December 3, 2024
Kinetic Communication Limited has inaugurated a new motor manufacturing facility in Chinchwad, Pune, and introduced a motor kit for electric three-wheelers during its e-POWERSHIFT Sales Meet. The 3,000-square-meter facility is equipped to produce Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM) for two-, three-, and four-wheelers. It includes dedicated assembly lines for key components […]
December 2, 2024
Exide Industries has invested ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue, bringing its total investment in the company to ₹3,052.24 crore. The investment retains Exide’s 100% ownership of EESL and supports the subsidiary’s ongoing projects, including a greenfield manufacturing facility in Bengaluru. Established in March 2022, EESL focuses […]
November 29, 2024
Esaote has inaugurated a new manufacturing facility in Noida, focused on producing medical imaging equipment. According to an update, the facility features advanced manufacturing technology and infrastructure designed to enhance production capabilities. The company stated that the expansion aims to strengthen its position in the diagnostic imaging sector and contribute to the healthcare industry in […]
November 29, 2024
Ashok Leyland representatives, N.V. Balachander and T. Sasikumar, recently discussed the company’s advancements in research and development and plans for significant investments in battery manufacturing. During the meeting, proposals for land allocation were presented, aimed at facilitating the company’s battery manufacturing initiatives. The discussion also included an invitation for Ashok Leyland to participate in the […]
November 27, 2024
SWITCH Mobility Automotive Ltd., a subsidiary of Ashok Leyland and part of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with electric mobility solutions provider Vertelo to deploy 1,000 electric commercial vehicles across India over the next three to five years. Under the agreement, Vertelo will lease and fund SWITCH’s electric light commercial […]
November 25, 2024
Gujarat Toolroom Ltd has successfully executed an order valued at ₹310 million for Reliance Industries Ltd. This order, part of Reliance’s oil and gas division operations, included the design, manufacturing, and delivery of specialized equipment. This latest development brings Gujarat Toolroom’s completed orders for Reliance Industries to ₹600 million in the current financial year. The […]
November 23, 2024
B.C. Power Controls Limited has announced the incorporation of its wholly owned subsidiary, Proxima Industries Private Limited. Established on November 22, 2024, Proxima Industries is based in Delhi and will operate in the construction and trading sectors, including metals and other goods. The subsidiary has an authorized and paid-up capital of ₹10 lakh, consisting of […]
November 23, 2024
Time Technoplast Ltd. has secured approval from the Petroleum and Explosives Safety Organization (PESO) to produce Type-3 fully wrapped fiber-reinforced composite cylinders. These cylinders, with a capacity of 6.8 liters, are designed to store hydrogen for fuel cell-powered unmanned aerial vehicles (UAVs) and drones. The technology aims to enhance UAV and drone performance through a […]
November 22, 2024
Raghu Vamsi Group has begun constructing a new manufacturing facility in Telangana, backed by an investment of ₹300 crore, as per a company statement. Located in Telangana’s Hardware Park near the international airport, the eight-acre site will support manufacturing and research activities. The facility will feature production units for 15 Original Equipment Manufacturers (OEMs) and […]
November 22, 2024
Bharat Petroleum Corporation Limited (BPCL) plans to establish an oil refinery and petrochemical complex in Ramayapatnam, Nellore district, Andhra Pradesh, with an investment of Rs 60,000 crore. The project will be located on a 1,000-acre site identified after feasibility studies were conducted on three potential locations: Srikakulam, Machilipatnam, and Ramayapatnam. The site was selected due […]
