstom Wins € 135 mn Contract for Driverless Metro Cars for Chennai Phase II
Under the 'Make in India' and 'Atmanirbhar Bharat' initiatives, Alstom will supply 96 Metropolis driverless metro cars for Chennai Metro. These trains will be 100% manufactured at Alstom’s facility located in Sri City, Andra Pradesh.Read more
India’s stainless steel demand rises 8% in FY25, says ISSDA
India’s installed stainless steel production capacity currently stands at 7.5 million tonnes, with a utilisation rate of around 60%.Read more
Saatvik Green begins construction for new solar manufacturing plant in Odisha
The facility is being developed on land sub-leased from Tata Steel Special Economic Zone Limited (TSSEZL)Read more