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Exicom acquires US EV charging firm Tritium for $37 million
Tritium specialises in creating hardware and software for DC fast chargers, serving notable clients such as BP Pulse, ChargePoint, and Shell Recharge.Read more
CG Power acquires Renesas Electronics’ RF Components for $36 million
Renesas, a Japan-based leader in advanced semiconductor solutions, generated $56 million in revenue from its RF components business in 2023.Read more
G&B completes electrical work for Rs 670 million Mumbai underground metro
The project is expected to reduce city congestion by 15% and contribute to India's 2070 net-zero goal.Read more
Aurobindo to acquire remaining 49% stake in GLS Pharma for Rs 225 million
Aurobindo initially acquired a 51% stake in GLS Pharma from promoters Suresh Pathak and his family on June 17, 2022.Read more
Euro Panel Products invests Rs 300 million in advanced coil coating line
The investment encompasses machinery and land costs and is set to create 50 immediate jobs, with an additional 25 positions expected within six months, thus contributing to local employment and economic development. Read more
JBM Auto secures $100 million for electric bus expansion
JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more
REC commits $280 million to Hygenco's green ammonia project in Odisha
In July, it was reported that Hygenco is in talks with global investors for a potential stake sale to raise about $400 million for future expansion.Read more
Shyam Metalics began Phase I of a greenfield Cold Rolling Mill at Jamuria plant
The project was commissioned in September 2024.Read more
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
L&T to invest over $300 million to establish a fabless semiconductor company
Semiconductors have become crucial globally, particularly amid the US-China trade tensions, prompting electronics manufacturers to seek alternatives beyond China and Taiwan. Read more