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Shinryo Corporation to acquire 85% stake in GMP Technical Solutions
The stake will be acquired from Pune-based engineering and real estate firm Vascon Engineers Ltd.Read more
Agriculture production giant CNH India rolls 700,000 tractors in Greater Noida
Currently, the Greater Noida plant manufactures tractors, engines, Power Take Offs (PTOs), and axles for the domestic market and exports to over 75 countries across Asia, Africa, the Middle East, Australia, and North America.Read more
Mobile robots grow precision gearbox market
The global market for precision gearboxes used in industrial robots was worth just over $1 billion in 2023.Read more
Continental & Amazon Web Services creates software solutions for mobile robots
Continental's comprehensive AMR solutions comprise robot hardware, an advanced autonomy software stack and AI-enabled fleet management software supported by strong partners. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more
Ashok Leyland wins contract for 2104 fully built buses from MSRTC
Maharashtra State Road Transport Corporation (MSRTC) is one of the largest state transport undertakings in the country with over 15,000 buses.Read more
Godrej & Boyce delivers 12.5MWp rooftop solar project in MP
The solar rooftop installation will enable the facility to utilise green energy, resulting in an estimated annual saving of 17 million kWh. Read more
EESL nearing phase 1 completion of lithium-ion cell manufacturing by fy year-end
EESL's scope includes producing, assembling, and commercialising battery modules and packs for both mobility and grid-based applications, addressing the growing demand for lithium-ion batteries and storage solutions.Read more
Forward Manufacturing Company Pvt. Ltd. inks pact with France’s Pernat Industrie
As part of this JV, Forward and Pernat will collaborate to introduce new technologies to the Indian automotive, aerospace, and defence industries.Read more
Pollution rose by 26% in in 5 years in Maharashtra industries tagged 'red'
For industries flagged red, the consent to operate must be taken from MPCB once in five years.Read more