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US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad
This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.Read more
KONE has the largest and fastest elevators in the tallest building in India.”
In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Amit Gossain, MD, KONE Elevator India, highlights the importance of safety and sustainability in the elevators and escalators industry, along with new growth opportunities.Read more
EMAG India shifts manufacturing landscape
In this interview with Rakesh Rao, Gujuraj Patil, MD, EMAG India, explores trends in the machine tool industry and new opportunities for EMAG.Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
L&T to own 100% of LTSSHF; to buy NPCIL stake
A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more
India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia
This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more
Siemens Limited declares CAPEX of over Rs 10 billion
The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more
Grew Energy to build 3.2 GW capacity manufacturing facility in J&K
India’s first renewable energy player to set up manufacturing facility in J&K.Read more
India-Asean trade agreement review in July
The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more
Titagarh Rail Systems to develop driverless metro trains
A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more