72nd Meeting of Network Planning Group under PM GatiShakti evaluates three key infrastructure projects
The 72nd meeting of the Network Planning Group (NPG) was convened in New Delhi on 12th June, 2024. The meeting was chaired by the Additional Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Shri Rajeev Singh Thakur. The meeting focused on evaluating three significant infrastructure projects, one each from the Ministry of Road […]
Doosan Bobcat to build a new plant in Mexico to meet the increasing demand in the North American market
Doosan Bobcat is building a new plant in Mexico to respond to the continuous demand for construction equipment products in the North American market. This marks the first time the Doosan Group is establishing a production facility in Mexico. Doosan Bobcat announced on June 14 that it held a groundbreaking ceremony for a compact loader […]
Henkel launches new program to enhance sustainability in the heavy vehicle and equipment sector
Henkel is committed to elevating awareness among agriculture and construction vehicle and equipment (heavy vehicle and equipment) designers, manufacturers, and tier suppliers about the role advanced materials can play in enabling sustainability across the value chain – from R&D to manufacturing to use in the field. The company today announced its ‘Respect the Planet, Rethink […]
MECON Limited issues RfP for use of Hydrogen injection in DRI Pilot Plant, in existing Blast Furnace and DRI Vertical shaft
MECON Limited, engaged by Ministry of Steel as Scheme Implementing Agency, has issued Request for Proposal (RfP) seeking proposal from the prospective Bidders for use of Hydrogen in DRI Pilot Plant, in existing Blast Furnace and in existing DRI Vertical shaft. The RfP document has been uploaded in e-tender mode in Tenderwizard, MECON website and […]
NBCC SIGNS MEMORANDUM OF UNDERSTANDING (MOU) WITH OIL INDIA LIMITED WORTH AROUND RS. 100 CRORE
Navratna Central Public Sector Enterprise, NBCC (India) Limited signed a Memorandum of Understanding (MoU) with Oil India Limited for construction of Central Core Repository with advanced laboratory facilities for Oil India Limited at Guwahati, Assam, worth about Rs. 100 crore.The Memorandum of Understanding (MoU) was signed by Shri Saloma Yomdo, Executive Director (E&D), Oil India […]
Adani Group acquires Penna Cement at enterprise value of Rs. 10,422 crore
Acquisition adds 14 MTPA capacity, total now 89 MTPA Ambuja Cements Limited, the cement and building material company of the diversified Adani Group, today announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs. 10,422 crore. Ambuja will acquire 100% shares of PCIL […]
Ceer Signs SAR 8.2 billion (USD 2.18 billion) Contract for the Supply of Hyundai Transys’ Advanced Electric Vehicle Drive Systems
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM) has signed a SAR 8.2 billion (USD 2.18 billion) partnership with Hyundai Transys for the supply of innovative Electric Vehicle Drive Systems (EDS) for its vehicles. “This landmark partnership is another step forward in our mission to ignite the Saudi automotive sector. […]
Zebra Technologies bringing Deep Learning Machine Vision to electric battery manufacturing processes
Zebra Technologies Corporation (NASDAQ: ZBRA),is a leading digital solution provider enabling businesses to intelligently connect data, assets, and people. Deep learning machine vision software and cameras as well as 3D sensors can be used for cell and cell component inspection, cell stack, module and pack assembly, and cover-to-tray assembly.“Electric battery and vehicle manufacturers are leveraging […]
HD Kumaraswamy takes charge as Heavy Industries Minister
H D Kumaraswamy was the former Chief Minister of Karnataka elected from Mandya in Karnataka. Kumaraswamy is also the son of Former Prime Minister H D Deve Gowda. During the swearing-in ceremony, HDK said, “I first thank Modi ji and the people of Karnataka. The people of Karnataka blessed the BJP and JD(S) alliance. I […]
JCB BREAKS GROUND AT NEW $500 MILLION NORTH AMERICAN FACTORY
The start of construction was signalled at an official groundbreaking ceremony at the site in San Antonio, Texas, where The Hon. Alice Bamford, daughter of company Chairman Anthony Bamford, cut the first sod of earth. Work on the 720,000 sq. ft (67,000m²) factory is underway on a 400-acre site and will create 1,500 new jobs […]