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Schneider Electric India to make Rs 3,200 cr investment for growth by 2026

CEO & MD, Deepak Sharma who also holds the position of President for the Greater India region disclosed these investment details during an interview.Read more

HFCL launches groundbreaking IBR Cables to supercharge UK connectivity

HFCL Limited has unveiled its groundbreaking Intermittently Bonded Ribbon (IBR) Cables in the United Kingdom to tap into both urban and rural markets within the UK.Read more

India to offer $2.2 bn incentives for manufacturing growth in six sectors

This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more

Teledyne FLIR unveils mid-wave infrared imaging solutions

Teledyne FLIR expands Turnkey Neutrino Ground ISR Series for integrators provides world-class mid-wave infrared imaging performance required for short-, mid-, and long-range applications, including perimeter surveillance, border surveillance, and counter-UAS (CUAS) systems.Read more

India triumphs in Global Manufacturing, BCG Study Reveals

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more

IREDA, Bank of Maharashtra join forces to boost renewable energy financing

As part of this agreement, Bank of Maharashtra has the opportunity to invest in the Bonds issued by IREDA, adhering to the specified terms and conditions of the offering.Read more

Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

CDIL eyes Semiconductor Fab in India amid expansion plans

Continental Device India is concentrating on its local ATMP business, planning to expand its current production capacity of 500 million units by an additional 100 million units.Read more

Indian Auto sees surge in apprentice recruitment with PLI expansion

The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more

Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India

In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.Read more

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