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PLI scheme for compressors and motors to dribe PCB Manufacturing growth: Panasonic India Chief

Panasonic India Head Calls for Separate PLI Scheme for Compressors, Motors to Boost PCB Manufacturing Panasonic India chief Manish Sharma has emphasized the urgent need for a separate production-linked incentive (PLI) scheme targeting the air conditioner segment, particularly for high-value components like compressors and motors — a sentiment echoed by the broader industry. Commenting on […]

Suzlon secures a 100.8 MW Wind Order from Sunsure Energy

Key Highlights of the Order: Partneringwith IPPsto driverenewableenergy adoption SunsureEnergy’smaiden windproject 48S120 WTGs witha rated capacityof 2.1 MWeach Project to be executedin the Jathregion of Maharashtra Suzlon is accelerating renewable energy adoption among large corporations through Independent Power Producers (IPPs), supporting India’s clean energy transition and the national goal of achieving 500 GW of non-fossil fuel […]

NVIDIA to begin manufacturing AI supercomputers in the U.S. for the first time

NVIDIA to begin manufacturing AI supercomputers in the U.S. for the first time

NVIDIA is partnering with top manufacturers to design and build facilities that will, for the first time, produce its AI supercomputers entirely within the United States. In collaboration with key partners, the company has secured over one million square feet of manufacturing space to produce and test its latest Blackwell AI chips in Arizona and […]

Haryana to Set Up ₹4,680 Crore Industrial Manufacturing Cluster Near Hisar Airport

Haryana to Set Up ₹4,680 Crore Industrial Manufacturing Cluster Near Hisar Airport

Haryana will soon develop an Industrial Manufacturing Cluster (IMC) near Maharaja Agrasen Airport in Hisar, spanning approximately 3,000 acres and involving an estimated investment of ₹4,680 crore. The project will be executed in collaboration with the National Industrial Corridor Development Corporation (NICDC) and is a key component of the Amritsar-Kolkata Industrial Corridor (AKIC). Aimed at […]

Matix Group to Invest Over ₹2,600 Crore in Chemical Manufacturing in West Bengal, Set to Establish Eastern India’s First IPA Plant

Matix Group to Invest Over ₹2,600 Crore in Chemical Manufacturing in West Bengal, Set to Establish Eastern India’s First IPA Plant

Kolkata, Apr 16 (PTI) — Matix Group has announced plans to enter the industrial and specialty chemicals sector with an investment exceeding ₹2,600 crore in West Bengal. As part of this initiative, the company will set up Eastern India’s first Iso-Propyl Alcohol (IPA) plant to cater to growing domestic demand and advance the Atmanirbhar Bharat […]

SW establishes subsidiary in India

Schwäbische Werkzeugmaschinen GmbH (SW) is further expanding its global footprint with the opening of a new subsidiary in Pune, India, effective April 1, 2025. This move strengthens SW’s presence in the local market and enables customers to benefit even more quickly from the company’s advanced manufacturing solutions. The newly established subsidiary, Schwaebische Werkzeugmaschinen India Private […]

Moglix Appoints Sanjeev Arora as CFO to Lead IPO Journey Over the Next 12–24 Months

Moglix, one of Asia’s leading B2B e-commerce companies, has announced the appointment of Sanjeev Arora as its new Chief Financial Officer. In this role, Sanjeev will lead the company’s financial strategy and operations, with a focus on capital planning and advancing its long-term growth journey, including preparations for entry into public markets. With over two […]

BenQ Launches GV50: The Ultimate Portable Projector for Comfort and Convenience

BenQ, a leading provider of advanced display technology solutions, unveils the GV50 Smart FHD Laser portable projector, designed with ultra-flexible projection angles and exceptional audio-visual features to provide the ultimate comfortable viewing experience on the 120” Screen, anywhere, anytime. In the fast-paced urban lifestyle, moments of relaxation are increasingly vital amidst the demands of work […]

Chhattisgarh CM inaugurates foundation stone laying ceremony for semiconductor Manufacturing Unit

Chhattisgarh CM inaugurates foundation stone laying ceremony for semiconductor Manufacturing Unit

Chhattisgarh Chief Minister Vishnu Deo Sai laid the foundation stone and performed the bhoomipujan for a semiconductor manufacturing facility in Nava Raipur on Friday. The plant will be set up by Chennai-based Polymatech Electronics and will focus on producing advanced Gallium Nitride (GaN) semiconductor chips, essential for enabling 5G and 6G technologies in the state, […]

Foxconn Eyes First Standalone Facility in North India, Plans Major Investment in Uttar Pradesh

Foxconn Eyes First Standalone Facility in North India, Plans Major Investment in Uttar Pradesh

In a strategic move that could reshape India’s electronics manufacturing landscape, Taiwanese giant Foxconn is exploring the setup of its first independent facility in North India — a 300-acre industrial park along the Yamuna Expressway in Greater Noida, Uttar Pradesh. According to people familiar with the matter, the proposed unit could surpass the size of […]