Trontek includes Lithium Phosphate batteries to its inventory

Lithium phosphate (LFP) batteries have been added to Trontek’s inventory of electric vehicle batteries. It has passed testing for the lithium phosphate (LFP) and lithium iron (NMC) battery families. The phase-2 certification, in…

ExxonMobil’s new plant to come up Maharashtra at a cost of Rs 900 crore

ExxonMobil, a major American oil and gas company, has announced plans to invest around $110 million (Rs 900 crore) in the construction of a new lubricant production facility in the Isambe Industrial Area…

Gram Power to increase smart meter manufacturing capacity

As it prepares to increase manufacturing capacity to 10 million units annually, domestic smart metering business Gram Power is targeting a multiple-fold increase in topline in the current fiscal year, according to a…

Inox Air inks MoU with TP Saurya Bandita to set up 40 MW captive solar plant

In order to build a 40 MW captive solar facility at Dhule in Maharashtra, INOX Air Products announced that it has signed a contract with TP Saurya Bandita Ltd. A special-purpose vehicle owned…

ArcelorMittal-Nippon Steel JV to establish 30 MT facility

The Odisha government announced that ArcelorMittal and Nippon Steel, a company based in Japan, will establish a factory in the state to produce 30 MT of speciality metal. During a meeting with Nippon…

Taiwanese footwear company to establish $1 billion facility in Tamil Nadu

The Tamil Nadu government has provided Hong Fu, a Taiwanese footwear manufacturer, with a land allotment letter as the state gets ready for the company to set up a manufacturing plant. In April…

Haier aims for 33% growth in turnover this year

Consumer goods company Haier India’s president, Satish NS, stated that the company plans to increase its revenue by 33% to Rs 8,000 crore by 2023, with the support of the expansion of its…

Work on Shalaghat-Nauni Chowk to commence in 2024

The Shimla-Mataur national highway, popularly known as NH-88, will soon feature four lanes on its most dangerous section from Shalghat near Shimla to Nauni Chowk (Bilaspur), which is anticipated to begin in February…

Tinplate Company conducts ground breaking ceremony for expansion project

Tinplate Company of India Limited (TCIL), a division of Tata Steel, hosted a groundbreaking ceremony for its expansion project. Jharkhand’s Chief Minister, Hemant Soren, attended the event as the chief guest and presided…

Rajasthan govt gives nod to set up 3 new medical colleges

Rajasthan Chief Minister Ashok Gehlot authorised a plan to establish three new medical institutions in the state. It stated that three new medical colleges would be built in Rajsamand, Jalore, and Pratapgarh. According…

JSW Energy secures LoI for 300 MW Hydro PSP from PCKL

Power Company of Karnataka Limited (PCKL) has sent a letter of intent (LoI) to JSW Neo Energy Limited (‘JSW Neo’), a fully owned subsidiary of JSW Energy Limited (‘The Company’), regarding the purchase…

Tamilnadu govt gives 130 acres of land to Taiwan footwear major

Tamilnadu government has allotted 130 acres to the Taiwanese footwear manufacturing company Hong Fu Industrial Group in the Ranipet district of the Special Economic Zone. One of the top shoe manufacturers in the…

Rail Projects worth Rs 33.6k crore gets nod for Mumbai Metropolitan region

Plans for Rs 33,690 crore were approved in order to build more infrastructure for Mumbai’s suburban railway system, which is sometimes referred to as the country’s financial capital and the surrounding metropolitan area’s…

NRL’s bio-refinery with bamboo as feedstock likely to commence operations in 2023

By 2023, Numaligarh Refinery (NRL) hopes to have the bio-refinery with bamboo biomass as feedstock operational. The project is being carried out in collaboration with two European companies. The joint venture would contribute…

Mankind establishing Rs 300 crore unit to manufacture fertility home

By constructing a specialised factory in Udaipur, Rajasthan, Mankind Pharma is preparing to compete with Abbott India’s top-selling synthetic hormone brand Duphaston (dydrogesterone), which is used to treat infertility and prevent miscarriage. Mankind…

Waaree Renewable Technologies bags 1 MW green hydrogen project

A 1 MW green hydrogen project has been secured in Maharashtra by Waaree Renewable Technologies, a provider of end-to-end solar solutions. The project will be carried out by it on a built-own-operate basis…