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4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

Elgi Sauer opens state-of-the-art manufacturing facility in Coimbatore

Elgi Equipments Ltd and the German-based Sauer Compressors Group in a joint venture started ELGI Sauer Compressors Ltd in 2008. Last week, the venture strengthens its presence by establishing a manufacturing facility in Kallappalayam, Coimbatore, Tamil Nadu.Read more

Hyundai Motor India exchanges MoU with TN govt, planning to invest Rs 20,000 Cr

Hyundai Motor India Limited (HMIL) is planning for a long-term investment in the state of Tamil Nadu for over the period of 10 years (2023 to 2032) with a plan to increase production volumes and introduce new electric vehicle models. Read more

Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu

The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more

LAPP India inaugurates new ÖLFLEX CONNECT plant in Coimbatore

LAPP India, a leader in cable and connection technology has launched their fifth ÖLFLEX CONNECT plant in Coimbatore, Tamil Nadu. This newly opened plant is 16,000 sq ft in area.Read more

Fuji Electric wants to provide made-in-India products with Japanese technology

Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more

Ashok Leyland sets up all-women production line at Hosur

To promote women empowerment and attract women towards manufacturing, flagship company of Hinduja Group, Ashok Leyland set up an all-women production line at its Hosur plant in Tamil Nadu.Read more

Widia introduces the next generation in versatile end milling

WIDIA has launched the WCE solid end milling platform, delivering affordable performance and reliability for small to medium machine shops.Read more

Schaeffler to invest Rs 300 cr for transmission components facility in TN

New facility will expand the production footprint in Hosur for transmission components and systemsRead more

Alstom opens components manufacturing facility in Coimbatore

With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more

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