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India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Coimbatore MSMEs embrace EV Industry with Skilling Program
This initiative is a collaborative effort between the Facilitating MSMEs in Tamil Nadu (FaMe TN) and the World Resources Institute (WRI-India).Read more
Siemens to acquire Mass-Tech Controls’ EV division
Siemens enters into an acquisition with Mass-Tech Controls to acquire EV division of the company strengthening its capability to address fast-growing demand for electric vehicle charging infrastructure in India, expand local market presence, and enable creation of export hub.Read more
Mahindra Research Valley at the forefront of automotive technology
Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more
FLASH partners with Slovenia-based GEM motors strengthening global EV prowess
FLASH has collaborated with GEM motors, one of the leading European innovative companies specialised in developing high-tech electric motors for electric vehicles, to strengthen its electric vehicle (EV) competencies and portfolio.Read more
Statiq wins REIL contract to supply 253 chargers for 4 highway projects
The state-owned company Rajasthan Electronics and Instruments Limited (REIL) will procure approx. 253 chargers from Statiq and install them across 4 highway projects to ease EV range anxiety.Read more
