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PMI Electro Mobility secures Rs 250 Cr Investment from Piramal Alternatives
The strategic investment is from the Performing Credit Fund (PCF), the sector-agnostic fund of Piramal Alternatives to bolster PMI Electro Mobility’s Business Expansion and Sustainability initiativesRead more
We are reinventing India Centric Automation in our own way
Wipro PARI, a user as well as provider of digital/automated solutions in the industry, is one of the largest global automation companies. In this interview, Sundararaman G, Co-CEO, Wipro PARI, Wipro Infrastructure Engineering talks about Industry 4.0 ecosystem, low-cost routes to automation, and emerging trends in the automation and digital manufacturing. Read more
Sajjan Jindal looking to get into Indian auto market, buys stake in MG Motor India
Industrial tycoon Sajjan Jindal is orchestrating the formation of a new company with this stake and subsequently taking over Ford's Chennai factory through this new entity.Read more
Posco Daewoo set to revitalise Indian market with electric mobility, consumer electronics
Apart from electric bikes and e-cycles, the company plans to introduce a range of power and energy products, including solar panels and inverter batteries, as well as consumer electronics such as LED televisions, air purifiers, and refrigerators.Read more
Foxconn, Nvidia join forces for AI factories revolutionising tech production
Expanding its horizons beyond electronics assembly, Foxconn has ventured into the competitive electric vehicle sector, unveiling concept cars at its annual Read more
Tata Group breaks ground on Punjab Steel Plant, pioneering recycling innovation
This venture, spearheaded by the esteemed Tata Group, entails an investment of Rs 2,600 crore and is poised to create 2,500 employment opportunities within the state.Read more
China imposes export permits on graphite amid global supply chain concerns
This move is part of China's strategy to regulate the supply of critical minerals, particularly in the face of challenges to its manufacturing dominance.Read more
Servotech, IIT Roorkee collaborate to develop rectifier units of CCS2 chargers
This collaboration will boost domestic manufacturing capabilities and promote the growth of the domestic EV industry.Read more
Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai
Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more
Global 'Invisible' E-Waste crisis: $10 bn worth raw materials discarded annually
The United Nations revealed that consumers worldwide discard or retain unused electronic devices, containing valuable raw materials essential for the green energy transition, amounting to nearly $10 billion annually.Read more