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GOI to launch credit guarantee scheme for MSMEs covering loans upto Rs 1 billion

The government is also focusing on promoting rural entrepreneurship, with an emphasis on enhancing quality, building export linkages, capacity development, and achieving the vision of ‘Viksit Bharat’. Read more

Chakr Innovation pioneers clean air solutions with RECD and aluminium-air tech

The Chakr Shield, India’s first Type Approved Retrofit Emission Control Device (RECD), sets itself apart by reducing particulate matter emissions by up to 90%, ensuring compliance with stringent environmental standards. Read more

Tata Motors wins 1,297 bus chassis order from UPSRTC

The Tata LPO 1618 diesel bus chassis is developed specifically for intercity and long-distance travel. Read more

Hitachi Hi-Rel at PLEXPO INDIA 2024: A grand success

At PLEXPO INDIA 2024, Hitachi Hi-Rel showcased its latest innovations in industrial UPS systems and low voltage variable frequency drives technology, under the theme ‘Powering the Future of Plastics and Packaging Industry’. Read more

Slowing demand to curb auto component revenue growth to 6-8%

Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more

ABB India upgrades Faridabad plant to enhance sustainability efforts

The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more

Servotech secures order of 2 MW on-grid solar power plant from UPNEDA

The project also encompasses Servotech to deliver warranty maintenance for the next 5 years, tending to different 11 to 100 kW on-grid solar PV installations done at 67 various locations in the state of Uttar Pradesh. Read more

INOX to set up mini LNG terminal for Island Power Producers in the Bahamas

The contract would include the supply of 10 vacuum insulated storage tanks of 1500m3 capacity and a regasification system. Read more

Esaote to set up medical imaging manufacturing unit in Noida

The facility will produce a range of advanced ultrasound systems.Read more

EuroBLECH 2024 wraps up with encouraging results

With 38,946 trade visitors from 114 countries and 1.317 exhibitors on 160,000sqm gross space, the event reaffirmed its role as the world’s leading platform for innovation and business in this sector. Read more

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