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CG Power acquires majority stake in GG Tronics for Rs 3.19 billion
The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more
Murugappa Group’s CG Power to finish Rs 6.62 bn capacity expansion in 18 months
CG Power also kicked off the expansion of the production capacity of the large industrial machines (LIM) unit of the company situated at Mandideep, Bhopal, at an investment of Rs 350 million.Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more
Israel's Tower Semiconductor proposes $8 bn chip plant in India
The company aims to produce 65 nanometre and 40 nanometre chips, applicable in various sectors such as automotive and wearable electronics.Read more
CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
CG Power and Industrial Solutions unveils 7th motor manufacturing facility for Smart LV Motors
The new facility will manufacture Smart Electric Motors from 75 kW to 1000 kW.Read more
