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Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL
The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more
ISRO and BHEL tie up for production of space grade lithium-ion cells
ISRO has entered into an agreement with Bharat Heavy Electricals Ltd (BHEL) to transfer the technology for the manufacture of space grade Li-Ion cells.Read more
LONGi Solar to set up 1GW mono cell and 1GW mono module manufacturing facility in India
Chinese solar products manufacturer LONGi Green Energy Technology Co., Ltd, along with its wholly-owned subsidiary LONGi SolarRead more
Maxion Wheels to set up new passenger car aluminum wheel plant in Pune with $ 50 million investment
Maxion Wheels, the world’s largest wheel manufacturer, held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune.Read more
Surat upgrades to ABB’s digital water management solution
ABB India is enabling the digitalisation of the entire water management system of Surat with its GSM (Global System for Mobile communications) enabled AquaMaster flowmeters solution to measure water consumption in real-time.Read more
Power transmission: Expanding networks till the last mile
Better pace of project implementation and stable attention from the government has made power transmission a new business zone and promising investment destination, says Nitika Sharma.Read more
‘Drive’ to solution
Parker utilises VFD to eliminate the bottleneck experienced in a canning plant.Read more
Iris Global ties up with international cloud giant Alibaba
Iris Global is now bringing to India world’s leading cloud computing company Alibaba Cloud to revitalise cloud solutions for business and industry. Iris Global CEO Himanshu Chawla is looking at a target of two million dollar business this financial from this new venture.Read more
Vikram Solar ties up with France’s CEA to PV module research
Vikram Solar, one of India's leading module manufacturer and a prominent rooftop solar & EPC solutions provider, has signed a collaboration agreement with the French Alternative Energies and Atomic Energy Commission (CEA), a key player in research, development and innovation.Read more
EEPC India-NID join hands to scale up product design for engineering exports
The EEPC India is taking a major initiative for scaling up the country's engineering exports by improving product design and innovation with the help of the Ministry of MSME and the National Institute of Design (NID).Read more