Manufacturing

Austin-based Green Revolution Cooling (GRC), the leader in immersion cooling for data centers, is increasing operations in the Asian market with the opening of offices in New Delhi on 1 January 2020.

In a move to attract investments, the Goods and Services Tax has been reduced to 5% on electric vehicles (EVS) from 12% and 28% with 22% cess for conventional vehicles.

Japan intends to continue support capacity building in the multi-billion dollar Liquefied Natural Gas (LNG) and participate in the hydrocarbon sector.

India has called on more countries to join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet the growing energy requirement.

Project management, engineering, manufacturing and construction firm Nuberg EPC has signed a contract for the expansion of existing 45 TPD chlor-alkali plant and Greenfield calcium chloride plant project of Oman Chlorine in Sohar, Oman.

Forty-five different systems and equipment worth over Rs.118,882.6 crore designed and developed by Defence Research and Development Organisation (DRDO) have been approved for induction into the Armed Forces during the last five years.

A Saudi Aramco unit has signed a Memorandum of Understanding in India which will provide opportunities for Indian MSMEs to be global vendors .

Minneapolis startup 75F is venturing into China, Indonesia, Singapore and Vietnam, an estimated US$2 billion a year combined market for its building control and energy efficiency product in commercial buildings.

The Indian agriculture-technology is growing at a rate of 25% year on year and the start-up ecosystem is playing a critical role, bringing innovation and disruption in much-needed areas.

The Confederation of Indian Industry (CII) has shared Pre-Budget Memorandum recommendations focusing on providing impetus to Consumption and Investment with Ajay Bhushan Pandey, Finance Ministry’s Revenue Secretary.