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Interarch Building Products invests Rs 950 million+ in PEB manufacturing plant
The plant will add 60,000 MT per annum over 2 phases, increasing the overall capacity to 200,000 MT per annum.Read more
Minda Corp signs TLA with Sanco to offer EDS solutions for EVs
Under this agreement, Minda Corp & Sanco will locally develop EV connecting systems, charging gun assemblies with sockets and accessories, bus bars, cell contact systems, Power Distribution Units (PDU) and Battery Distribution Units (BDU).Read more
50% of Gen Z prefer solar solutions; Millennials follow at 46% and Gen X at 40%
28% of baby boomers (age 58-76) consider solar energy solutions inaccessible.Read more
Adani Green and TotalEnergies to form $444 million joint venture
Adani Green Energy stated that both companies will equally share the equity of the joint venture, named ARE64L, with each holding a 50% stake.Read more
SBI to adopt cash-flow based lending for MSME loans up to Rs 50 million
SBI is collaborating with multilateral development banks and large multinational banks to address these challenges.Read more
Welspun approves $100 million investment to boost US pipe manufacturing
The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more
Ramkrishna Forgings approves Rs 575 million aluminium forging project investment
Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more
Solartive wins Rs 488 million bid from JREDA to equip farmers with solar pumps
The initiative aims to address the irrigation challenges farmers face, particularly those in remote areas with limited access to reliable electricity. Read more
India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement
This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more
Centre unveils $15 billion blueprint to establish India as a major chip hub
As part of the new blueprint, the government plans to reduce the capital expenditure subsidy for assembly and testing plants (ATMP/OSAT) from the current 50% to 30% for conventional packaging technologies, and to 40% for advanced packaging technologies. Read more