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EaseMyTrip enters into electric bus manufacturing with YoloBus
The company plans to invest Rs 2 billion over the next 2-3 years in research and development, product development, and the establishment of a manufacturing plant.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
Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
Eicher incentivise purchase of new vehicles under Vehicle Scrappage Policy
The program supports the national endeavor to phase out old, unsafe and polluting vehicles.Read more
Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
Magellan Aerospace and Aequs to start engine MRO business in India
Air travel demand in India has surged, making it one of the fastest-growing aviation markets in the world.Read more
Joel George appointed as Kinetic Green VP Sales of 3-wheeler business
Kinetic Green is a pioneering and established OEM in India’s E3W and E2W space. Read more
Ashok Leyland wins contract for 2104 fully built buses from MSRTC
Maharashtra State Road Transport Corporation (MSRTC) is one of the largest state transport undertakings in the country with over 15,000 buses.Read more
KPIL awarded Rs 29.95 billion orders for T&D, B&F & water business
The company is currently executing projects in over 30 countries and has a global footprint in more than 70 countries. Read more
Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals
Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more