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Indian govt develops Rs 120 bn PLI scheme for heavy machinery in mining, construction

Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more

INOX Air Products awarded 20-year contract for Nitrogen supply to First Solar

This will be INOXAP’s first ever on-site installation for the solar industry. First Solar’s facility at Pillaipakkam will manufacture high efficiency solar modules.Read more

Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects

Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more

ELGi introduces IoT-based Air Compressor Monitoring System, Air~Alert

After a successful launch at the Hannover Messe in Germany earlier this year, the ELGi Air~Alert smart 24/7 remote monitoring and alert system is now available to ELGi’s customers in India for new and existing installations*.Read more

Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption

MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more

KEC International wins new orders of Rs 1,012 crores

Civil business bags prestigious orders in the Data Centre and FMCG segments Read more

Anand Group enters in a joint venture with Korea’s HL Group

This strategic partnership is set to double the size of the Indian conglomerate's aftermarket business while concurrently enhancing the Korean entity's presence within India.Read more

French syrup company, Monin announces Rs 300 cr investment in India

This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more

ESR Group invests Rs 360 cr in Cuttack Logistics Park Expansion

This strategic move aims to facilitate the development of a state-of-the-art logistics park known as the ESR Cuttack Logistics Park.Read more

India accelerates drive for homegrown solutions for marine gas turbines

This urgency stems from the disruption caused by the conflict in Ukraine, which has affected Zorya-Mashproekt, the primary supplier of MGTs to the Indian Navy.Read more

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