The operational length of natural gas pipelines in India has increased from 15,340 kilometers in 2014 to 24,945 kilometers as of September 10, 2024, reflecting a 62.6% growth, according to a press release from the Ministry of Petroleum and Natural Gas. Additionally, 10,805 kilometers of pipeline are currently under construction. Once completed, these pipelines, authorized […]
The United States and India have reaffirmed their commitment to deepening collaboration in critical and emerging technologies. A meeting in New Delhi between U.S. National Security Advisor Jake Sullivan, Indian National Security Advisor Ajit Doval, External Affairs Minister S. Jaishankar, and Prime Minister Narendra Modi highlighted advancements in the U.S.-India Initiative on Critical and Emerging […]
The Heavy Engineering division of Larsen & Toubro (L&T) has announced securing several orders during the third quarter of FY25 in both domestic and international markets. According to a press release from the company, these orders span various sectors, including liquefied natural gas (LNG), petrochemicals, oil and gas, and fertilizers. Internationally, the company has received […]
Mahindra & Mahindra Ltd. has inaugurated a new manufacturing and battery assembly facility dedicated to its Electric Origin SUV line at its Chakan plant. The facility is part of the company’s strategy to enhance electric vehicle (EV) production capabilities and advance its sustainable manufacturing goals. Located within the 2.83 km² Chakan manufacturing hub, the new […]
BatX Energies Pvt. Ltd has inaugurated a new lithium-ion battery recycling facility, referred to as Critical Minerals Extraction Plant (HUB-1), in Sikandrabad, Uttar Pradesh. This plant is designed to extract critical materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, with applications in electric vehicle (EV) battery production and other industries. The […]
Dynamatic Technologies Limited has contracted Aequs Private Limited to manufacture and supply structural components for the Airbus A220 door program. The agreement spans five years and involves the production of over 200 complex parts. Aequs will leverage its manufacturing capabilities, including advanced tool design, forgings, machining, and surface treatments, to fulfill the contract. This collaboration […]
Greaves Electric Mobility, a division of Greaves Cotton Ltd., has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company intends to raise up to Rs 1,000 crore through a fresh issue of shares, with existing shareholders planning to sell up […]
Bharat Forge Limited has approved an infusion of €39 million (approximately ₹345.58 crore) into its wholly owned subsidiary, Bharat Forge Global Holding GmbH (BFGH), based in Germany. This decision was made during a meeting of the company’s Investment Committee on December 24, 2024. The funds will be allocated to BFGH as equity capital to support […]
Medsource Ozone has announced the opening of a new in vitro diagnostics (IVD) manufacturing facility located approximately 45 minutes from Delhi. According to the company, this is the third manufacturing facility established by Medsource Ozone and is designed to cater to both domestic and international markets. The opening ceremony was attended by company leadership, including […]
Musashi Auto Parts India Pvt. Ltd. (MAP-ID), a subsidiary of Japan-based Musashi Seimitsu Industry Co., Ltd., has commenced mass production of e-axles for electric two-wheelers at its Bengaluru facility, according to a report by Autocar Professional. This marks a significant step in the company’s diversification into electric vehicle (EV) components, targeting India’s rapidly growing EV […]
