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Hindalco Industries to invest Rs 800 cr in new battery foil plant in Odisha

The new plant will augment the company's manufacturing capacity for high-quality aluminum foil, essential for rechargeable batteries, to cater to the rapidly expanding market for electric vehicles (EVs) and energy storage systems.Read more

India's green hydrogen initiative garners interest, major players sit out initial subsidy auction

Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.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

Importance of addressing system for long conveyors in heavy industries

Long Conveyor is an important component in heavy industries. Ashish Chane conducts a study and presents a white paper on addressing its importance and benefits to the organisations.Read more

CIL phasing out imports for boosting domestic mining equipment manufacturing

Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more

Ministry of Heavy Industries champions localisation for global manufacturing hub

The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more

Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing

The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more

Exide invests Rs 100 cr in energy solutions, resolves trademark dispute

Exide Energy Solutions, a wholly-owned subsidiary of Exide Industries, specialises in the production of battery cells, assembly, and the sale of battery modules and packs.Read more

Indian Biogas Sector sees surge: Expects Rs 1,500 cr in Foreign Investments

During the Renewable Energy India Expo 2023, investment agreements amounting to Rs 2,755 crore were sealed, nearly double the figures from the previous year.Read more

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