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Vertiv expands global manufacturing with state-of-the-art facility in Pune
Encompassing 4.8 acres (210,000 square feet), the facility is dedicated to manufacturing a comprehensive range of cooling solutions, spanning from 200W to 2MW+.Read more
Synaptics eyes robust growth in India's smart devices market through MII
Michael Hurlston, the President and CEO of Synaptics, shared that a significant opportunity has surfaced as local manufacturers seek semiconductor and software providers to enhance the scale of domestic production in these device categories.Read more
Indian exporters navigate global shipping challenges amidst Red Sea conflict
Dr Ajay Sahai, the DG and CEO of the Federation of Indian Exporters Organisation urged for local production of corrugated steel, a component not presently manufactured in India, through backward integration.Read more
Tiger logistics secures BHEL contracts for comprehensive logistics services
The company will now be responsible for managing import and export operations by sea, offering services such as custom clearance, forwarding, handling, transportation, and warehousing services to BHEL.Read more
MIDHANI elevates global presence, pioneering critical aerospace materials
This move is particularly significant as India aims to finalise a deal with US-based GE Aerospace for the domestic manufacturing of F414 fighter jet engines.Read more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
India's medical device imports surge by 21%, sparks calls for policy re-evaluation
The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more
RE Minister inaugurates IEEMA exhibition, conference BID -2024 in Mumbai
There is a huge market for manufacturers of electricity sector in the country says RK Singh. Read more
Tata Passenger Electric Mobility commences production at new facility in Gujarat
This event marks a significant milestone for the company and was celebrated with the roll-out of the first Tata branded car from this world class facility.Read more
Hyundai, IIT-M join forces for Rs 180 cr Hydrogen Valley Innovation Hub in Chennai
The memorandum of understanding, signed during the recent Global Investors Meet, involves Hyundai Motor India, IIT-Madras, and Guidance Tamil Nadu, the state government's investment promotion agency.Read more