Triton Electric Vehicle LLC, the young and most enterprising Electric Vehicle company headquartered in Cherry Hill, New Jersey-USA, has unleashed its firm plans to enter India with its manufacturing facility set up. The company is in discussion with a few Indian states for setting up a well-equipped EV car manufacturing base in India with all…
Emerson, a US-based global technology and software company, has announced its new state-of-the-art manufacturing facility in Talegaon, Pune in Maharashtra. The Emerson Integrated Manufacturing Campus (EIMC), one of the company’s most ambitious projects in India to date, is the result of strategic investment under the Government of India’s ‘Make in India’ and the Government of…
Nokia announced that it has begun the production of next generation 5G equipment at its state-of-the-art manufacturing site in Chennai, Southern India. Nokia was the first to manufacture the 5G New Radio in India, and it is now producing the cutting-edge Nokia AirScale massive Multiple Input Multiple Output (mMIMO) solution, Nokia said in a statement.…
Manufacturing sector of the Indian industry has consistently underperformed in the last few decades, with a mere 16-17% contribution to the GDP…Will PLI be able to increase the sector’s contribution and actualize its growth potential?
Suzuki Motor Gujarat recently announced that it has resumed production at its Hansalpur plant. The company manufactures cars for the Maruti Suzuki brand in India on contract basis. The same announcement was made by Maruti Suzuki India Limited in a regulatory filing with Bombay Stock Exchange. The company said it restarted the operations keeping all…
Indian smartphone maker Lava recently said that it will shift its production base from China to India. The company will reportedly also shift its design center, which employees 600 people, to the country. According to a Business Standard report, the recent move is because of the government’s new Production Linked Incentives (PLI) for manufacturers in…
The ongoing economic disruption across the world, due to Covid-19 has highlighted the dangers of manufacturing activities being concentrated in a single location and thrown up the need for diversification of supply chains and manufacturing. This has thrown up a huge opportunity for India – one of the fastest growing economies of the world and…
Global provider of boiler efficiency solutions Clyde Industries recently announced it has established a new office, Clyde Industries India Private Limited, located in Balewadi, Pune, India. This new location serves India’s growing pulp & paper boiler cleaning needs, ranging from new soot blower and air port cleaner equipment, Fitness-to-Operate (FTO) inspections, repair/rebuild, aftermarket spares to…
As India witnesses, a spike in coronavirus positive cases, organizations around the country have started increasing their precautionary measures to safeguard their employees during the time of a pandemic. The novel coronavirus, which originated in the Wuhan City of China is now spreading really fast in the state of Maharashtra. Responding to the increasing tensions…
Hero MotoCorp, the world and India’s largest two-wheeler company, recently announced that it is temporarily shutting down all its manufacturing facilities globally with immediate effect. The recent closure of the manufacturing is a result of the ongoing coronavirus pandemic. The company announced the closure through an official BSE filing, which read, “With the safety and…
India has been long known as the world’s outsourcing destination. From housing BPOs for the world’s biggest tech companies to moving forward as a manufacturing hub for the world, India has come a long way. The country is aggressively reinventing itself as an innovation hub and boasts of 27 home-grown unicorns who are leading the…
Varroc Engineering Limited, a Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance A/S, a Danish BMS solutions provider. Under the agreement, Varroc will manufacture BMS for lithium-ion batteries for electric two-wheelers and three-wheelers at its manufacturing facility in Pune. Lithium Balance A/S is…