News

Jaguar Partners with Tata Communications for Enhanced Vehicle Connectivity

Jaguar Land Rover (JLR) has announced an extension of its collaboration with Tata Communications to enhance the connectivity of its next-generation vehicles through the Tata Communications MOVE™ platform. The partnership aims to enable seamless and continuous connectivity for JLR vehicles, even in remote areas across 120 countries. The MOVE™ platform will integrate with JLR’s upcoming […]

Hitachi Energy Announces Factory Expansions in India

Hitachi Energy is advancing its operations in India with significant factory expansions and a $250 million investment over the next five years. The initiatives include a new production bay in Mysore, Karnataka, and a greenfield bushing factory in Halol, Vadodara, aimed at bolstering transformer manufacturing capacity to support India’s energy transition and grid modernization efforts. […]

Interarch Announces ₹221 Crore Orders for Semiconductor and Battery Manufacturing Projects

Interarch Building Products Limited has secured orders worth ₹221 crore for two major infrastructure projects in India’s semiconductor and lithium-ion battery manufacturing sectors. According to the company’s press release, the projects are part of ongoing efforts to enhance domestic manufacturing capabilities in these key industries. The first order involves the construction of a semiconductor manufacturing […]

Defence Ministry Awards RRP S4E ₹9 Crore Contract for Digital Spotter Scopes

RRP S4E Innovations has secured a ₹9 crore contract from the Ministry of Defence to supply 101 Digital Spotter Scopes, branded as “Drishti SS-D60.” The contract was awarded through a competitive bidding process conducted via the Government e-Marketplace (GeM). The Digital Spotter Scopes are intended to enhance the Indian Army’s surveillance and reconnaissance capabilities, with […]

Azad India Mobility Secures 70.71-Acre Plot for EV Manufacturing in Andhra Pradesh

Azad India Mobility has announced the provisional allotment of a 70.71-acre industrial plot in Andhra Pradesh to establish a manufacturing facility for electric vehicles (EVs). The allotment, facilitated by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), includes an initial allocation of 36 acres for Phase-I, with reservations of 26 acres for Phase-II and 8.71 acres […]

BII Completes Investment Commitment in Mahindra Electric

British International Investment (BII), the UK’s development finance institution, has fulfilled its 2022 commitment to India’s electric vehicle (EV) sector with an additional investment of INR 650 crore in Mahindra Electric Automobile Limited (MEAL). This investment is part of a broader initiative to mobilize international funding for India’s EV industry, according to a press release […]

Drone Manufacturing Unit Inaugurated at CUTM in Vizianagaram

A drone manufacturing unit was inaugurated at the Centurion University of Technology and Management (CUTM) in Vizianagaram on Saturday. The initiative aligns with the Production Linked Incentive (PLI) scheme introduced by the central government to promote the manufacturing of drones and related components. Union Civil Aviation Minister Rammohan Naidu, along with MSME and NRI Affairs […]

Indichip to Set Up Rs 14,000 Crore Semiconductor Facility in Andhra Pradesh

Indichip Semiconductors Ltd, in partnership with Japan’s Yitoa Micro Technology (YMTL), has signed an agreement with the Andhra Pradesh government to establish a semiconductor manufacturing facility with an investment of Rs 14,000 crore. The facility, to be located at the Orvakal mega industrial hub in Kurnool, will focus on producing Silicon Carbide (SiC) chips. According […]

Economic Explosives Inaugurates New Drone Manufacturing Facility in Nagpur

A new facility for manufacturing drones, unmanned aerial vehicles (UAVs), loitering munitions, and counter-drone systems was inaugurated at Economic Explosives Ltd (EEL), a subsidiary of Solar Group, in Nagpur. The facility aims to enhance local production capacity for advanced military and civil drone technologies. EEL has started manufacturing and supplying loitering munitions under an emergency […]

MSSL Consol Initiates Foreclosure and Auction Process for Prysm Systems Assets

Samvardhana Motherson International Limited (SMIL) has provided updates on its investment in Prysm Systems Inc. through its indirect wholly-owned subsidiary, MSSL Consolidated Inc. (MSSL Consol). The company announced these developments in a press release dated January 9, 2025. Prysm Systems’ ongoing development of the Gen 3 prototype has faced delays due to additional funding requirements. […]