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Mitsubishi Electric plans a $222.5 million air conditioner factory in Tamil Nadu.

Mitsubishi Electric Corporation (MEC) plans to invest about $222.5 million to establish a factory in Tamil Nadu for the production of room air conditioners and compressors. It will build an 88,000... Full Story

Neuron Energy to invest more in lithium-ion battery pack business.

Neuron Energy, which manufactures lithium-ion for electric 2-wheelers and 3-wheelers in India,recently said it plans to invest ₹50 crore in the... Full Story

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Ola Electric to manufacture Li-ion cells for steady raw material supply.

Ola Electric - in conjunction with stakeholders - is putting together a plan to ensure a stable supply of raw materials, which... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

India to manufacture $300 bn electronic goods by 2026: Rajeev Chandrasekhar.
Union Minister Rajeev Chandrasekhar said that Prime Minister Narendra Modi has laid out a vision that India would play a significant role in the global electronics supply chain and... Full Story
BPCL, VoltUp to set up 650 battery swapping stations across 50 cities.
State-run Bharat Petroleum Corporation (BPCL) has partnered with battery-as-a-service (BaaS) start-up, VoltUp, to set up 650 swapping stations with over 7,800 charging docks across 50 cities in... Full Story
Bridgestone lines up Rs. 600 cr to improve capacity and tech at Pune plant
Tyre maker Bridgestone India recently said it will invest over Rs. 600 crore over the next three years to expand production capacity and upgrade technology at its Pune-based... Full Story
Pratt & Whitney opens India Engineering Center facility in Karnataka.
Pratt & Whitney, a part of US technology giant Raytheon Technologies, inaugurated its India Engineering Center (IEC) in Bengaluru recently. The new IEC facility is co-located with Pratt... Full Story
Ceat puts on hold plans to invest in new manufacturing facility for commercial vehicle tyres.
Indian tyre maker Ceat has put on hold its plan to invest in a new manufacturing facility for commercial vehicle tyres. The company will instead invest Rs. 396... Full Story
Tyre makers to invest Rs. 1,100 crore in rubber plantation in Northeast, West Bengal.
Four leading tyre makers will invest Rs. 1,100 crore to increase rubber plantation in Northeast and West Bengal as part of a five-year project being implemented by the Automotive... Full Story
Indigenous defence units respond to innovation challenge; 22 projects in prototype development stage.
Drone kill system, software defined radio sets, infantry training weapon simulator, terminally guided munition and medium range precision kill system are five projects approved by... Full Story
JK Tyre & Industries to invest Rs. 1100 crore to expand production capacity.
JK Tyre & Industries is on schedule to invest Rs. 1100 crore over the next two years to expand production capacity amid consumer demand taking off in rural... Full Story