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PLSIND and SBI to provide financing solution to solar-interested customers
The company is targeting specific regions with high solar energy potential to increase market penetration and higher adoption. Read more
Haier Aims to rise as second largest player in Indian market
Haier India, which is growing with a 25 per cent CAGR (Compound Annual Growth Rate) for the last six years, expects to close this fiscal with a topline of Rs 8,500 crore and expects to touch the Rs 10,000 crore-mark in FY25Read more
Panasonic expands its lighting business with launch of its new facility in Daman
With investment of Rs 15 million the new facility will enable in-house manufacturing with Japanese technology ensuing quality production.Read more
Panasonic prioritises India for substantial investments and manufacturing growth
Ryo Matsumoto, General Manager of the Living Energy Business Division at Electric Works Company, Panasonic Corporation, outlined the company's plan to boost production capabilities by utilising excess facilities at its Sri City factory in Andhra Pradesh.Read more
Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing
The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more
Panasonic introduces 6-in-1 inertial sensor to elevate automotive safety, performance
The sensors are compliant with the highest Automotive Safety Integrity Level (ASIL-D) defined in ISO26262 Function Safety Standard.Read more
DPIIT introduces stricter guidelines for PLI Scheme in white goods sector
Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more
Panasonic Electric Works aims at tripling revenue, expanding global reach by 2030
Panasonic Electric Works (PEWIN), a subsidiary of Panasonic Corporation, has ambitious plans to triple its revenue to over Rs 15,500 crore by 2030.Read more
Electronica India, productronica India shine spotlight on Indian electronics industry
Trade fairs electronica India and productronica India, held from September 13 to 15, 2023, witnessed 39,133 visitors and over 1,800 buyer-seller meetings. Events shaped the future of electronics manufacturing with special focus on emerging segments such as semiconductor manufacturing, display manufacturing and electric vehicles.Read more
JSW to establish battery manufacturing facility with LG Energy in India
Earlier this month, JSW held talks with high-ranking LGES executives in Korea, presenting the idea of a partnership focused on producing battery cells in India for both EVs and energy storage.Read more
