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Altem Technologies appoints Shamsundar Naik as new Vice President of sales

In his previous roles besides several strong engagements in the manufacturing and engineering services sector, Shamsundar has also significantly influenced the academic sector, championing the shift from traditional engineering tools to cutting-edge 3D CAD software at prominent technical universities. Read more

GE Aerospace plans significant increase in component sourcing from India

Currently, approximately 1,300 GE Aerospace and CFM engines are operational within Indian carriers. Beyond commercial aviation, GE Aerospace’s defence systems are vital in India, powering platforms such as the Indian Air Force’s Light Combat Aircraft (Tejas Mk1) and various naval aircraft and battleships. Read more

GOI identifies 300 laws for potential decriminalisation to boost business

The minister noted that the Production-Linked Incentive (PLI) schemes launched in 2020, with an outlay of Rs 1.97 trillion, have been a significant driver for 14 sectors, particularly electronics and pharmaceuticals.Read more

Samsung invests $1.8 billion in Vietnam for OLED manufacturing plant

Over the past decade, Vietnam has positioned itself as a key production hub for electronics companies, attracting significant investments.Read more

Alstom hands over the first trainset to Delhi Metro Rail Corporation

Under the ‘Make in India’ & ‘Atmanirbhar Bharat’ initiatives, these metro trains are being manufactured in SriCity, Andhra Pradesh. Read more

Tata Group and Analog Devices to explore semiconductor manufacturing in India

Recently, Tata Group laid the foundation for a Rs 270 billion semiconductor assembly and test facility in Morigaon, Assam.Read more

Finnish parliament members visit Lindström’s Mumbai facility

Lindström's operations in India began 17 years ago with the introduction of its circular business model for business textiles, perfectly aligning with India's green transition goals.Read more

AIFI appoints Yash Munot as President & S. Ravishankar as Vice President

Beyond his industrial achievements, Munot is recognised for his diversified business ventures in sectors such as lifestyle products, health food, hospitality and philanthropy, including the adoption of an orphanage and medical aid distribution during the pandemic.Read more

Jupiter Wagons to invest Rs 25 billion for capacity expansion

The new plant will serve both domestic and international markets, with about 50% of its capacity dedicated to exports, primarily to its partner Tatravagonka A.S., a Slovakian rail infrastructure company, and other European clients.Read more

TSF Group showcases product line for global markets at IAA 2024

On display would be its extensive range of Braking solutions for the light commercial and heavy commercial vehicles including complete pneumatic braking systems.Read more

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