Emerging Manufacturing Insights
Bartronics India’s shares jumped 5% to ₹24.62 on January 8, 2025, reaching the upper circuit for the day. This rally marks the fifth consecutive session of gains, fueled by the company’s announcement of a strategic Memorandum of Understanding (MoU) with Singapore-based PTW Group. The partnership aims to bolster India’s semiconductor ecosystem by setting up state-of-the-art […]
3D Monotech has launched the Markforged FX10, an advanced industrial metal and composite 3D printer, in India. The event featured notable speakers, including Dr. G Saravana Kumar from IIT Madras, who highlighted breakthroughs in 3D and 4D printing for healthcare. Aravind Udupi of Nordex Group shared how Markforged printers reduced their design-to-manufacturing cycle to just […]
Ola Electric, led by Bhavish Aggarwal, inaugurated 3,200 new stores across India on Wednesday, December 25, marking a significant expansion of its operations. In a post on platform X, CEO Bhavish Aggarwal shared, “What energy, and what a turnout! Over 1 lakh people joined us to celebrate the opening of 4,000 @OlaElectric stores in India!”
| Karl Schüssler GmbH & Co. KG, a global leader in precision engineering since 1970, proudly announces the establishment of its wholly-owned subsidiary, SCHUESSLER India Pvt. Ltd. This strategic expansion reflects the company’s commitment to serving the growing Indian market with enhanced efficiency and innovative solutions. Through this initiative, SCHUESSLER India will invoice customers in Indian […]
| Bharat Forge Limited is pleased to inform about the successful fund raise of Rs 1,650 Crores with the closure of its qualified Institutional Placement (QIP) on 9th December 2024. The issue witnessed significant interest from Domestic & Foreign Qualified Institutional investors resulting in more than 10X demand of the issue size. More than 90% allocation was made to marquee Domestic & Foreign Long Only funds and Insurance Companies. The issue of the QIP was done at Rs 1,320 per share while the floor […]
| The Group of Ministers (GoM) on Rate Rationalization, led by Bihar Deputy Chief Minister Samrat Chaudhary, recently proposed significant changes to GST rates for the Apparel sector, announced on Monday, December 2, 2024. According to the new recommendations, readymade garments priced up to ₹1,500 will continue to attract 5% GST, while those in the ₹1,500 […]
| Micelio, a leader in clean mobility, hosted its second Annual Mobility Awards 2024, spotlighting trailblazers in sustainable transportation. Among the honorees, iCreate (International Centre for Entrepreneurship and Technology) received the prestigious Impact Incubator/Accelerator of the Year award for advancing clean mobility innovation and start-up growth across India. Under the leadership of CEO Avinash Punekar, iCreate […]
| Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […]
| Piaggio Vehicles Pvt Ltd, the 100% subsidiary of the Italian auto giant, Piaggio Group, has announced a bevy of benefits for their eternally luxe and stylish Vespa, as well as the sporty and high-performance Aprilia scooters. From 3rd December until 25th December 2024, customers can book a scooter of their choice at any Vespa and […]
| Tata AutoComp Systems Limited (TACO), leading automotive components conglomerate serving Indian and global OEMs, announced the appointment of Mr. Manoj Kolhatkar as its new Managing Director & CEO. Commenting on the appointment, Mr. Arvind Goel, Chairman, Tata AutoComp Systems Limited, said: “It gives me great pleasure to welcome Manoj Kolhatkar to the Tata AutoComp family. […]