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LOHUM ties up with TORK Motors to recycle EV Batteries
LOHUM is TORK's first battery Extended Producer Responsibility (EPR) partner in India as both companies strive to accelerate sustainable e-mobility and scale up a low-carbon EV battery materials supply chain in India.Read more
Reliance Industries sells REC Solar Norway to Elkem ASA for $22 mn
Despite the sale, Reliance Industries will retain the technology and intellectual property rights associated with kerf-based polysilicon.Read more
Hartzell Propeller expands global reach with Arrow Aviation as Recommended Service Facility in India
Situated in Kolkata, Arrow Aviation Services stands as the sole Hartzell Propeller-approved propeller shop on the Indian subcontinent, authorised to proficiently service and maintain Hartzell products.Read more
Socomec aims to recover 80% of industrial waste by 2030
In this interview with Rakesh Rao, Meenu Singhal, Regional MD, Socomec Innovative Power Solutions, elaborates on the changes taking place in the manufacturing sector as companies aim to reduce their environmental impact.Read more
Aequs clinches Best Ecosystem Accelerator award at Wings India 2024
Named joint winner with Airbus in the category that recognises companies excelling in developing and nurturing Aerospace Manufacturing Ecosystems in the country.Read more
Electric Vehicles sales rev up despite roadblocks, 2W records 37% growth
For EV, CY23 recorded significant growth as the sales volume of EVs surpassed 1.5 million, a 50% increase compared to CY22. Total EV volume sold was recorded at 1.53 million in CY23 compared to 1.02 in CY22. Read more
Dana India recognised as the Top Employer in 2024
The company was recognised by the Top Employers Institute for excellence in people strategy and workplace dynamics, learning, and diversity amongst other factors.Read more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
EY forecasts extension of 15% corporate tax rate in 2024 budget
EY predicts that the interim Budget may push back the deadline for commencing manufacturing from March 31, 2024, to March 31, 2025, for companies benefiting from the 15% concessional income tax rate.Read more
GeM, AiMeD forge partnership for direct medical device sales to government
This agreement aims to enable AiMeD's members, comprising over 300 medical device manufacturers, to directly offer their products to the government through the GeM portal.Read more
