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Chennai firm Data Patterns signs agreement with IN-SPACe
Automotive Industries - Oct 20,2023
IN-SPACe and Data Patterns (India) Limited have agreed to a licensing and technology transfer deal. Data Patterns, specializing in aerospace and defense electronics solutions, will enhance its remote .

Karnataka expects Rs 15,000 crore investment for R&D in EV sector: Minister
Automotive Industries - Oct 20,2023
Karnataka's Large and Medium Industries Minister M. B. Patil announced a projected investment of Rs 15,000 crore for electric vehicle research and development. The state has already secured inves .

Kamarajar port inks MoUs worth Rs 1,800 crore
Automotive Industries - Oct 17,2023
During the Global Maritime India Summit 2023, Kamarajar Port Ltd signed 24 MoUs with partners for projects worth approximately Rs. 1,800 crore. Notable partners include Indian Oil Corporation Ltd., En .

SAIL plans to commence trial production of special rails by month-end: Amarendu Prakash
Automotive Industries - Oct 17,2023
SAIL plans to commence head-hardened (HH) rail manufacturing by month's end. Originally scheduled for August, the trial was delayed on Indian Railways' request for standard 880-grade rails. .

Hyderabad-based CtrlS Datacenters likely to invest $2 bn in 6 years
Automotive Industries - Oct 16,2023
Envision Energy secured a 653.4 MW wind project from JSW Energy, set to generate 2,200 GWh of sustainable energy by 2024, aiding India's net-zero emission goals. The partnership aims to bolster r .

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 .