A new facility for the repair, overhaul, and upgrade of High Mobility Vehicles (HMVs) has been established at BEML’s HMV manufacturing division in Palakkad, Kerala. The facility is aimed at meeting the growing needs for maintenance and modernization of in-service HMVs, commonly used by the Indian Armed Forces. The facility was officially inaugurated on October […]
Chinese electric vehicle manufacturer BYD has decided to pursue an import-only strategy for the Indian market, following the rejection of its $1 billion investment proposal to establish a local manufacturing facility. The shift in approach aligns with India’s new EV policy, which BYD will navigate by continuing to import its vehicles rather than building them […]
Steel Authority of India Limited (SAIL) and BHP have signed a Memorandum of Understanding (MoU) to explore decarbonisation strategies for steel production in India. The collaboration will focus on developing lower-carbon technologies for blast furnaces, which are central to SAIL’s integrated steel plants. The initiative will examine the potential use of alternate reductants such as […]
The Indian Navy has received Nirdeshak, the second of four planned Survey Vessels (Large), from Garden Reach Shipbuilders & Engineers (GRSE) on October 8, 2024. The vessel, built in Kolkata, is part of a contract signed on October 30, 2018, for the construction of four survey ships. The first vessel in the class, INS Sandhayak, […]
Hindustan Copper Ltd (HCL) has resumed operations at its Surda copper mine in Jharkhand, with plans to expand production over the next several years. The reopening of the mine is expected to generate around Rs 100 crore in annual revenue, according to a press release issued by the company. At present, the Surda mine has […]
Hitachi Energy India Limited announced plans to invest around INR 2000 crore over the next four to five years to expand its manufacturing capabilities and support India’s energy transition. The investments are aimed at capacity expansion, talent development, supply chain strengthening, and increased digitalization. This announcement was made during the company’s two-day technology symposium, Energy […]
Amneal Pharmaceuticals has announced plans to build two new manufacturing facilities in Ahmedabad, India, with an investment of between $150 million and $200 million over the next four to five years. These facilities will focus on peptide synthesis and advanced sterile fill-finish manufacturing, strengthening the company’s presence in the country, where it has operated since […]
Toyota Kirloskar Motor (TKM) has been allocated 827 acres of land in Maharashtra’s Chhatrapati Sambhajinagar to establish a greenfield manufacturing facility for electric and hybrid vehicles. The land was allotted as part of an ongoing development in the Delhi-Mumbai Industrial Corridor (DMIC), specifically in the Bidkin node of a “greenfield smart industrial city,” according to […]
India’s sustainable aviation fuel (SAF) production has the potential to reach 8-10 million tonnes by 2040, according to a Deloitte India report. This output would surpass the country’s domestic needs, positioning India as a potential exporter of SAF. The report estimates that the development of SAF production will require investments of between USD 70-85 billion. […]
JTEKT Corporation, headquartered in Kariya City, Japan, has announced plans to construct a new automotive parts manufacturing plant in Gujarat, India, through its local subsidiary, JTEKT India Limited. The new facility will be the eighth JTEKT plant in the country, with operations expected to commence in 2027. The new factory, located in Jalisana, Ahmedabad district, […]
