Industry News

Air Conditioners sales hit 5-year high

Sales of air conditioners reached the highest in five years in this March

Mohit Industries to Expand Yarn Capacity by 50%

Mohit Industries Limited strategizes to increase yarn production in order to address the growing demand for textile in India

Hankook Dynapro Selected as OE Partner by Nissan Motor Co. Ltd.

Hankook Tire Co. Inc. has entered into a contract with Nissan Motor Co. Ltd. for OE fitments on the Frontier Pickup Truck

Vodafone Invests INR1,000 Crore and Deploys 3,200 Sites in Delhi/NCR

Vodafone India Invested INR1,000 Crore in Delhi/NCR for Upgradation of its network services

The Gujarat Energy Development Agency (GEDA) to launch solar rooftop project for residential consumers

With the increasing installation of rooftop solar power units across Gujarat, Gujarat Energy Development Agency’s (GEDA) aim to generate 50MW of electricity seems to be achievable

Philips Lighting Eyes Domestic and Institutional sales in Northeast India.

Philips to target growing Northeast India market to increase their share in lighting Business

Domo Chemicals Opens its First Nylon Compounding Plant in China

With increasing demand for high quality engineering plastics in automotive, electrical and consumer goods industries, the company plans to expand in the APAC region

Auto component makers fear backlash

Ban on diesel cars in New Delhi is anticipated to affect Auto Components manufacturers, sooner or later

US-based EMC enters the race to fulfil the development of smart cities in India

EMC has announced to provide its services to the Indian government for developing the smart cities in the country

Evonik Industries AG plans to acquire Performance Materials Division of Air Products and Chemicals, Inc.

Evonik to acquire Specialty & Coating Additives business of Air Products and Chemicals, Inc.

Air cooler makers eye sales jackpot as temperature soars in the country

Air cooler makers eye sales jackpot as temperature soars in the country

Lenovo is planning to invest in technology start up fund

Lenovo, the world’s prominent personal computer maker is planning to invest in artificial intelligence, cloud computing and robotics

BHEL announces commissioning of 500 MW power plant in Jharkhand

Commissioning of Thermal Power-A station unit at Bokaro would surge India Power & Distribution Transformer Market

Sumitomo to invest additional US$ 55 million for expanding tire production facility in South Africa

The Japanese tire maker to invest another US$ 55 million to expand South African production plant

Apple and SAP Collaborated to Develop iPhone and iPad Applications for Businesses

SAP would develop applications designed specifically for iOS Operating Systems for Businesses

Chesapeake Energy Corp. is planning to drill more natural gas wells in Utica Shale located in eastern Ohio of the USA

One of the biggest oil and natural gas Company of the USA, Chesapeake is likely to increase shale gas production from Utica and Marcellus Shale

Kalyan Jewellers is planning to invest INR 900 crore in three years in a plan to expand globally

The Kerala based company invest INR 900 crore over the next three years to expand its global footprint,

Greenville Colorants to Build a Technical Center in Dalton, Georgia

Greenville has acquired a permanent site for its technical center in Dalton, Georgia to support the carpet and rug colorant business.

Suzuki Motor plans to invest around USD460 million into Pakistan

Japanese passenger car giant Suzuki motor may invest around USD460 million into Pakistan if Pakistan government revise its auto policy

The oil and gas accumulator market is set to expand on account of completion of drilled-but-uncompleted wells (DUCs) in the USA

With Shale gas producers returning to complete the previously drilled wells, the oil field services companies are expecting a in number of drilled-but-uncompleted wells (DUCs)