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Tesla agrees to set up vendor base and start EV assembly in India
The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more
Energy progress report: world lag effort in achieving sustainable energy goals
The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more
FLASH appoints Rajnish Diwan as Chief Executive Officer
Pune-based FLASH Electronics appointed Rajnish Diwan as CEO who will be responsible for the strategic direction of Flash operations in India for the new automotive business trends that is connected, autonomous, shared, and electrified mobility solutions.Read more
EMAG is a go-to Solution Provider for Indian Manufacturing, says MD
The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more
BorgWarner unveils new logo marking transformation to eMobility
Signaling a new chapter, BorgWarner launches a new logo which is future-focused, dynamic and reinforces BorgWarner’s vision of a clean, energy-efficient world. The company expects eProduct revenues of over $10 billion by 2027.Read more
SIAM hosts conference Towards Vision India@2047on World Environment Day 2023
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference coinciding with the commemoration of World Environment Day 2023, inaugurated by Ashwini Kumar Choubey, Union Minister of State for Environment, Forest and Climate Change, Government of India.Read more
Erisha E Mobility signs MoU with UP govt to invest 400 cr in EV charging hubs
Erisha E Mobility and government of Uttar Pradesh to invest $50 million towards the construction of 100 EV charging hubs in Gautam Buddha Nagar district of UP. Read more
Production Linked Incentive: Boon for the Medical Devices Industry in India
India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more
4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030
‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more
Warehousing boom lifts demand for material handling equipment
Rise in Grade A warehousing demand is leading to growth in material handling equipment (MHE) industry. For smooth and efficient movement of materials, companies are opting automated MHE to remain competitive and reduce the expenses as warehouses grow vertically, says Rakesh Rao. Read more