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Aerem Solutions and OMC Power partner to finance solar rooftop adoption by MSMEs

Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing solutions.Read more

Exide Industries in battery talks with EV makers

Hyundai is set to become the first Indian automaker to use locally manufactured battery cells for electric vehicles through its agreement with Exide’s subsidiary, Exide Energy Solutions, signed in December 2024. Read more

U.S. FDA to begin surprise checks abroad

The FDA conducts approximately 12,000 domestic and 3,000 foreign inspections annually across over 90 countries. Read more

MoU signing between IN-SPACe and Govt of Karnataka

The MoUs signed include one for establishing a Centre of Excellence for Space Technologies in Bengaluru and the other for setting up of a public-private space manufacturing park that will anchor next-generation satellite and launch-vehicle production.Read more

ICT Mumbai unveils Centre for Energy Science and Technology

Drawing upon ICT’s strengths in research, innovation, and industry collaboration, the new centre is poised to become a national nucleus for excellence in advanced nuclear energy systems and workforce development.Read more

Honeywell launches new leak detection sensor

Hydrogen is colorless, odorless, highly flammable and rapidly diffused, making a leak difficult to detect and allowing the gas to easily escape a storage tank or pipe through seals and joints, creating risk of fires and explosions. With the introduction of Honeywell’s new sensing technology, operators can now intervene early and stop a leak before it becomes a substantial safety risk. Read more

Manoj Kumar Agarwal appointed as Director – Finance & CFO at Exide Industries

Agarwal joined Exide on February 2, 2023 as Deputy CFO. Since then, he has provided leadership and supervision across key functions such as Finance, Accounts, Audit, Treasury, Taxation, Information Technology (IT) and Procurement. Read more

LG to set up Rs 50 billion plant in Sri City

Sri City’s Special Economic Zone (SEZ) hosts global brands across diverse sectors: Colgate-Palmolive’s facility produces over 40% of India’s toothbrushes; PepsiCo operates its largest Indian manufacturing unit sourcing mango pulp from 32,000 farmers; and major hygiene players like Kimberly-Clark and Unicharm reach vast global markets.Read more

US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran

On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more

Funding MSMEs During Economic Flux

Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of India’s economy, contributing 30 per cent to the nation's GDP and 45 per cent to its exports.Read more

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