This funding, aimed at a minority stake, is expected to propel CoreEL's growth trajectory by facilitating Research and Development (R&D), new product development, expansion of manufacturing capacity, and other strategic initiatives.
New Delhi [India], December 4: R.I.O.T. Labz Pvt. Ltd. is among the list of 27 companies approved for the PLI 2.0 scheme by the government for domestic IT hardware production. The company is known by its brand Oakter, India's homegrown electronics manufacturer with a focus on IOT products. T
Chandigarh [India], December 1: BAJA SAEINDIA, the flagship event of SAEINDIA, stands as a pinnacle in collegiate engineering design competitions. Encompassing the ingenuity of aspiring engineers, participating teams undertake the comprehensive process of conceptualizing, designing, modellin
Chennai (Tamil Nadu) [India], December 1: Socomec, a pioneering global leader in power management solutions, proudly introduces the Delphys XL 1000 & 1200 kVA/KW UPS, engineered in Europe and manufactured in India, demonstrating its commitment to meeting the evolving data center needs in
New Delhi [India], December 1: Wardwizard Innovations & Mobility Ltd., a leading manufacturer of electric vehicles under the 'Joy e-bike' brand in India, signed a Memorandum of Understanding (MoU) with Triton EV, a distinguished U.S.-based electric vehicle manufacturer. This strategic co
New Delhi [India], November 30: Best Agrolife Ltd. (BAL), a prominent player and one of the largest agro-input manufacturers in India, has executed a strategic investment in Kashmir Chemicals and acquired 99% stake in the company. This move is aimed at expanding its manufacturing capacity in
The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh on Thursday, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 2.23 lakh crore.
Auburn Hills (Michigan) [US]/Suzhou [China], November 30: Nexteer Automotive today announced it will further capitalize on APAC growth by increasing manufacturing and testing capacity through a strategic footprint expansion into Changshu within China's Jiangsu Province nearby the company's e
As a part of the preparation for the Vibrant Gujarat Global Summit in January 2024, the state government has undertaken 6 International and 8 Domestic Roadshows and delegation visits so far which have enabled the government to touch base with over 1000 companies.
Nivruti Rai, Managing Director and CEO of Invest India, on Wednesday said that India was moving from a consumption-driven economy to a manufacturing-driven economy.
In this sequence, the process of creation and implementation of AI-based Enterprise Resource Planning (ERP) software is going on by UP Electronics Corporation Limited. The government has initiated the selection of a Technical Service Providing (TSP) agency through an e-tender process, inviti
"I would like to keep my thoughts on why quality is important in defence-related equipment. You all must have heard the phrase, 'There is no free lunch'. For everything, we have to pay a price...Similarly, for quality improvement, a free lunch is not possible," Defence Minister Rajnath Si