Industry News

Iris Crop secured a contract over US$ 84 Million from Senegal

Senegal awarded contract to Iris Crop for the supply of 10 million identification biometric cards.

H-Energy to develop offshore LNG terminal in Eastern coast of India

The construction of new LNG terminal would add to the existing import capacity of LNG which would improve the energy security in the country

Sakthi group to expand its milk operations

Coimbatore based Sakthi group ramping up milk expanding operations and plans to invest 180 crores in three years

BASF Opens New Construction Chemicals Facility in India

BASF inaugurates concrete admixtures manufacturing plant in West Bengal, the companies sixth construction chemicals manufacturing facility in India

ARM Holdings bets on Virtual reality with its new chips

Chip maker ARM, announced new chips for virtual reality market; the chips will support higher resolution displays and increase power efficiency of the devices which use smartphones.

Mitsubishi Electric plans to open air conditioner plant in Turkey

Mitsubishi Electric announced to open an air conditioning manufacturing plant in Turkey to supply its air conditioners to Europe

Bostik Expands Production Capacity in Malaysia

Bostik, a US based adhesives manufacturer, has expanded its cementitious products manufacturing capabilities at the Seremban plant in Malaysia

Bostik Expands Production Capacity in Malaysia

Bostik, a US based adhesives manufacturer, has expanded its cementitious products manufacturing capabilities at the Seremban plant in Malaysia

Toyota tie up with taxi giant Uber for ride sharing

Deal between Toyota and Uber is anticipated to grow the mobility service in the United States

GAIL India has started drilling second exploratory well in Anand district of Gujarat

The consortium led by GAIL will drill eight exploratory wells in the initial exploration phase as per minimum work commitment of Production Sharing Contract (PSC)

Tech Mahindra to acquire Target Group for over $163 Million

Tech Mahindra buys a UK based firm Target Group in around $ 163 Million, in order to strengthen its foothold in banking and financial sector.

Oman requires an investment of USD8 billion into the power sector by 2020 so as to fulfill the increasing power demand in the country

The switchgear market in GCC countries would expand, on account of increasing need for developing the power infrastructure within the country

London Dairy targeting INR 1 Billion revenue from India by 2020

The Premium Ice cream brand is targeting to double its revenues in India by 2020 plans to ramp up distribution to 5,000 outlets

Indian Fertilizer Firms Plans to Import Phosphoric Acid at $600 Per Ton

Huge in the prices of phosphoric acid across the world is expected to increase import of phosphoric acid by fertilizer manufacturing companies in India

Volkswagen plans to establish own battery factory

German car manufacturer set to launch e-battery factory, Salzgitter plant to be the probable location

Domino’s is now more than double of McDonald’s

Domino’s, which left behind McDonald’s 4 years back, is now more than double the size of McDonald’s

HP Enterprise’s technology services to merge with CSC

CSC and HP entered into the merger agreement in order to create an IT services powerhouse

India achieved an installed solar power capacity of 6,000MW

With government policies such as Make in India and National Solar Mission, the demand for solar power is set to increase in the near future

AkzoNobel Inaugurates Largest Technology Center in Shanghai

AkzoNobel opens technology center in Shanghai for innovation and development of paints & coatings and specialty chemicals

Federal Corp. establishes subsidiary in the United States

Taiwan tire maker expands reach in US by setting up a subsidiary in California