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PMI Electro Mobility secures Rs 250 Cr Investment from Piramal Alternatives
The strategic investment is from the Performing Credit Fund (PCF), the sector-agnostic fund of Piramal Alternatives to bolster PMI Electro Mobility’s Business Expansion and Sustainability initiativesRead more
India's SMEs: Navigating digitalisation and sustainability challenges
A study grounded in nationwide survey encompassing over 600 Small and Medium Enterprises (SMEs) across 14 cities sheds light on the evolving landscape of digital transformation and sustainability practices within these SMEs.Read more
Steelbird India invests Rs 250 cr in new helmet manufacturing plant
The Company aims to meet the increasing demand for helmets and enhance its production capacity with the facility to be established in Hosur, Tamil Nadu.Read more
India emerges as key global supply chain player despite challenges: BofA report
India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more
Hindustan Aeronautics targets global markets with new export division
HAL plans to target various countries, including Argentina, Nigeria, Egypt, and the Philippines, offering its light combat aircraft (LCA) Mk-1A and advanced light helicopter (ALH).Read more
Israel-based Tower Semiconductor revives plans for Indian Chip Plant
This development follows Intel's cancellation of its $5.4 billion acquisition plan for Tower Semiconductor in August due to regulatory challenges.Read more
Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai
Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more
Nashik soars as India's new aircraft manufacturing hub
Bengaluru-based state-owned plane maker Hindustan Aeronautics Limited (HAL) is gearing up to activate fresh production lines in Nashik for the indigenous light combat aircraft (LCA) Mk-1A and Hindustan Turbo Trainer-40 (HTT-40) planes.Read more
HPL leads India's chemical revolution with massive investments
HPL is establishing India's pioneer on-purpose Propylene plant based on Olefin Conversion Technology (OCT) and the largest Phenol facility in Haldia, West Bengal.Read more
India's Steel, Cement industries face Rs 47 tn challenge for Net-Zero emissions
According to a recent report by the Council on Energy, Environment, and Water (CEEW), India's existing steel and cement plants must invest Rs 47 trillion in additional capital expenditure to achieve net-zero carbon emissions.Read more