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Indian defence industry to grow around 20% from FY24-FY29: CareEdge

India’s defence exports include a diverse array of products such as aircraft, naval systems, missile technology, and military hardware.Read more

Škoda Auto Volkswagen India begins Škoda Kylaq production

This is the group’s fifth model to be built on the robust MQB-A0-IN platform with high levels of localisation. Read more

India Resurgence Fund to acquire Anthea Aromatics for $125 million

IndiaRF, which raised its inaugural $629 million fund with contributions from the Canada Pension Plan Investment Board (CPPIB) and World Bank’s IFC, invests across industrial, infrastructure, and consumer sectors, focusing on revitalising companies through recapitalisation and operational reformsRead more

ABB India upgrades Faridabad plant to enhance sustainability efforts

The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more

IIT Bombay partners with ABB India to set up electrical machines and drives lab

The teaching lab will feature energy-efficient, mechanically coupled electrical machine sets, variable frequency drives (VFDs), and programmable logic controllers (PLCs), focusing on delivering practical training in electrical machines and drives. Read more

Škoda Auto Volkswagen India plays a vital role in ethical sourcing of Indian coffee

The byproduct, coffee bean husk, is used as a tanning agent for leather seats in Škoda Kodiaq and Octavia models, supporting the circular economy.Read more

GST Council introduces Reverse Charge Mechanism on metal scraps

Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more

ABB India and ESSCI make smart centre for electrician training in Haryana

The electrician training initiative will involve an end-to-end program management solution to screen and select the right candidates, train them, and provide job opportunities locally.Read more

ABB India funds educational programs in 148 Karnataka government schools

These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more

ABB drives energy efficiency in Indian industries with high-quality motors

ABB India's IEC low voltage motors are not just enhancing industrial processes, but are also leading the charge towards energy efficiency in Indian industries, writes Karthik Muthuveeran. Read more

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