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KPIT technologies drive ahead in automotive tech leadership, expands market presence
According to MD & CEO Kishore Patil, the focus is not on competing with other service providers but on being a leading player in the automotive industry.Read more
Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more
IITs achieve robust placements despite job market challenges
IIT students have received pre-placement offers (PPOs), guaranteeing job placements for those who accept them. These offers have been extended before the official start of final placements.Read more
Talbros Automotive secures Rs 580 cr new business, including major EV order
A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more
Swedish Robotics Firm RSP to launch manufacturing in Chennai
The Indian subsidiary, named Scandinavian Robot Systems India Private Limited, has been officially registered in Chennai.Read more
THK India unveils facility in Sri City for linear motion innovation
This facility stands as THK's sole production unit in India, specializing in the manufacture of linear motion guides and equipment for diverse applications across various sectors.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more
Samsung expands Texas chip plant amidst AI chip supply deal
Samsung is embarking on the construction of an additional building within its semiconductor chip plant in Taylor, encompassing approximately 2.7 million square feet.Read more
India approves 27 firms for in IT Hardware Manufacturing Boost
Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more