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Sterling Tools partners with GLVAC to boost EV component manufacturing in India
With an expected business impact of Rs 2.5 milllion by FY30, the venture involves an investment of around Rs 400 milllion to establish a new production facility in Bengaluru.Read more
Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing
The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.Read more
ACC batteries’ demand to grow at a CAGR of 50%, says CII report
Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more
Apple Takes Strategic Steps to Enhance Local Component Manufacturing in India
Apple's strategic moves to bolster local manufacturing in India for market expansionRead more
ELCINA plays a significant role in promoting local component manufacturing
In 1967, ELCINA (Electronic Industries Association of India) established as the first industry association to support electronics hardware industry of India. Since then it has been actively working on the policy and business environment issues of the E&E Industry. In this interview Rajoo Goel, Secretary General, ELCINA shares the significant work of ELCINA giving an overview on the developments in the past years.Read more
Can India emerge as global EV parts making hub?
Localisation of supply chains is being seen as a springboard to scale up and boost competitiveness domestically, with India also identified as a promising manufacturing hub for electric vehicle parts export, says Prajyot Sathe.Read more
Alstom opens components manufacturing facility in Coimbatore
With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more