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Electric Vehicles And Allied Industry To Invest USD 40 Billion In India In Next 6 Years: Colliers Report
December 11, 2024
The vast majority of investments, constituting 67 percent (USD 27 billion) of the total investments planned, will be in the manufacturing of lithium-ion batteries, followed by OE and EV manufacturing at USD 9 billion (23 percent) and others accounting for
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SPRL To Acquire TGPEL Precision Engineering Limited For INR 2.2 Billion
December 10, 2024
Shriram Pistons & Rings Limited (SPRL), one of India’s leading auto component manufacturing companies, is all set to acquire TGPEL Precision Engineering Limited, formerly known as Timex Group Precision Engineering Limited, through its wholly owned subsi
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Netrasemi Raises INR 100 Million In Pre Series A Round From Unicorn India Ventures
December 10, 2024
Netrasemi, a Kerala-based semiconductor startup building system-on-chips (SoC), has raised INR 100 million in a Pre Series A round from Unicorn India Ventures to build Edge AI for IoT products.
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Horiba India Launches Hydrogen Engine Test Facility in Pune, Expands into Green Energy
December 10, 2024
The facility, part of Horiba’s broader green energy initiatives, comes with an investment of approximately INR 280-300 million and offers engine testing capacity of up to 380 kilowatts, addressing the needs of India’s commercial vehicle sector.
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BOCI Announces New Leadership, Prasanna Patwardhan To Be President
December 10, 2024
The industry body has elected Prasanna Patwardhan as the National President, A Afzal as National Vice-President, Dharmaraj D.R as General Secretary, Harsh Kotak, as Treasurer and Babu Panikar as the Additional Secretary.
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EKA Bags INR 1.5 Billion Orders To Supply E-Buses To UPSRTC
December 10, 2024
As per the understanding, EKA will supply the state transport undertaking with 40 units of EKA 12, the 12-meter AC electric bus, and 30 units of EKA 9, its 9-meter AC e-bus.
