October 4, 2024
Adani Group and Google have announced a collaboration aimed at expanding clean energy use in India, focusing on renewable power supply. Under the agreement, Adani will supply power from a solar-wind hybrid project in Khavda, Gujarat, which is expected to start commercial operations in the third quarter of 2025. The Khavda project, part of a […]
October 4, 2024
Godrej & Boyce has acquired Bengaluru-based Armes Maini, a manufacturer of storage shelving systems and mezzanine structures. This acquisition is aimed at enhancing Godrej’s intralogistics capabilities, addressing the increasing demand in India’s logistics and warehousing sector. The acquisition includes a modern manufacturing facility located on the outskirts of Bengaluru. The facility spans 150,000 square feet […]
October 4, 2024
Mercedes-Benz has started local production of the Long Wheelbase (LWB) E-Class at its manufacturing facility in Chakan, Pune. The LWB E-Class is scheduled for its market debut on October 9, 2024. The new LWB E-Class 200 recently received the CMVR Type Approval Certificate from the Automotive Research Association of India (ARAI) after undergoing extensive testing […]
October 3, 2024
Hindustan Aeronautics Limited (HAL) has delivered the first AL-31FP aero engine, part of a contract to supply 240 engines for the Indian Air Force’s (IAF) Su-30MKI aircraft fleet. The delivery was made on September 30, 2024, at HAL’s facility in Koraput, Odisha. This follows a ₹26,000 crore agreement signed between HAL and the Ministry of […]
October 3, 2024
Apple is set to begin manufacturing AirPods in India, marking a significant development in its ongoing efforts to diversify production outside of China, according to a report by Times of India. Following the expansion of iPhone production in the country, AirPods will now be produced at two separate locations in India. Jabil’s factory in Pune […]
October 3, 2024
The West Bengal Cabinet has approved the construction of a 660-megawatt (MW) supercritical electricity plant at Sagardighi, located in the Murshidabad district. The plant is expected to be operational by March next year. In addition, the Cabinet has cleared the way for the development of five more power plants, including a larger 1600 MW plant. […]
October 3, 2024
Mantra E-Bikes is set to establish a new 10-acre manufacturing facility in Hisar, Haryana, aimed at expanding production capacity to meet its target of selling 40,000 electric scooters by 2025. The facility will employ modern technology and automation to enhance operational efficiency and maintain product quality. In 2023, Mantra E-Bikes broadened its product line by […]
October 3, 2024
French aerospace and defense company Safran Group is reportedly planning to establish a defense electronics manufacturing facility in India. The facility would produce sensors and critical electronics components to support military platforms. This potential move comes amid growing cooperation between India and France in advanced technology sectors. The development was disclosed during a recent strategic […]
October 2, 2024
Bharat Electronics Limited (BEL) has entered into a Memorandum of Understanding (MoU) with the Space Applications Centre (SAC) of the Indian Space Research Organisation (ISRO) to collaborate on the manufacturing of space-grade Travelling Wave Tube Amplifiers (TWTAs) in India. This agreement is part of an effort to indigenize production and reduce dependence on foreign suppliers. […]
October 2, 2024
Foxconn, a Taiwanese electronics manufacturer, has announced plans to invest up to Rs 424 crore in a semiconductor joint venture (JV) with HCL Group. The company recently purchased a 40% stake in the JV for approximately Rs 312 crore, according to an official statement. If an additional investment of around Rs 112 crore is made, […]