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Government boosts logistics digitally: Arvind Devaraj
The use of technologies in logistics cannot be only the burden on the shoulders of government. For something to be created there should exist an environment consisting of private businesses, emerging businesses, and other tech companies, says Arvind Devaraj, COO, NICDC Logistics Data Services (NLDS).Read more
Goa’s first electronics manufacturing cluster nears completion
Spanning over 597,000 square metres near the Goa-Mumbai National Highway, the EMC will offer various incentives to incoming companies through support from both the state government and the Ministry of Electronics and Information Technology (MeitY). Read more
Mitsubishi Heavy Industries reports record FY2024; Issues strong FY2025 outlook
Strong performance was led by the Energy Systems segment, particularly Gas Turbine Combined Cycle (GTCC) and Aero Engines, both of which saw substantial demand and improved margins.Read more
Exide Industries in battery talks with EV makers
Hyundai is set to become the first Indian automaker to use locally manufactured battery cells for electric vehicles through its agreement with Exide’s subsidiary, Exide Energy Solutions, signed in December 2024. Read more
SafeStorage launches operations in Kolkata
SafeStorage actively manages 12,000+ customer storage units across 20+ warehouses in cities like Bengaluru, Mumbai, Delhi, Hyderabad, Pune, Chennai, and Coimbatore. Known for setting industry benchmarks, the company continues to witness a steady 25% annual growth rate, reflecting a strong demand for organised storage infrastructure.Read more
Manoj Kumar Agarwal appointed as Director – Finance & CFO at Exide Industries
Agarwal joined Exide on February 2, 2023 as Deputy CFO. Since then, he has provided leadership and supervision across key functions such as Finance, Accounts, Audit, Treasury, Taxation, Information Technology (IT) and Procurement. Read more
Automation Studio Code offers a new automation engineering experience
This development plug-in is perfectly integrated into Automation Studio 6 and makes working on a project with two tools possible without any migration required ¬¬¬¬, fully compatible and flexible. Read more
US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran
On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more
Will the US tariff war add to MSMEs’ funding woes?
While Micro, Small and Medium Enterprises (MSMEs) continue to face barriers in accessing funds (due to high collateral norms, lack of credit history, slow approvals, etc), the new tariff war could add to their financial woes, says Rakesh Rao.Read more
Praj Industries and thyssenkrupp Uhde to offer polylactic acid production technology
Polylactic acid (PLA), as a sustainable alternative to conventional plastics, holds significant potential in advancing a circular bioeconomy. Read more