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Murugappa family to acquire hubergroup in $310 million deal
The partnership will enable hubergroup to capitalise on emerging opportunities in regions with growing demand for high-quality chemicals and print and packaging solutions. Read more
CG Power acquires Renesas Electronics’ RF Components for $36 million
Renesas, a Japan-based leader in advanced semiconductor solutions, generated $56 million in revenue from its RF components business in 2023.Read more
Carborundum Universal acquires full stake in US-based Silicon Carbide Products
The transaction is expected to close by the end of October 2024. Read more
TIVOLT- e-CV division of Montra Electric set to launch e-CV
With a core vision of revolutionising urban mobility, TIVOLT aims to deliver innovative and sustainable transportation solutions that prioritise customer profitability while addressing the growing demand for cleaner, more efficient vehicles.Read more
CG Power acquires majority stake in GG Tronics for Rs 3.19 billion
The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more
Murugappa Group’s CG Power to finish Rs 6.62 bn capacity expansion in 18 months
CG Power also kicked off the expansion of the production capacity of the large industrial machines (LIM) unit of the company situated at Mandideep, Bhopal, at an investment of Rs 350 million.Read more
Sustainable growth: Nurturing green manufacturing in India
Amidst the discussion around sustainability Bheemsingh Melchisedec presents this article which aims to unravel the significance of green engineering in the multifaceted realm of economic growth, health preservation, and environmental impact mitigation. Read more
Tube Investments of India to invest Rs 211 cr in Greenfield Steel Tube Facility near Pune
The project, slated for completion in the fiscal year 2025, will be primarily financed through internal funds.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
Montra Electric, Ecofy to revolutionise EV Financing for vehicles in India
This strategic collaboration will make it easy for customers to own a Montra Electric Super Auto while expanding Ecofy's Commitment to Climate Finance and Accelerate the pan-India Adoption of Electric Mobility.Read more