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John Cockerill and Greenko to invest Rs 28 billion in electrolyser facility
Michel stated the plant will have an annual capacity of producing 2 gigawatts of electrolysers, which are essential for producing green hydrogen by splitting water into oxygen and hydrogen using renewable energy.Read more
Goyal urges auto component makers to seek investment from EFTA countries
The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more
India's auto comp industry to triple to $200 billion by 2030
By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more
GTRI warns of India becoming an 'EV colony' for China
GTRI urged the government not to rush into providing significant incentives, warning that doing so could increase India's reliance on Chinese imports. Read more
Applied Materials eye India; consider Tamil Nadu for chip manufacturing unit
The company may initially focus on developing an advanced AI-enabled technology centre in Chennai, creating 500 jobs, with potential future expansion into manufacturing.Read more
Pritika Group targets Rs 9.5 billion in 3 years with Rs 6.5 billion order book
The company also reported a consolidated EBITDA of Rs 541 million, reflecting its operational efficiency.Read more
LAPP to display cable & connectivity solutions at Renewable Energy India Expo 24
From solar and wind power generation to energy storage systems, LAPP India offers a wide range of cables, connectors, and accessories that ensure optimal performance, efficiency, and durability.Read more
India’s Top 100 Engineering Companies
Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more
Controlled Pneumatics by Festo; first high-precision proportional valve terminal
The directly controlled VTEP uses piezo technology which, together with the appropriate control technology, makes the pneumatics extremely precise, fast, and economical.Read more
Rising costs and weak demand may force steel companies to cut output
In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more