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Automotive Manufacturers unveils a service facility in Paloncha, Telangana
Automotive is one of the largest dealers of Ashok Leyland with an extensive network of 105 service touch points spanning six states including Andhra Pradesh, Telangana, Maharashtra, Karnataka, Chhattisgarh, and Uttar Pradesh.Read more
AMPL unveils state-of-the-art service facility in Renigunta, Andhra Pradesh
Automotive Manufacturers Private Limited (AMPL), one of the largest dealers of Ashok Leyland inaugurated their State of the Art service facility at Renigunta, Andhra Pradesh.Read more
Tech up, cost down: igus presents cutting-edge technology at EMO 2023
Among other things, igus presented low-cost robotics, its online CNC service, a 3D-printed assembly frame, and economical energy chains for sustainable, cost-optimised production.Read more
Rising logistics demand expected to create 10 mn jobs in India by 2027, says TeamLease report
According to one of the leading staffing companies, TeamLease Services, the positive momentum in the logistics sector, which is growing at a 12% CAGR, is expected to add 10 million jobs by 2027.Read more
Schneider Electric India to make Rs 3,200 cr investment for growth by 2026
CEO & MD, Deepak Sharma who also holds the position of President for the Greater India region disclosed these investment details during an interview.Read more
Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India
In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.Read more
Tata Steel launches fully automated Construction Service Centre in UP
The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more
Bajaj Finance plans to venture into SME, 4-wheelers, tractor financing
During Q1FY24, Bajaj Finance recorded a significant increase, with 79.94 million new loans, representing a 34% growth compared to the previous year.Read more
Intel and Tower Semiconductor forge new partnership after failed acquisition
Tower Semiconductor will invest up to $300 million to acquire equipment and other assets that will be stationed within Intel's manufacturing facility in New Mexico, USA, operated by Intel Foundry Services.Read more
GeM to implement penal interest for delayed payments by govt departments
Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more