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Niti Aayog member Virmani encourages Chinese investment to push local production

China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more

EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV

EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more

Metalogic PMS holds conference on steel & metals for India's defence sector

The country's defence sector has shown impressive progress, with annual domestic defence production reaching nearly Rs 1.27 trillion in FY24, a 16.7% rise from Rs 1.09 trillion in the previous fiscal year. Read more

All India Steel Bottles Association praises GOI initiative for stainless steel bottles on BIS certification

To facilitate this, BIS is offering faster approvals, licenses, and discounts for manufacturers setting up units within India, differentiating products based on their place of manufacture. Read more

Kalyani Strategic Systems acquires license for defence manufacturing

KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more

Havells always offers safe, efficient electrical products

In this interview with Rakesh Rao, Saurabh Goel, Executive President, Havells India Ltd, delves into the company’s product innovations and trends in the fast moving electrical goods industry.Read more

Apple to start iPhone 16 pro model manufacturing in India

Production of these flagship models is expected to begin within this fiscal year, with Foxconn handling the manufacturing process.Read more

BHEL wins Rs 100 billion contract for a thermal power station in Jharkhand

BHEL will supply key equipment, including boilers, turbines, generators, and associated auxiliaries. Read more

Google and ElectricPe to bring EV charging stations to in India

This feature, which will be live on both Google Maps and Google Search, is a world-first for two-wheelers and will be expanded to other regions.Read more

CG Power acquires majority stake in GG Tronics for Rs 3.19 billion

The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more

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