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Bounce Infinity and Zapp EV join hands for EV contract manufacturing
The collaboration aims to enhance the assembly and distribution of Zapp's i300 electric urban motorcycle in India. Read more
PPDS to expand global manufacturing operations to India
This development, celebrated at a special opening event on 21 June 2024, is the latest example of PPDS’ global ‘local for local’ strategy, aligned with the Government of India’s ‘Make in India’ initiative.Read more
BEL wins €25.75 million order from TRDS for TR module production
It also announced additional orders valued at Rs 1.92 billion for communication equipment, encryptors, spares, and services for radars and fire control systems, bringing its total orders for the current financial year to Rs 52.25 billion.Read more
Air Liquide India builds Rs 3.5 billion manufacturing facility in Mathura
Air Liquide India is a significant supplier of industrial gases to hospitals and various industries from its production facilities located in northern and western regions of India. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more
May-24 IIP received manufacturing boost to 5.91%
The trends in mining, manufacturing, and electricity have fluctuated over the past few months. Read more
India can do with AI what China did to manufacturing; Ola CEO Bhavish Aggarwal
According to the latest IDC report, spending on AI and generative AI (GenAI) in India is projected to reach $6 billion by 2027, growing at a compound annual growth rate (CAGR) of 33.7%.Read more
Ashok Leyland wins contract for 2104 fully built buses from MSRTC
Maharashtra State Road Transport Corporation (MSRTC) is one of the largest state transport undertakings in the country with over 15,000 buses.Read more
Lava to detach manufacturing arm into independent entity
Lava, which has struggled to meet its PLI targets since the scheme's inception in 2020-21, is optimistic about a turnaround with the new incentive package for component production.Read more
Havells India to invest Rs 3.75 billion in cable manufacturing plant expansion
The expansion will be carried out in phases, with the new capacity expected to be operational by March 2026. Read more