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Latest News - July 4, 2024


Vesuvius Group to invest Rs 1000-crore in India
Automotive Industries   -   Apr 23,2024
Vesuvius India plans to invest Rs 1,000 crore in India, doubling its initial investment target. The company inaugurated a new mould flux manufacturing plant in Vishakapatnam to meet the rising demand ...


ONGC awards PMC contract to NET Enterprise
Automotive Industries   -   Apr 23,2024
ONGC awarded a contract to Nauvata Energy Transition (NET) Enterprise and PERC Engineering for FEED and PMC services. The contract covers concept study and bid package preparation for developments in ...


HPSD and Sagar Semiconductors team up to boost India’s semiconductor sector
Automotive Industries   -   Apr 23,2024
Hitachi Power Semiconductor Device (HPSD) and Sagar Semiconductors (Sagar Semi) signed a MoU to collaborate on joint-marketing for high power devices, New Product Development (NPD), and technology tra...


BFW sets up a digitised plant in Tamil Nadu at Rs 200-cr outlay
Automotive Industries   -   Apr 23,2024
Bharat Fritz Werner (BFW), a machine tool manufacturer, invested Rs 200 crore in a fully digitalized plant in Hosur, Tamil Nadu, covering 54 acres. With a focus on tech-driven production, the facility...


Star Cement commences commercial production from new clinker line in Lumshnong, Meghalaya
Automotive Industries   -   Apr 23,2024
Star Cement Ltd has initiated commercial production from its new clinker line in Lumshnong, Meghalaya, boasting a capacity of 3.3 MTPA. This advancement signifies a significant stride in the company&a...


MoRTH Invites Tender for Two-Laning of Bero-Khunti Section in Jharkhand
Automotive Industries   -   Apr 23,2024
The Ministry of Road Transport and Highways (MoRTH) has opened a tender for the two-laning of the Bero-Khunti section in Jharkhand, spanning from km 37.400 to km 85.560 on NH-143AG. The project aims t...


Odysse Electric looking to raise USD 5-10 million for expansion
Automotive Industries   -   Apr 23,2024
Odysse Electric plans to raise USD 5-10 million to fuel growth initiatives, including new product development and expanding manufacturing capabilities for the mass market. CEO Nemin Vora stated that t...


SDLG opens its maiden manufacturing facility in Bengaluru
Automotive Industries   -   Apr 23,2024
SDLG, a Volvo Group member, inaugurated its first manufacturing plant in Peenya, Bengaluru. With a capacity of 1,000 machines annually per shift, it focuses on five products. SDLG's growth machin...





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