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Vedanta Aluminium expands to 66 units of e-forklifts; India’s largest fleet
The introduction of electric lithium-ion forklifts helps mitigate the company’s carbon footprint significantly.Read more
Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27
Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more
Daikin to expand compressor manufacturing to two million units in India
Daikin is also exporting to markets such as South Africa, the Middle East and South America helped by its new 75-acre Sri City manufacturing unit.Read more
Sundram Fasteners receives Rs 40 billion in EV orders; to expand further
Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
ABB acquires China-located Siemens’ Wiring Accessories; expands portfolio
The acquisition will also give access to a wide distribution network across 230 cities in China and provide additional expertise from regional sales, manufacturing operations and management teams. Read more
Lam Research expands semiconductor fabrication equipment supply chain in India
The Ministry of Electronics and IT is in pursuit of developing a downstream ecosystem with industries that utilise output to manufacture finished products, including equipment manufacturing.Read more
Germany's Rittal expands capacity in India with new Integration Centre
The new Integration Centre for cooling units and LCP solutions will increase company’s overall production capacity and meet the growing demand for industrial cooling solutions in the market.Read more
LOHUM secures $54 million in Series B Funding to expand global market
LOHUM, India's largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposingRead more
Finolex Cables to invest Rs 580 crore to expand optic fibre cables capacity
This expansion in Maharashtra encompasses the installation of fibre draw towers and the implementation of backward integration for the production of glass preforms, crucial in the fibre drawing process.Read more