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BorgWarner receives BEV electric orders from global OEMs

BorgWarner’s eXD technology is applicable to all architectures, including front and rear drive units for electric, hybrid and ICE vehicles, and offers a wide range of selectable modes depending on vehicle performance needs.Read more

Dormer Pramet appoints Shib Banerjee as global head of sustainability

In this new role, Banerjee will collaborate with cross-functional teams to implement sustainable practices and QEHS initiatives into business operations, products, and services to inspire the business towards a more sustainable and responsible future. Read more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

A rundown of the global battery recycling market

As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more

Tembo Global integrates two divisions to streamline operations

Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more

DPIIT raises $1.4 billion in tyre investments from global players

The DPIIT has also urged other ministries to take similar steps to promote domestic manufacturing in sectors under their purview, as has been done with toys and tyres.Read more

61% global manufacturers expect AI to drive growth by 2029; ZT report

While digital transformation is a priority for manufacturers, around 30% to 40% of global and APAC, including India, respondents recognise achieving it is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of information technology and operational technology (IT/OT).Read more

KEC International secures Rs 11 billion T&D orders globally

The YTD order intake has exceeded Rs 60 billion.Read more

Cummins India inaugurates global competency IT centre in Pune

The centre aims to harness talent in software engineering and emerging digital technologies like Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA).Read more

PPDS to expand global manufacturing operations to India

This development, celebrated at a special opening event on 21 June 2024, is the latest example of PPDS’ global ‘local for local’ strategy, aligned with the Government of India’s ‘Make in India’ initiative.Read more

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