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India’s export of engineering goods crosses $8 bn mark in May 2021
May 2021 witnessed YoY growth for engineering goods and the US topped as India's export destination at $1,022 million. Shipments to China continued to decline and fell sharply by 35% to $444.65 million, says EEPC India.Read more
Parason partners Zume to launch moulded-fibre manufacturing facility
Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, announced its partnership with India-based Parason, a leading global pulp and paper industry supplier.Read more
British Safety Council offers free e-learning courses to manage mental health
The council is offering free e-learning courses to help people cope with mental health issues arising from working from home during the pandemic.Read more
Piyush Goel: Startups are new champions of Aatmanirbhar Bharat
The minister said that the government is ready to act as an ‘Enabler rather than Regulator’. Read more
Ministry of Commerce & Industry unveils Trade Facilitation Mobile App
The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more
PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment
With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more
L&T Heavy Engineering flags off world’s heaviest LC-Max reactors ahead of schedule
These 3 super-heavy reactors weighing 2260 MT will help Hindustan Petroleum Corporation’s Visakh Refinery Modernization Project to convert the heaviest oils to high-quality BS-VI diesel, as well as increase feedstock and improve product flexibility.Read more
Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India
With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.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
Tyre maker TVS Srichakra to invest Rs 10 bn for expansion
The company will make this investment over a period of 3 years in its Madurai (Tamil Nadu) and Pantnagar (Uttarakhand) plants to increase 2 & 3 wheeler tyre capacity by 25-30 per cent and doubling its off-highway tyre capacity from current levels.Read more