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India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
German firm thyssenkrupp opens new engineering office in Pune
The new office of thyssenkrupp Industrial Solutions India - one of the leading engineering companies in India for chemical plants and projects - accommodate approximately 350 engineersRead more
Banks sanction loans worth Rs 1.25 cr to 25.74 lakh MSMEs till Sept
The latest numbers on ECLGS, as released by the ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs). Read more
JNCASR scientists develop low cost method for producing graphene
This research output comes at the right time when India is contemplating alternative technologies to develop battery options for Indian electric vehicles (EVs) to do away with the dependency on China for import of lithium ion cells. Read more
Dalmia-OCL launches refractory line for Magnesia Carbon to reduce imports
Magnesia Carbon brick is widely consumed by the steel industry and most of the current demand (about 300,000 tonne annually) is met through imports. Dalmia-OCL is putting up new capacity of 108,000 tonne for Magnesia Carbon brick in 3 phases.Read more
Kusam-Meco will launch products to meet new applications: Chandmal Goliya
In this IPF interview, Chandmal Goliya, Director, Kusam Electrical Industries (Kusam-Meco) discusses the need to focus on R&D to develop quality products and the company’s future plans.Read more
FLIR introduces TG165-X MSX Thermal Camera with failures detection
The new addition improves identification of hot spots that indicate electrical or mechanical failures and the cold spots that indicate water or air leaks.Read more
AVEVA expands new program to heavy and discrete industries
With AVEVA Select, partners will be able access the entire AVEVA portfolio.Read more
VO Chidambaranar Port invites to set up port-led units
According to an Expression of Interest (EoI) issued by VOCPT, 1,680 acres of plots are available for lease on a long-term basis.Read more
Continental launches hybrid CV tyres
The all-wheel tire offers the flexibility of fitment on both steer and drive axleRead more