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BASF opens a smart factory in China to produce thermoplastic polyurethane

The new plant is the largest single TPU production line for BASF globally. The smart factory is built with advanced technologies – including automated guided vehicles and advanced automation systems.Read more

Carl Zeiss India redefines manufacturing standards at IMTEX Forming 2024

ZEISS’ Industrial Quality Solutions (IQS) division will empower Make in India with direct access to high-end metrology solutionsRead more

Record-Breaking budget plan for Indian Railways overhaul in 2024-25

The capital expenditure (capex) for the railways is poised for a substantial increase, projected to be around 25% higher than the 2023-24 budget estimates.Read more

9 firms secure incentives for 4.5 LT of Green Hydrogen Production in India

Reliance Green Hydrogen and Green Chemicals have been chosen to receive incentives for producing 90,000 tonnes of green hydrogen at a three-year average rate of Rs 18.9 per kg.Read more

India has potential to become a global export hub for green hydrogen: WEF

With affordable renewable energy, India can attract valuable international trade of green hydrogen derivatives, says a report by the World Economic Forum (WEF) and Bain & Company. To boost the country’s export potential, it is crucial to establish recognised standards, improve export infrastructure, and form strategic partnerships.Read more

NIIF’s India-Japan fund to invest Rs 400 cr in Mahindra Last Mile Mobility

Fund focuses on investing in environmental sustainability and low carbon emission strategies, while also promoting investments by Japanese companies into India.Read more

EKA Mobility secures $100 mn Investment for EV Manufacturing in India

Under the agreement, Mitsui and VDL will jointly invest approximately Rs 830 crore in EKA Mobility, acquiring 'significant' minority stakes. The funds will be allocated to expand research and development efforts and increase manufacturing capabilities.Read more

Sembcorp forges green ammonia partnership with Japanese firms to advance RE goals

Sembcorp Green Hydrogen Pte, in partnership with Japanese conglomerate Sojitz Corp and energy major Kyushu Electric Power, has formalised a memorandum of understanding to explore potential opportunities for green ammonia production.Read more

Zeiss Group forecasts continued double-digit growth in India

Despite the challenges of the previous fiscal year, the group exceeded its target, achieving a turnover of over Rs 1,800 crore.Read more

Major companies vie for India's Green Hydrogen, Electrolyser incentives

20 firms, such as Reliance Industries, Adani Group, Jindal India, Larsen & Toubro, and Bharat Heavy Electricals, have presented bids for incentives related to the manufacturing of electrolysers, according to statements from the Solar Energy Corp of India.Read more

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