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Ministry says 64 applicants commit Rs.6,766cr under White Good PLI Thirteen global heavyweight manufacturers including Daikin, Panasonic, Mitsubishi, Hitachi, Nidec, LG and Met Tube, have committed to invest Rs.2,090 crore, or about 30% of total committed investments under White Goods...

Rapid growth in renewables is essential to electrifying India’s energy economy, says Roshna India has a unique opportunity to become a leading low-carbon economic powerhouse by 2050, according to a new Horizons report from Wood Mackenzie which explores how India...

Chennai has a strong base in electronics manufacturing, says Dr Raj A net-zero industrial park, a manufacturing complex where greenhouse gas emissions are kept as close to zero as possible, is in the planning stages under a Singapore-Tamil Nadu pact...

Vijayakumar reports $2bn deals in Services and Software segments HCLTech continues to invest in AI, specifically Generative AI, as well as cloud native capabilities across products and services to address evolving client needs and demand from the United States. “We...

Billet price increase hope flaked away by weakening Chinese demand Imported scrap prices in India have increased by US$10-13/MT but traders are not keen to place orders due to weak demand for finished products and availability of local scrap, according...

Chand emphasizes dedication to sourcing raw materials locally St. Louis-headquartered Belden Inc. (NYSE: BDC) is making a US$40 million expansion at its manufacturing facility in Chakan, Pune, to meet burgeoning demand from India’s industrial, broadcast and enterprise markets that are...

Vaswani adapts proactive-flexible financing strategy in today’s business environment ReNew Energy Global plc (Nasdaq: RNW, RNWWW) is refinancing Non-Convertible Debentures (NCDs) worth Rs.23,910 million that were issued by its subsidiaries in October 2020. These NCDs were issued to India Green...

Devalle works on ensuring operational excellence in Indian market California’s Guidewire (NYSE: GWRE) has appointed Mohammed Anzy as Vice President (VP) of Engineering and the country Managing Director at a pivotal time for growth in the Indian market. “He is...

Albertazzi says India's emergence as APAC data centre hub key reason for third facility Westerville, Ohio-headquartered Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, says the new manufacturing facility at Chakan, Pune, is to meet...

High Commissioner Wong leads Singaporean investors at Global Investors Meet in Chennai Singapore-based companies will invest S$5 billion in Tamil Nadu’s several developing sectors including infrastructure, technology, sustainability and data centres, expanding the prosperous city state’s participation in the southern...