Leading power company to invest Rs 400 crore in capacity expansion

As part of its three-pronged future growth strategy, CG Power and Industrial Solutions, a member of the Murugappa Group, plans to invest Rs 400 crore in capacity expansion across all of its operations…

Fourth extension made for manufacturing heavy-duty gas turbines in India

The fourth extension of the Technical Assistance and Licence Agreement, which covers the engineering and production of heavy-duty gas turbines in India, was announced on Tuesday by GE Vernova’s Gas Power business and…

Pre-engineered building solutions provider looking to expand operations in airport and warehouses

Pre-engineered building solutions provider EPACK Prefab is looking to expand its operations in the airport and warehouse construction services. The expansion will primarily focus on southern India, the company said in a statement….

Maharashtra Cabinet Sub-committee approve projects worth Rs 40,000 crore

Maharashtra Cabinet Sub-committee chaired by Chief Minister Eknath Shinde, approved projects worth Rs 40,000 crore in the state that are expected to generate 1.20 lakh job opportunities. The projects approved will come up…

Power management company to ramp up capacity at Puducherry facility

In order to increase revenue growth by 2.5 times, power management giant Eaton India is ramping up capacity at its Puducherry factory, according to top corporate officials. The business, which had recently purchased…

HAL signs MoU to produce jet engines for Indian Air Force

General Electric’s aerospace division made a significant statement, announcing the signing of an MOU with Hindustan Aeronautics Ltd (HAL) to jointly produce fighter jet engines for the Indian Air Force’s Light Combat Aircraft…

American semiconductor toolmaker to invest $ 400 million in India

American semiconductor toolmaker Applied Materials announced that it would invest $400 million over four years in a new engineering facility in India. In a meeting with the company’s CEO Gary Dickerson on Wednesday…

Leading construction equipment manufacturer to invest about Rs 400 crore in capacity expansion

As the leading manufacturer of concreting and construction equipment, Schwing Stetter India is preparing to invest about 400 crore in a capacity expansion programme that will also include the establishment of a greenfield…

German aircraft materials supplier to set up operations at Belagavi Aerospace Cluster

German supplier of aircraft materials Bikar aircraft GmbH decided to locate its sophisticated aerospace service unit in India’s Belagavi Aerospace Cluster (BAC). Bikar will now be able to serve the aerospace production facilities…

Japanese electronic major ties up with Goan startup

BLDC controllers and motors, which can drastically lower power consumption for fans, air conditioners, coolers, and lights, are being developed in India by Goa-based engineering startup LitAir Solutions and Japanese electronics giant Panasonic….

Stalin asks Japanese company to increase size of its facility in Oragadam near Chennai

Chief Minister M K Stalin asked the Japanese company Komatsu to increase the size of its facility in Oragadam and invited Komatsu’s officials to the Global Investors Meeting (GIM) that will be held…