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Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
Motherson Group joins Apple India supply chain with BIEL Crystal partnership
Corning, another key Apple supplier, is expected to begin production at its Tamil Nadu facility in late 2025.Read more
Tata Motors to launch Curvv EV with in-built Charge Point Aggregator on August 7
Alongside the EV, the Curvv will be available with traditional ICE options, catering to a broader audience.Read more
Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost
India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more
Slow progress hampers development of electronic manufacturing at Tuem
The commissioning of a 33/11kV substation, built at a cost of Rs 428 million, is significantly delayed. Read more
Niti Aayog member Virmani encourages Chinese investment to push local production
China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more
IAF clears Astra Missile production for DRDO and BDL
The Defence Acquisition Council approved the over Rs 29 billion project in 2022-23, with production clearance now granted after all tests and developments were completed.Read more
EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV
EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more
Metalogic PMS holds conference on steel & metals for India's defence sector
The country's defence sector has shown impressive progress, with annual domestic defence production reaching nearly Rs 1.27 trillion in FY24, a 16.7% rise from Rs 1.09 trillion in the previous fiscal year. Read more
Godrej Industries Group hosts ‘National Chemistry Day’ summit
India’s chemical industry contributes 7% to the country’s GDP and ranks sixth in the world. Read more