INOX India Ltd (INOXCVA) has secured a contract from Island Power Producers Limited (IPP) to design, engineer, and supply a mini LNG receiving and regasification terminal in Nassau, The Bahamas. This terminal will support a 60 MW combined-cycle power plant that provides shore power to cruise ships docking at the Nassau Cruise Port. According to […]
Kranti Industries Limited has announced the receipt of a business nomination letter and purchase order valued at ₹83.12 lakh from CNH Industrial (India) Private Limited. The order encompasses the development and supply of three product assemblies—Knife, Arm HD, Frame Knotter Assembly, and Latch Assembly—as part of CNH’s Agri Implements project. The project involves Kranti’s subsidiary, […]
Mahindra & Mahindra Limited has announced its financial results for the second quarter (Q2) and the half-year ending September 30, 2024. The company reported a consolidated profit after tax (PAT) of ₹3,171 crore for Q2, reflecting a 35% year-over-year increase from ₹2,348 crore in Q2 of the previous year. Consolidated revenue for the quarter rose […]
Royal Enfield plans to launch two electric motorcycle models under the Flying Flea brand by early 2026. The models, named FF-C6 with a classic design and FF-S6 with scrambler styling, will debut over the next two years, with the FF-C6 expected to be released in 2025, followed by the FF-S6 in 2026. In a recent […]
Meril has inaugurated a new manufacturing facility under India’s Production Linked Incentive (PLI) scheme, an initiative aimed at boosting domestic manufacturing capacity. The virtual launch event included the participation of India’s Prime Minister Narendra Modi and Gujarat’s Chief Minister Bhupendra Patel. The facility, which will produce a range of healthcare products, aligns with the company’s […]
BPL Medical Technologies Pvt Ltd has announced the inauguration of a new manufacturing facility in Bengaluru, a development that aligns with the company’s focus on enhancing domestic production of medical devices under India’s Production Linked Incentive (PLI) Scheme. According to a press release, this facility was inaugurated virtually by the Prime Minister of India, Narendra […]
Airbus has inaugurated a new headquarters and training center for its India and South Asia operations, located at Delhi International Airport in New Delhi. The facility, now operational, is designed to serve as the regional hub for Airbus’ commercial, helicopter, and defense divisions and will support training needs in the area. According to a company […]
Larsen & Toubro Ltd (L&T) is expanding its aerospace division, aiming to establish a larger presence in India’s emerging private space sector, according to a report by Reuters. The move aligns with recent government initiatives to allow private firms greater participation in space ventures traditionally led by the Indian Space Research Organisation (ISRO). AT Ramchandani, […]
The electric vehicle (EV) industry is set to invest an estimated $20 billion across South and Southeast Asia (SSEA) as automakers expand their presence in response to anticipated demand growth. A recent report by S&P Global Ratings projects annual EV sales in the region to increase by more than 20% from 2024 to 2026, driven […]
Suzuki Motor Corporation (SMC), through its subsidiary Suzuki R&D Center India, has announced agreements with the National Dairy Development Board (NDDB) and Gujarat-based dairy cooperatives Amul Dairy and Dudhsagar Dairy to establish biogas production facilities in the state. These facilities aim to convert cow dung into automotive fuel. The memorandums of understanding were signed at […]
