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Govt reopens application window for PLI scheme for AC & LED light manufacturing
This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more
Welspun One raises Rs 22.75 billion to develop warehousing properties
The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more
TAITRA calls for adaptation to India's business ethos amid Foxconn controversy
The controversy arose following reports suggesting Foxconn's alleged reluctance to hire married women at its facility, which manufactures Apple iPhones in India. Read more
Airbus and Gati Shakti Vishwavidyalaya to boost aerospace education and research
The initiative is expected to propel GSV towards becoming an industry-driven and innovation-led university, setting a precedent for robust industry-academia partnerships in India. Read more
L&T focuses on green energy & technological advancement for sustainable growth
In alignment with its commitment to sustainability, L&T announced a $12 billion investment plan over the next five years, with a third earmarked for green energy initiatives. Read more
Altair & ARAI join hands to advance technology and digital transformation goals
This collaboration is set to harness state-of-the-art digital twin technology, data-driven design, and artificial intelligence (AI)-powered engineering solutions to help propel innovation and promote sustainability. Read more
BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August
Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more
Indian Railways to produce 10,000 Non-AC coaches by 2025-26
The expansion is part of IR’s strategy to enhance services and cater to rising demand.Read more
Forward Manufacturing Company Pvt. Ltd. inks pact with France’s Pernat Industrie
As part of this JV, Forward and Pernat will collaborate to introduce new technologies to the Indian automotive, aerospace, and defence industries.Read more
LatentView Analytics acquires 70% stake in Decision Point for $39.1 million
Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more