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India Triples Rare Earth Magnet Investment to Cut China Reliance: Report
India is set to boost its rare earth magnet manufacturing capacity by nearly tripling its incentive programme to over Rs 70 billion ($788 million), aiming to reduce reliance on China.Read more
SiCSem Breaks Ground for India’s First Silicon Carbide Semiconductor Plant in Odisha
SiCSem has commenced the construction of India’s first end-to-end silicon carbide (SiC) semiconductor production facility in Odisha, with an investment of Rs 20 billion.Read more
Ford to Invest Rs 32.5 Billion in India, Defying Trump’s US Manufacturing Push
Ford Motor Co. plans a Rs 32.5 billion investment to restart engine production in India, signalling renewed confidence in the country despite political tensions with the US.Read more
Fronius Unveils Groundbreaking Welding Innovations at SCHWEISSEN & SCHNEIDEN
Fronius once again focused on the key drivers in the industry, demonstrating how modern welding technology can be economical, resource-efficient, and user-friendly. Read more
NavPrakriti Opens East India’s First Lithium-Ion Battery Recycling Plant
NavPrakriti’s plant focuses on the recovery of aluminium and copper with various intermediary products rich in nickel, cobalt, manganese, and lithium, laying the groundwork for future hydrometallurgical refining.Read more
Indian Army Signs MoU with JCBL Group for NGV Repair Hub and Warehouse in Leh
The JCBL Group (ADSL) will contribute its expertise in defence manufacturing, technical support, training, retro-modification, and R&D through the framework of the NGV Hub in Leh. Read more
Ashok Leyland Begins Delivery of AVTR 55T Electric Trucks to ASAT Logistics
Sanjeev Kumar, President - MHCV, Ashok Leyland, handed over the keys of the first batch of 4 AVTR 55T Electric trucks to Arvind Sarda, CEO, ASAT Logistics Pvt Ltd, in the presence of senior dignitaries.Read more
VE Commercial Vehicles to Manufacture Volvo's Automated Manual Transmissions in India
The investment in AMT production is a key milestone in the 18-year successful partnership between the Volvo Group and Eicher Motors.Read more
Winners Amid Slowdown
India’s manufacturing sector closed September on a slower, yet resilient note. The HSBC Flash India Composite Output Index eased to 61.9 from 63.2 in August—still the second-best in more than two years and well above the neutral 50.0. Manufacturing PMI moderated to 58.5, services to 61.6, and the Manufacturing Output Index to 62.7.Read more
TVS Motor acquires Italy's Engines Engineering S.p.A.
The acquisition highlighted TVS Motor’s commitment to strengthening its design and engineering base to accelerate the development of next-generation mobility platforms.Read more