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EAM to invest $650 mn to establish EV battery components facility in USA
Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more
CUMI is developing graphene-based composites for lighter, stronger aerostructures
Murugappa Group’s Carborundum Universal Limited (CUMI) is extensively working in the field of graphene manufacturing. Graphene is 10,000 times thinner than human hair and 1,000 times lighter than paper, says N Ananthaseshan, Managing Director, CUMI in this interview while talking more about various usage of the material in different industries like defence and aerospace.Read more
Kanpur Metro deploys ABB India’s electrification solutions for power control
ABB’s electrification solutions for metro have been deployed across 3 cities in Uttar Pradesh (Lucknow, Kanpur, Noida). The power distribution aids smooth operations of the Kanpur Metro, providing pollution free and safe commute to citizens and ease traffic congestion.Read more
Firefly Fire Pumps secured Seven Intellectual Property Rights
The registered IP encompasses a range of high-impact products that can lift from depths of 7 meters within a remarkable 24 seconds, making them exceptionally effective in fire emergenciesRead more
Strategic Partnership with Seco Tools working good for Permedica
Business has been growing so quickly for Italian medical implant manufacturer Permedica that it can barely keep up with demand. However, a new strategy for its CNC department, in partnership with Seco Tools, has started to make a powerful increase to its productivity.Read more
Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components
The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more
FDI in manufacturing increases by 76% due to PLI Schemes
PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more
Centre plans Master App for real-time EV charging slot availability
A stakeholder meeting was organized by Niti Aayog on June 7, where representatives from companies operating public EV chargers discussed the app and potential plans for a beta version in the coming weeks.Read more
Tesla agrees to set up vendor base and start EV assembly in India
The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more
Energy progress report: world lag effort in achieving sustainable energy goals
The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more