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Evonik to cut up to 2,000 jobs globally by 2026
German Chemical Company Evonik Industries, known for its products used in various items including animal feed and Pfizer/BioNTech's COVID-19 vaccine plans to cut jobs by 2026 in order to reduce costs.Read more
ICAT awards first automotive PLI certificate to Ola Electric Technologies
This milestone achievement depicts the progress being made in the Indian automotive industry towards localised production of advanced automotive technology products and incentivising investments in the Automotive sectorRead more
New Siemens EcoTech label creates industry-leading sustainability transparency
Siemens uses extensive data, provided in the Environmental Product Declaration (EPD), to assess a product’s lifecycle performance against a set of robust eco design criteria across three dimensionsRead more
Swedish firm Saab to make Carl-Gustaf rifles in India for armed forces
Saab to establish Saab FFVO India in Haryana to begin the construction of Carl-Gustaf manufacturing facility in IndiaRead more
Tata Motors to demerge into two separate listed companies
The two separate listed companies will be for Commercial Vehicles and Passenger Vehicles (including PV, EV and Jaguar Land Rover) businesses.Read more
Indian freight, logistics sector projected to touch $484.43 billion by 2029
From skilled technicians and engineers to logistics analysts and data scientists, these advancements are expected to create 10 million jobs in India by 2027 and contribute to India's employment landscapeRead more
PSMC Corporation to assist TE to build 12-inch wafer fab in Gujarat
The new semiconductor company in India is expected to create more than 20,000 local job opportunities in the future.Read more
Amplus Solar commissions Inter-State Transmission System project in Rajasthan
The implementation of robotic cleaning system at Project Jai is projected to reduce the consumption of water for panel cleaning at the plant by up to 50 million liters per yearRead more
Defence Ministry signs contract with L&T for high power radars
High Power Radars is a static sensor for long range aerial surveillance with higher uptime. Equipped with multiple Next- Gen features and capable of remote operations.Read more
There will be a growing use of gas and other alternate fuels for gensets
Shveta Arya, Business Head, Power System Business, Cummins India, in this interview, gives an overview of the power gensets market in India and also informs about the recent trends in the industry.Read more