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DEP’s vehicle parameterization tech reduces weight and makes it fuel efficient

The technology of parameterizing complete vehicle CAE models using design enabled optimisation in DEP MeshWorks and the process of multi-disciplinary optimisation are the key pieces that deliver value. This CAE driven process has been deployed successfully in both early-stage vehicle development as well as for optimising existing platforms.Read more

A women-led startup develops Giga Mesh for low-cost internet connectivity

The wireless product called Giga Mesh could enable telecom operators deploy quality, high-speed rural telecom infrastructure at 5 times lower cost. Read more

COGOS to deploy 1000 EVs logistics fleet with Altigreen 3 & 4 wheelers

COGOS plans to bring in at least 30% of its revenue from green technologies by 2023 and this agreement paves the path to reach their sustainable goals.Read more

PLI scheme for bulk drugs and medical devices receives 243 applications

Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more

TDK launches Trusted Positioning as Independent Software Business

TPI’s inertial navigation solutions provide highly accurate positioning for the autonomous vehicle, automotive infotainment/telematics, robotics, two wheeled micromobility and indoor positioning markets.Read more

IESA lauds new PLI Scheme allocating Rs 18, 100 cr for Advanced Chemistry Cell

IESA has been actively working in this space for the past three years, collating information from industry players (IESA member companies) and submitting inputs on the discussion for Advanced Battery Manufacturing in India.Read more

ICRA lauds CBEC policy revision for CFS/ICD/AFS to address overcapacity concerns

The revised policy for setting up CFS/ICD/AFS tries to address the issues of geographical disparity and concentration and aims to align future developments with projects like rail freight corridor and inland waterways.Read more

JCB Group appoints Deepak Shetty as Deputy CEO & MD in India

Beginning next year, Deepak will take over as MD and CEO from Subir Kumar Chowdhury, 61 years, who has announced his retirement after his 15-year stint with JCB India.Read more

Complete list of 101 defence items selected for progressive import ban

Ministry of Defence's import embargo on 101 items - that include simple parts as well as some high technology weapon systems - is expected to offer a huge opportunity of about Rs 4,000 billion to the Indian defence industry within the next five to seven years.Read more

Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry

The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more

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