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Amara Raja announces partnership with Gotion-InoBat-Batteries
The technology transfer and service support will fully complement Amara Raja’s efforts to operationalise its Gigafactory manufacturing capacities.Read more
Amara Raja Invests €20million in InoBat
InoBat, specialises in research, development, and production of batteries for electric vehicles.Read more
EMotorad is constructing the world’s largest integrated e-cycle gigafactory
The gigafactory’s phase 1 spans 2,40,000 square feet and is strategically designed to meet the increasing global demand for sustainable, high-performance electric cycles.Read more
CMS to manufacture Zbee e-3Ws in Pune; eyes global expansion
The company intends to manufacture the Zbee in India for global export. 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
JK Tyre receives ISCC Plus Certification; first Indian tyre manufacturer
The company received this certification for their sustainable operations at their Chennai based production plant. Read more
Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing
Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more
RR Kabel launches Firex LS0H-EBXL emphasising industrial safety
Firex LSOH-EBXL, unlike PVC based counter parts, is not only chlorine free but its non-toxic, non-corrosive & offers safety tenfold.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Why MSMEs want a review of Section 43B(h)?
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more
