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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
Netweb Technologies inducts computing system manufacturing facility in Faridabad
The facility empowers Netweb to produce 'Make in India' high-end computing systems utilising the latest generation chips from esteemed technology partners such as Intel, NVIDIA, and AMD. Read more
Tata Motors celebrates 9,00,000th vehicle rollout from Lucknow facility
The state-of-the-art manufacturing facility is a significant hub for production of commercial vehicles, including green mobility solutions.Read more
Apple supplier Salcomp to invest Rs 20 billion in Indian facility
India has been trying to take advantage of the trade war between Beijing and Washington, which has disrupted supply chains and forced companies to look for alternative manufacturing locations.Read more
Loop Industries signs joint venture with Ester for India production facility
The India facility will leverage the Infinite Loop technology and existing engineering package which accelerates the lead-time towards ground-breaking, slated to occur by the end of this year.Read more