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BHEL & BARC to build electrolyser system for hydrogen energy production
The technology for hydrogen production is developed indigenously by BHEL and has high local material content.Read more
Mahindra Auto reports a 17% growth in May 2024
The Mahindra Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume; a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.Read more
China imposes control on aviation & aerospace exports; national security concern
It said the export controls would apply to aircraft and aerospace engines and structural parts, engine manufacturing related equipment, software and technology. Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
ABB acquires China-located Siemens’ Wiring Accessories; expands portfolio
The acquisition will also give access to a wide distribution network across 230 cities in China and provide additional expertise from regional sales, manufacturing operations and management teams. Read more
ARC Industry Forum Asia 2024 to focus on AI, cybersecurity and sustainability
The annual event will be held in three cities - at Tokyo (Japan) on 4 July 2024, Bengaluru (India) on 10-11 July 2024, and Singapore on 1 August 2024.Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more
Global semiconductors battle deepens between EU & US; $81 billion subsidy surge
The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more
Sony & Siemens to enable immersive engineering with new content creation system
Sony Corporation improved design productivity by 25% with implementation of Siemens’ NX for product engineering and design.Read more
VE Commercial Vehicles announces joint venture with iTriangle Infotech
The joint venture aims to strengthen VECV's surround-service portfolio for Eicher truck and bus customers, enhancing its ability to address the rapidly evolving people and logistics ecosystem in India and select export markets. Read more