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France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM
With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more
Trump victory raises optimism in India's chemicals, textiles sectors
According to Chemexcil, India’s chemical exports to the U.S. reached $2.86 billion in 2023-24, though this marked a 26% decrease from the previous year.Read more
MAGIC selected for DPIIT's Startup India Manufacturing Incubator Initiative
This initiative aims to fuel innovation within India's manufacturing sector, creating new opportunities for manufacturing-focused startups.Read more
INOX secures contract from Highview Power, UK for world's largest LAES project
This is the first instance of cryogenic tanks being used at industrial scale for clean energy storage.Read more
EtchON has been appointed as the exclusive national distributor for ZERO ONE
Their expertise serves diverse sectors, from automotive and medical to food packaging and precision instruments, supporting both metal and non-metal marking needs.Read more
Tata Electronics and Tokyo Electron to build India's first chip fab facility
These investments total Rs 910 billion and Rs 270 billion, respectively, aiming to serve global markets with semiconductors for automotive, mobile, AI, and other sectors.Read more
Emerson proposes $15 billion buyout to acquire remaining AspenTech stake
Under the new proposal, Emerson would pay $240 per share in cash, amounting to around $6.53 billion for the stake it does not own.Read more
L&T to acquire 21% stake in E2E Networks in Rs 13.27 billion deal
E2E Networks specialises in CPU and GPU-based cloud computing platforms, leveraging its relationship with NVIDIA to support large-scale general and AI workloads. Read more
Gateway Distriparks launches double stack rail services at ICD Faridabad
With the addition of ICD Faridabad, GDL now operates Double Stack services at three hubs, including its ICDs in Gurgaon and Viramgam, all connected through the WDFC. Read more
Karnataka's Kannada labelling mandate stirs concerns among export manufacturers
An anonymous FMCG executive told the source that industry standards usually support a uniform packaging design across markets. Read more