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ZF Lifetec opens €5 million global competency centre in Hyderabad

The current team of 220 engineers in Hyderabad is set to grow to over 500 in the next five years, as the company expands its capabilities in line with increasing demand.Read more

BPCL approves JV with Sembcorp Green Hydrogen India and GPS Renewables

BPCL will hold a 50% stake in each joint venture, aiming to accelerate its energy transition and meet its net-zero goals.Read more

Paper manufacturers to invest Rs 250 billion in capacity and technology

Naini Papers is investing Rs 20 billion in a 125,000 tonne plant in Uttarakhand to produce paper pouches, intended to replace single-use plastics in food packaging.Read more

Hanwha Precision Machinery targets EMS markets in Mexico and India

At SMTA Guadalajara 2024, Hanwha presented its high-speed chip-mounters, HM520W and HM520, designed to meet Mexico’s diverse production needs, from small mobile devices to large automotive and network equipment.Read more

Altem Technologies wins SME Empowering India Award 2024

The award was presented to the company by Giriraj Singh, Union Minister of Textiles, at the award ceremony held at Eros Hotel, New Delhi.Read more

Job creation in manufacturing doubles between FY14 and FY23

While the share of manufacturing in India’s GDP remained steady at 16-17% during FY14-FY23, the government aims to increase it to 25% by the end of the decade.Read more

China's steel exports a concern for India; Tata Steel TV Narendran

China, which produced 54% of the world’s crude steel in 2023, has been increasing its steel exports amid a slowdown in domestic demand, particularly due to challenges in its real estate sector.Read more

Thermax partners with Ceres for large-scale green hydrogen production in India

The partnership aims to accelerate the adoption of SOEC technology in India and globally, enhancing green hydrogen production.Read more

China orders automakers to avoid investing in India to safeguard EV technology

The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more

Caterpillar to invest Rs 5 billion to expand Tamil Nadu facilities

In addition to this MoU, agreements worth Rs 70.16 billion were signed with 16 global companies in San Francisco and Chicago.Read more

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