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Mahindra Expands Advanced R&D and Testing Facilities at Chennai MRV
Mahindra & Mahindra invests Rs 1,960 million to expand its Advanced R&D and testing facilities at Mahindra Research Valley, creating 2,000 new jobs and reinforcing Chennai as an innovation hub.Read more
MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more
Indian electrical equipment industry records a growth of 13% in FY23: IEEMA
Indian Electrical and Electronics Manufacturers’ Association (IEEMA) compiled the data for the year 2023-24 which shows high growth in segments like transformers (17.5 per cent), cables (19.4 per cent), meters (15 per cent) and rotating machines (5.7 per cent).Read more