MSME incubation park to come up at Verna Industrial Estate in Goa

The state of Goa plans to establish an MSME Incubation Park at the Verna Industrial Estate. The Goa Industrial Development Corporation (GIDC) and invest India will work together to establish the incubation park….

Automation and Electrification player expands Bengaluru facility

ABB India, a key player in automation and electrification, announced that a new line for manufacturing variable speed drive modules will be added to its facility at the Peenya complex in Bengaluru. Globally,…

Two new automobile manufacturing facilities to come up in Gujarat and Haryana

Jay Bharat Maruti Limited would build two new manufacturing facilities in Gujarat and Haryana. The business intends to meet the needs of Maruti Suzuki, one of its most important clients, in both areas….

Gurgaon-based company bags 150MW “Wind-Solar Hybrid” project

The 150MW “Wind-Solar Hybrid” auction was won by Gurgaon-based renewable energy company Amp Energy India for Rs 3.07 per unit. Through its subsidiary Amp Green Energy pvt ltd, the company won the offer…

Leading biz group opens new tech centre in Pune

International business conglomerate thyssenkrupp has announced the opening of its new Technology Centre India (TCI) site in Hinjawadi, Pune. The cutting-edge facility will promote technical advancement, influencing the future of engineering and manufacturing…

Top automaker to spend $5.5 billion to increase production capacity

Maruti Suzuki India Ltd., the largest automaker in the nation, will probably spend more than $5.5 billion to increase its production capacity to four million vehicles annually by the end of 2030. In…

Madhya Pradesh govt to ink MoU with Central government for textile park

In order to establish PM Mega Integrated Textile Region and Apparel (PM MITRA) Park, the Madhya Pradesh (MP) government may sign a Memorandum of Understanding (MoU) with the Central government in the final…

Electronics maker bags power transmission and solar projects worth Rs 2,000 crore

Power transmission, railway and solar project orders of Rs 2,000 crore have been placed with Godrej & Boyce unit Godrej Electricals & Electronics. “The Power Infrastructure and Renewable Energy (PIRE) business of Godrej…

Power Minister lays foundation stone for Power grid’s Ara substation to add capacity

R.K. Singh, Union Minister of Power and New and Renewable Energy, laid the cornerstone for the expansion of the 220/132 kV Power grid Ara substation. The project will raise the substation’s overall transformation…

Assam govt signs MoUs with ten leading companies

The Assam government inked Memorandums of Understandings (MoUs) with 10 leading companies anticipating investments of Rs. 8200 crore in the state. “Today, we have signed MoUs with various organisations, which will bring investment…

UP govt plans industrial clusters along Ganga Expressway

The Yogi Adityanath government has made the decision to build industrial clusters alongside every motorway. Meerut, Hapur, Bulandshahr, Amroha, Sambhal, Budaun, Shahjahanpur, Hardoi, Unnao, Rae Bareli, Pratapgarh, and Prayagraj would all be connected…

Popular industrial group to gradually investRs 1,900 crore in EV industry

Rana Group, a conglomerate with numerous commercial ventures, announced that it would gradually invest Rs 1,900 crore in the electric vehicle industry. As a brand ambassador for its three companies, Erisha Agritech, Erisha…

New depots for Mumbai suburban rail at the cost of Rs 2,353 crore

By 2025, new car sheds will be installed for Mumbai’s local trains to accommodate the growing suburban rail network. The planned car sheds will include state-of-the-art features and cutting-edge sensor technology for inspecting…

Injection moulding companies to set up a ₹70-crore plastic parts unit in TN

To produce plastic parts for electric scooters, injection moulding companies United Industries Plastic and VTK Industries established a production facility in Tamil Nadu under the joint venture (JV) name UI Auto Plastic. The…

Top automaker to invest Rs 5,000 crore in India as part of its 2028 plan

As the automaker works to localise its business operations and indigenize its products and technologies, MG Motor India has unveiled ambitious ambitions for the next five years. MG Motor India would invest 5,000…

US based gear maker announces manufacturing plans for Tamil Nadu

Cisco, a US manufacturer of networking equipment, announced manufacturing plans for Tamil Nadu, saying the business is optimistic about the country’s market and its future. The corporation stated in a statement that it…