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Exicom to acquire Tritium; to expand global footprint in EV charging

Exicom will have access to Tritium’s cutting-edge manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, AustraliaRead more

Wipro Hydraulics acquires US-based Columbus Hydraulics

Established in 1952, Columbus has built a reputation in the industry, delivering custom hydraulic solutions for a variety of applications including agriculture, construction, turf maintenance and marine applications.Read more

Battery Smart achieves 100,000 daily swaps on EV battery swapping network

With 1,100 stations now spread across 30+ cities in India, the company has emerged as the leading player in the battery swapping sector, surpassing 40 million cumulative swaps to date.Read more

EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV

EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more

Rs 270 billion Tata Electronics chip plant to be active from 2025

The plant will produce 48.3 million chips per day using indigenously developed technologies.Read more

Kalyani Strategic Systems acquires license for defence manufacturing

KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more

Budget FY25 Decoded!

With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more

CG Power acquires majority stake in GG Tronics for Rs 3.19 billion

The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more

Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus

Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more

Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion

This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more

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