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Industry 4.0 gains momentum in India amid challenges
A recent study by the Indian School of Business (ISB) and Plugin Alliance revealed that 54% of Indian manufacturing companies are already implementing AI and analytics to enhance cost efficiency, product differentiation, and market responsiveness.Read more
SCMHRD, Pune wins at Cummins’ REDEFINE 2024 B-school case study competition
A total of 3780 students participated across 1260 teams, representing 18 of the nation’s top B-schools, fostering a vibrant exchange of ideas and innovative thinking. Read more
Re Sustainability International acquires G3 Environmental
G3 Environmental’s businesses include Tee Environmental, Tee Recycling, and Envotek Engineering—companies renowned for their track record of excellence and robust client base in Singapore over two decades.Read more
Mahindra’s Thar ROXX, XUV 3XO, and XUV400 earn 5-Star Bharat-NCAP rating
Thar ROXX has made history by becoming the first body-on-frame SUV to secure a 5-star Bharat-NCAP rating, achieving the highest overall score by any ICE vehicle in Bharat-NCAP testing.Read more
Mushin Labs raises $250K in seed series round led by Inflection Point Ventures
Mushin Innovation Labs, a pioneering SaaS startup, is transforming the automotive manufacturing industry with its advanced digital solutions. Read more
Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai
This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more
Lithium-ion battery storage: India’s import dependency to fall to 20% by FY27
The GoI has taken initiatives on several demand-side measures, such as Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, Viability Gap Funding (VGF) scheme for Battery Energy Storage System (BESS), helping to bring down cost of EV and BESS, thereby stimulating demand. Read more
Ingersoll Rand India appoints Sunil Khanduja as Managing Director
Prior to this, he served as the Business Head for one of the key verticals in Ingersoll Rand India and also managed Ingersoll Rand EMEIA (Europe, Middle East, India, and Africa) Operations as Director of multiple global manufacturing locations and warehouses.Read more
JK Tyre becomes India’s first tyre company to join RE100
The company has set a primary objective to incrementally increase the utilisation of renewable energy by 2-5% annually and has consistently pursued the installation or procurement of green energy sources across its manufacturing facilities. Read more
BEML submits lowest bid for 70 driverless trains for Chennai Metro Phase II
The contract is valued at approximately Rs 36 billion, with the trains likely to be produced in Bengaluru. Read more