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Polymatech to invest $1 billion on expansion: Founding President
Automotive Industries - Oct 12,2023
Polymatech, a Chennai-based semiconductor chip maker, plans to invest $1 billion by 2025 to expand its semiconductor manufacturing capacity. The company aims to increase its production capacity from .

Siemens looks to establish a hub for urban transport solutions in India
Automotive Industries - Oct 12,2023
Siemens, the German multinational corporation, plans to capitalize on India's growing rail transit market. It recently secured a major deal with Indian Railways worth $3 billion, Siemens Mobility .

Gujarat CM Bhupendra Patel meets Mukesh Ambani as part of Vibrant Gujarat Global Summit
Automotive Industries - Oct 12,2023
Gujarat Chief Minister Bhupendra Patel met with Reliance group Chairman Mukesh Ambani in Mumbai as part of the Vibrant Gujarat Global Summit. During the summit, Patel also engaged with other busines .

India's first bamboo-based biorefinery to commence operations in March
Automotive Industries - Oct 11,2023
Numaligarh Refinery Ltd., a subsidiary of Oil India, is set to commence ethanol production at its biorefinery in Assam, India, in March. The move aligns with India's efforts to reduce crude oil d .

Web Werks-Iron Mountain JV acquires land for data centres in Chennai
Automotive Industries - Oct 11,2023
Indian data center provider, Web Werks, in partnership with NYSE-listed Iron Mountain Data Centres, is expanding to meet growing customer demand. They've acquired a four-acre plot in Chennai for .

Aum Dacro Coatings inaugurates advanced facility in Vallam
Automotive Industries - Oct 11,2023
Aum Dacro Coatings has initiated a greenfield project in Vallam, Chennai, underscoring its commitment to sustainable and environmentally responsible production. The 3.5-acre facility specializes in .

Falcon jet production to take place in Nagpur with Dassault-Reliance Aerospace JV
Automotive Industries - Oct 11,2023
Aum Dacro Coatings has initiated a greenfield project in Vallam, Chennai, underscoring its commitment to sustainable and environmentally responsible production. The 3.5-acre facility specializes in .

YEIDA gives plots for toy and furniture park in Greater Noida
Automotive Industries - Oct 10,2023
The Yamuna Motorway Industrial Development Authority (YEIDA) is inviting businesses to establish a toy and furniture park in Greater Noida, along with sites for ODOP and MSME units. YEIDA aims to prom .