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Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers

In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel.Read more

NSK Steering Systems to be renamed Rane Steering Systems after RHL buy out

Despite the change in ownership, the company will maintain its existing technology license and supply agreements with NSK Steering & Control, Inc.Read more

Focus on incremental reforms

According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more

Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion

It is planning to expand the capacities for its new product lines which will include component for handsets.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more

Altair inks pact to buy Metrics Design Automation Inc.

The DSim, combined with Altair’s silicon debug tools, will deliver superior simulation and debug capabilities in the EDA and semiconductor space.Read more

Yamaha Motor celebrates 69 years excellence

Yamaha Motor with its Blue Streaks riding community will collaborate with the NGO - SMILE Foundation for a heartening initiative to support the underprivileged children. Read more

India needs to tackle Chinese and other steel imports; Ranjan Dhar, AMNS India

India is already a net importer of steel for FY24 and two months into FY25, with exports continuing to decrease in the face of rising Chinese imports.Read more

Indian Army unveils first chip-based, made-in-India 4G base station by Signaltron

The majority of the base stations deployed in India are not made in India.Read more

IISER Tirupati develops hydrogen generation method from methanol & formaldehyde

The rapid depletion of fossil fuels has spurred the search for alternative energy sources, highlighting the need for sustainable and renewable resources.Read more

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