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Shibaura Machine India opens Rs 2.25 billion injection moulding machine facility
Over the next 3-4 years, SMI expects to create new jobs and develop approximately 50 MSME vendors to support the expansion.Read more
LatentView Analytics acquires 70% stake in Decision Point for $39.1 million
Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more
MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more
Rockwell aims net zero targets and manufacturing goals at IIOTM in Chennai
The fifth edition of IIOTM brought together manufacturing leaders, technology experts, innovators and policy makers who deliberated on smart and sustainable manufacturing dynamics for IndiaRead more
Eicher and ITC partner to promote sustainable logistics
Eicher Pro 2055 EV, India’s first commercially available 5.5ton truck was showcased at the Bharat Mobility Global Expo 2024.Read more
Alstom commences production of driverless trainsets for Chennai Metro Phase II
These new trains are the most advanced state-of-the-art green vehicles, designed for a safe speed of 90 kmph and operational speed of 80 kmph.Read more
STT GDC India has signed MoU with the Govt of TN to invest Rs 1900 cr
STT GDC India envisages creating additional data centre capacity of up to 80 MW critical IT load in multiple phases over the next 5 to 7 years across suitable locations in the state.Read more
Valeo expands its Group Technical Centre in Chennai
This state-of-the-art infrastructure with over 1,000 workstations will host Hardware-in-the Loop (HIL)/ Software-in-the-Loop (SIL) farms and a cybersecurity test lab.Read more
Constructing safely: Preventing slips, trips and falls
Performing risk assessment to identify potential for slips, trips, and falls is the first step towards keeping people safe from hazards at the workplace, says Kamarajan M in this article while informing on some measures towards workplace safety.Read more
Industrial & Warehousing demand consolidates in 2023, at ~25 mn sq ft
While H1 2023 was relatively subdued, leasing activity picked up in the second half of the year, with H2 2023 witnessing a 26% rise on a half yearly basis. During the year, Pune led the demand with 25% share closely followed by Mumbai at 22%.Read more