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US tech firm, LAM Research eye Karnataka expansion
LAM Research, the prominent US-based semiconductor equipment and services provider, has shown interest in establishing a new laboratory in Karnataka, as confirmed by the office of Karnataka's Minister.Read more
Naveen Jindal eyes African Venture, Steel Mill in Nigeria, Power Plant in Botswana
In this endeavour, Vulcan Steel, a privately held entity under the Jindal family's purview, has committed to constructing a steel plant with an annual production capacity of 3 million metric tonnes (mtpa).Read more
CDIL eyes Semiconductor Fab in India amid expansion plans
Continental Device India is concentrating on its local ATMP business, planning to expand its current production capacity of 500 million units by an additional 100 million units.Read more
South Korean battery giants face Chinese competition, eye innovation to stay ahead
South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more
Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more
Japan's Marubeni Eyes High-Tech Industrial Park in Karnataka
The ambitious project stands at Rs 28 billion of investmentRead more
Why India is the next big thing in manufacturing
With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more
Mbo Osswald offers seamless order tracking service with added product range
Mbo Osswald is a metal products manufacturer, founded in 1967 with a focused manufacturing of bolt and clevises. With several developments during these years, the company is all set to showcase its online portal’s added services and product range at the trade fair Hannover Messe, 2023.Read more
PLI schemes: Making India a global manufacturing hub?
The Production Linked Incentive (PLI) schemes have come at an opportune time when investors are been looking to diversify their manufacturing operations across the globe as part of their China Plus One strategy. The scheme is a testament to the vision of the Government for providing long-term industrial support, writes Bhavesh Thakkar.Read more
Askar Microns plans to double production, eyes exports
Manufacturer of CNC machine tools for the past 27 years, Askar Microns is looking to capitalise on the growing machine tools market. At IMTEX 2023, it introduced two 45-degree slant bed designed machine tools.Read more