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Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more
Ashoka University, ZEISS forge partnership for core imaging facility
Within the framework of this agreement, ZEISS will station Expert System Operators at the Facility to assist researchers in optimising the use of the cutting-edge equipment for their scientific inquiries.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more
India approves 27 firms for in IT Hardware Manufacturing Boost
Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more
Tata Group explores Land for Semiconductor ATMP Unit
Instead of immediately setting up a full-fledged fabrication plant, the Tata Group plans to concentrate on the ATMP unit for the near term.Read more
Induction furnace owners seek GST protection amid complex SC challenges
Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
TVS SCS reports Q2 loss, eyes operational enhancements
The company's revenue from operations shrank to Rs 2,263 crore from Rs 2,681 crore, while total expenditure decreased from Rs 2,684 crore to Rs 2,277 crore.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Sulzer Schmid introduces brand new 3DX™ AutoPilot for leading image quality
Sulzer Schmid announces the introduction of its latest 3DX™ AutoPilot upgraded with a brand-new image capturing system, to ensure crystal clear inspection results.Read more
