Fujifilm Holdings has announced plans to invest ¥100 billion (approximately $640.5 million) by March 2027 to expand its global production capacity for semiconductor materials. The investment, which doubles the company’s spending over the past three years, is aimed at addressing rising demand fueled by new semiconductor fabrication plants in the United States, Japan, and South […]
The Directorate General of Shipping (DGS) and the Centre for Development of Advanced Computing (C-DAC) have entered into a Memorandum of Understanding (MoU) to enhance technological capabilities in India’s maritime sector. The agreement, signed on January 25, 2025, at an event hosted by the Ministry of Electronics and Information Technology (MeitY), aims to modernize maritime […]
Tata Steel will decommission Coke Oven Battery #7 at its Jamshedpur plant on January 27, 2025, after 36 years of operation. The battery, commissioned in 1989, was the first stamp charge coke oven battery in India and has produced over 12 million tonnes of coke since its inception, according to a press release by the […]
TKIL Industries announced that its Pimpri manufacturing plant has been awarded a five-star grading in the Occupational Health and Safety Audit conducted by the British Safety Council. The plant, which produces equipment for industries including mining, cement, power generation, and sugar, underwent a comprehensive evaluation of its health and safety systems. The audit assessed the […]
Gabriel India has announced the acquisition of assets from Marelli Motherson Auto Suspension Parts Pvt Ltd for a total consideration of Rs 60 crore, subject to closing adjustments. The acquisition increases Gabriel India’s annual manufacturing capacity by 3.2 million shock absorbers and 1 million gas spring units, according to a statement issued by the company. […]
Ezz LCV, the authorized distributor for TVS Motor Company in Egypt, has inaugurated a new assembly line in Giza to bolster local manufacturing of TVS two-wheelers. The project represents an investment of approximately $6.5 million (around ₹54 crore) and is expected to achieve an annual production capacity of 100,000 units. The facility will manufacture key […]
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited, has announced a partnership with logistics platform Porter to advance the adoption of electric vehicles (EVs) in the commercial transport sector. The collaboration focuses on integrating JEM’s light commercial electric vehicle, JEM Tez, into Porter’s operations across 22 cities. Under the agreement, Porter will support […]
Indus Towers Limited has announced plans to enter the Electric Vehicle (EV) charging infrastructure sector. The company’s board of directors has approved this initiative, subject to a prudential framework. Pilot EV charging stations have already been launched in Gurugram and Bengaluru. The move aligns with the government’s focus on increasing EV adoption and developing related […]
Suzlon Group and Torrent Power Ltd. have announced a new agreement for the installation of 486 MW of wind energy capacity in the Bhogat region of Gujarat, bringing their cumulative partnership to 1 GW of wind energy projects. The project will involve the installation of 162 S144 wind turbine generators (WTGs), each with a rated […]
Larsen & Toubro (L&T) has been named as one of the preferred Engineering, Procurement, and Construction (EPC) contractors by Masdar for the north site of a solar photovoltaic (PV) and battery energy storage system (BESS) gigascale project in Abu Dhabi. The project, developed by Masdar in collaboration with the Emirates Water and Electricity Company (EWEC), […]
