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Aleees-Taiwan, IFFCO partner to boost non-Chinese Li battery production globally
The agreement aims to explore the transfer of technology from Aleees to IFFCO, enabling the production and establishment of lithium iron phosphate (LFP) battery cathode material plants in India and Jordan.Read more
Q-Line Biotech boosts healthcare manufacturing in UP with Rs 500 cr investment
The inauguration of the facility is slated to be proposed during the upcoming Ground Breaking Ceremony, with a formal invitation extended to the Chief Minister.Read more
Toyota accelerates electric ambitions in Europe with six new models by 2026
Toyota aims to sell more than 250,000 battery-powered vehicles annually in Europe by 2026, striving for significant growth in a market where it has faced increasing competition.Read more
Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion
Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more
Igus invites application for the ninth Vector Awards
For the ninth time, igus is honouring design engineers and project managers for creative, courageous use of energy supply systems and cables made of high-performance plastic. Read more
Catamaran ventures into precision manufacturing start-ups
The firm aims to invest in companies involved in deep tech and automobile manufacturing, particularly those capable of exporting products and creating components.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
Towards building a sustainable economy with the ‘Triple Supply Chain’
The increased consciousness of corporate management of the harm done due to unbridled, uncontrolled growth has now put the brakes on waste and inefficiency. Overall, the sustainability movement has led to significant new developments in the handling of supply chains, as well as processes, says R Jayaraman.Read more
CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more