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Marvel Gloves’ products are certified as per the international standard

In this interview, Manal Farooq, Head Marketing, Marvel Gloves Industries, shares that company will be launching new range of ear protection items by the end of 2023.Read more

Indian Automobile Industry valued at $108 bn in 2022-23: Primus Partners

The automobile industry produced value of Rs 8.7 lakh crore in 2022-23 and India produced 2.7 crore vehicles and is 3rd in passenger vehicles and 1st in 2 wheelers globally. Read more

Hyundai Motor India exchanges MoU with TN govt, planning to invest Rs 20,000 Cr

Hyundai Motor India Limited (HMIL) is planning for a long-term investment in the state of Tamil Nadu for over the period of 10 years (2023 to 2032) with a plan to increase production volumes and introduce new electric vehicle models. Read more

Hyundai Motor signs term sheet for potential acquisition with General Motors

Hyundai Motor India Limited (HMIL) today signed a term sheet with General Motors India (GMI). Proposed acquisition covers identified assets at GMI, Talegaon Plant, Maharashtra. Read more

Intelligent actuators provide flow control at Korean chemical plant

Over a 100 multi-turn and part-turn intelligent electric actuators have been installed at a new petrochemical site in Daesan, South Korea. The IQ actuators - supplied by Rotork - will provide flow control at the plant which produces ethylene, polyethylene and propylene.Read more

Govt selects 4 bidders for PLI scheme for ACC battery storage

The government expects direct investment of around Rs 45,000 crore in Advanced Chemistry Cell (ACC) battery storage manufacturing projects.Read more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

Hyundai partners with HDFC bank to offer financing solutions on Click to Buy

In this partnership, Hyundai will offer its customers customised car financing solutions from HDFC Bank directly on the ‘Click to Buy’ online car buying platformRead more

BorgWarner launches EGR valves that reduce NOX and CO

BorgWarner is producing this clean and efficient technology solution locally in Korea for the first timeRead more

Dynacon Projects to construct steel structure building for Hyundai Motor

Hyundai Engineering Corporation (HEC) is the project management consultant for the project, which is located in GurugramRead more

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