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Ashok Leyland to invest Rs 1200 cr into Switch Infusion
The funds infused will be used for capital expenditure, R&D and meeting operational requirements both in UK and India.Read more
UK-India FTA talks centered on mid-range Electric Vehicles market access
The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more
SWITCH Mobility secures order for 70 buses from Stagecoach UK
The order consists of 10 SWITCH Metrocity 9.5m electric buses, which will operate on Route W11 in London and 60 Slimline Solo 8.5m, Euro 6 certified buses sold under the Optare brand, presently integrated into SWITCH Mobility.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
UK cleantech firm GR2L secures £4 mn order for Solar Tech in India
Gas Recovery and Recycle Limited (GR2L), an MSME business based in Surrey, asserts that it has developed and patented state-of-the-art technology designed to reduce energy consumption.Read more
India accelerates drive for homegrown solutions for marine gas turbines
This urgency stems from the disruption caused by the conflict in Ukraine, which has affected Zorya-Mashproekt, the primary supplier of MGTs to the Indian Navy.Read more
Tata Sons to invest £4 bn in 40 GW battery cell gigafactory in UK
The investment is an integral part of the Tata group’s commitment to electric mobility and renewable energy storage solutions and establishes a competitive green tech ecosystem in the UK at scale.Read more
Vedanta appoints 34-yr industry veteran for semiconductor business in India
Mike Young is appointed as Senior Vice President, Project Management Office and Manufacturing Operations for Vedanta-Foxconn Semiconductors Limited. Mike is the former CEO of SSMC and X-Fab Sarawak.Read more
Plexconnect 2023 foresees 380 international buyers from over 63 countries
The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.Read more
Global manufacturing growth to slow down, CAGR of 3% to 2027
A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more