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Exicom acquires US EV charging firm Tritium for $37 million
Tritium specialises in creating hardware and software for DC fast chargers, serving notable clients such as BP Pulse, ChargePoint, and Shell Recharge.Read more
CG Power acquires Renesas Electronics’ RF Components for $36 million
Renesas, a Japan-based leader in advanced semiconductor solutions, generated $56 million in revenue from its RF components business in 2023.Read more
Safran Group to establish defence electronics unit in India to strengthen ties
The strategic dialogue also included discussions on joint development of unmanned sub-surface, surface, and aerial systems, including underwater drones for submarines. Read more
On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
Ashok Leyland partners with Nidec to develop novel e-drive motors
Ashok Leyland and Nidec will work together to establish a Centre of Excellence (CoE) for Electric Drive Units (EDUs). Read more
G&B completes electrical work for Rs 670 million Mumbai underground metro
The project is expected to reduce city congestion by 15% and contribute to India's 2070 net-zero goal.Read more
GreenLine partners with Sterlite Copper to increase deployment of LNG vehicles
The partnership was initiated with the flag-off of LNG trucks at Vedanta's Sterlite Copper Plant in Silvassa.Read more
India may miss net-zero emission goal by a decade without green hydrogen boost
Despite growing interest in renewables, traditional oil and gas companies have delivered 8.3% higher capital returns compared to their green energy counterparts over the past five years, according to S&P Global Commodity Insights.Read more
Logicap and Mitsubishi Estate sign JV for industrial and logistics development
The seed portfolio includes facilities strategically located in the National Capital Region (NCR) of Delhi. Read more
Hartek crosses 10 GW solar milestone
The company recently released that they are aiming at Rs 100 billion revenue by 2030.Read more