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India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

Valeo announces the sale of its thermal systems business in Russia to NPK Avtopribor

It will enable the 124 Russian employees in this business to keep their jobs. This sale will be carried out without any capital gain or loss.Read more

Celeros Flow Technology realigns its strategy to help customers better energy future

The company announced its vision to make sustainability the driving force behind its product development and lifecycle services following the recent divestment of its filtration business.Read more

Operational technology is getting more & more connected to IT

In this interview, Bipin Jirge, Managing Director, ifm electronic India Pvt Ltd, explains the importance of automation to gain competitive-edge in the industry.Read more

Ministry to set up Bharat Semiconductor Research Centre, targets global leadership by 2028

Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said.Read more

Garuda Aerospace soars: Pioneering India's drone revolution

The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more

Zetwerk unveils Rs 1000 cr investment plan to expand consumer electronics manufacturing

The company aims to focus on various aspects of EV technology, including battery management systems, battery packs, power drainage solutions, and associated electronic components.Read more

GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs

As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more

Experts converge at Indian Industry Bodies Meeting on Quality Infrastructure by NABCB

Meeting held on October 13, 2023, highlighted crucial aspects of challenges and future needs for Quality Infrastructure among various industries including Electronics, IT, Telecom, and Engineering & Capital Goods Sectors.Read more

Wipro Pari acquires majority stake in Italy's Ferretto Automation

This acquisition will help Wipro to expand its offerings beyond the in-factory automation solutions to both industrial, CPG (Consumer Products Group), retail and e-commerce warehousing, storage and automation solutions.Read more

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