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Tamil Nadu faces skills gap amidst rising graduate numbers joining the workforce
The state government’s Naan Mudhalvan scheme, aimed at creating entry-level jobs, has been praised, though experts suggest expanding its scope and involving more firms. Read more
Altair and LG Electronics develop multi use solution to extend product lifespans
This collaboration allows users to identify and rectify potential issues at the design stage, significantly extending product lifespans.Read more
Dana India and COEP’s Bhau Institute present ‘Dana Innovation Challenge 2.0’
Dana’s Innovation Challenge 2.0 is part of a CSR initiative in India under Research and Innovation.Read more
Airbus chooses eight sites to build final assembly line in India
Currently, the Airbus H125 helicopter is manufactured in France, the US, and Brazil, with a combined capacity of nearly 220 units. Read more
Trane unveils air handling unit to address ac equipment installation challenges
Traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labour-intensive.Read more
DDP launches 5th positive indigenisation list of 346 defence items
DPSUs such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) will lead the indigenisation of these items through various routes, including the 'Make' procedure and in-house development, involving industry players and MSMEs.Read more
Bounce Infinity and Zapp EV join hands for EV contract manufacturing
The collaboration aims to enhance the assembly and distribution of Zapp's i300 electric urban motorcycle in India. Read more
Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals
Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more
Welspun One raises Rs 22.75 billion to develop warehousing properties
The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more
TI Clean Mobility to launch new EVs despite financial losses
TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounting to Rs 980 million. Read more