Projects

TVS Motor (Singapore) Pte Limited, a wholly-owned subsidiary of India's TVS Motor Company Limited, has signed definitive agreements to invest US$3.2 million in Cincinnati-headquartered Predictronics Corporation which specialises in providing end-to-end predictive maintenance analytics solutions.

The Indian Government is considering corporatizing the Ordnance Factory Board (OFB) as a 100% owned unit and put on par with Defence Public Sector Undertakings (DPSUs).

The Indian MRO market is projected to grow at an expected five-year CAGR of close to 10% by 2023, according to a report by ResearchAndMarkets released on 14 August 2019.

The Indian agricultural machinery market is expected to expand at a compound annual growth rate (CAGR) of ~6.40% from 2018 to 2023, according to a ResearchAndMarkets report.

Responding to growing aspirations of Indians, Prime Minister Narendra Modi has promised to invest Rs.100 lakh crore on modern infrastructure.

The electric vehicle charging infrastructure market in India is anticipated to grow at a CAGR of over 40% during 2019-2025, says a report by ResearchAndMarkets on 13 August 2019.

India is keen to offer solutions and support for Aviation Infrastructure, Connectivity & Capacity Building to its immediate Neighbourhood, said Hardeep Singh Puri, Minister of State for Civil Aviation.

Wipro Limited has launched three edge artificial intelligence (AI) starter solutions powered by Intel Xeon® Scalable processors to help enterprises in the Energy & Utilities and Healthcare markets jump start their AI adoption.

Southfield's power management company Eaton has chosen global technology company KPIT of Pune to support the development of next-generation electrified mobility technologies for its eMobility business unit.

Uniphore, incubated in 2008 at IIT Madras, is gaining momentum and has raised US$51 million in Series C funding led by March Capital Partners for its “go-to-the-market” in North America.