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India levies anti-dumping duty on chemical imports from China, Korea & Thailand
The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries.Read more
ABB India upgrades Faridabad plant to enhance sustainability efforts
The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more
Minda Corporation achieved highest ever consolidated revenue of Rs 12.90 billion
During the quarter, the company signed a Technology Licensing Agreement with SANCO (China) to locally develop advanced Electrical Distribution Systems (EDS) solutions. Read more
Inteva Products expands Pune plant to meet growing automotive demand
In addition to its Pune facility, Inteva operates a technical centre in Bengaluru with a team of 317, including 200 engineers, who support product development and engineering for global and Indian operations.Read more
Carl Zeiss AG launches first global capability centre in India
Currently employing 2,500 people in India, Carl Zeiss aims to expand its workforce to 5,000 over the next three years, with plans to double its highly skilled engineering team from 600 to 1,200 by 2027. Read more
Socomec appoints Devender Singh Manhas as Head - Commercial Supply Chain
With a workforce of 3900 employees, 12 production sites, and over 30 subsidiaries spanning five continents, Socomec Group is a key player in the industry. Headquartered in Chennai, Socomec India boasts branch offices across 12 locations nationwide, with a cutting-edge manufacturing facility situated in Gurugram, Haryana.Read more
Flender India to expand investments in domestic market
Approximately 10% of Flender Group’s 9,000 global employees are based in India. Read more
Dixon partners with Nokia to manufacture fixed broadband devices in India
This partnership is expected to generate around 3,000 new jobs and significantly boost local manufacturing. Read more
Medical device sector applauds Centre's Rs 5 billion boost
The medical device market in India, valued at around $14 billion, is anticipated to grow to $30 billion by 2030, underscoring its importance in healthcare, from diagnostic tools to surgical devices.Read more
Climaveneta to invest Rs 4 billion in Bengaluru facility expansion
CCT, a leading chiller manufacturer with an order book exceeding Rs 5 billion, aims to double its annual order intake and achieve Rs 10 billion in revenue within the next four to five years.Read more