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Boeing to invest Rs 300 cr in Chennai Engineering Center, creates over 1,100 jobs

The formal announcement of this investment, facilitated through a Memorandum of Understanding (MoU), is expected to take place during the upcoming two-day Global Investors’ Meet in Chennai.Read more

ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track

Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more

Coimbatore secures Rs 7,814 cr investments as industries minister seals MOUs

More than 210 companies have expressed interest in investing approximately Rs 6,573 crore in Coimbatore in the upcoming years.Read more

Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods

The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more

JSW Group enters JV with SAIC Motor for EV manufacturing in India

The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.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

IOCL proposes doubling LNG Capacity at Ennore Terminal to meet growing demand

Currently, the terminal has a processing and storage capacity of 5 million metric tonnes per annum (MMTPA) of LNG.Read more

SMEs should leverage user-friendly tech like cobots to propel their business”

An industry pioneer since 30 years, Anuj Bihani, Director of Alstrut India Pvt Ltd, has been a catalyst for many companies in introducing numerous technologies to them. Alstrut is focused on providing automation solution to various industries in manufacturing sector. In a partnership with Denmark-based Universal Robot, the company has leveraged the robotics and automation for the SMEs and other manufactures in India. In this interview with Ayushi Khandelwal, he shares insights on the importance Read more

Sajjan Jindal looking to get into Indian auto market, buys stake in MG Motor India

Industrial tycoon Sajjan Jindal is orchestrating the formation of a new company with this stake and subsequently taking over Ford's Chennai factory through this new entity.Read more

Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai

Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more

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