Industry News

Government of India have made a total investment of INR90, 841 crores in Clean Energy in last three fiscal years

Increasing investment in clean energy would drive the demand for Solar Power Equipment Market

Cadbury Inaugurates Largest Asia-Pacific Chocolate Facility in India

Cadbury India, a part of the USD30 billion Mondelez International, inaugurated its largest manufacturing plant in Asia Pacific, built at an investment of USD190 million.

Precision Technology Acquired by Valentus Specialty Chemicals

In a step to expand in the floor coatings market, Valentus acquired Precision Technology’s floor finishes business

Germany poised to tighten regulations for winter tires

Tires to have Three-Peak-Mountain-Snowflake (3PMSF) symbol in addition to M+S symbol from 2018

W.R. Grace to acquire the polyolefin catalyst business of BASF

BASF to complete the divestment of its global polyolefin business by third quarter of 2016

Bridgestone selected as Original Equipment supplier for Honda Clarity Fuel Cell Vehicle

The Japanese tire maker to supply Bridgestone Ecopia tires on the Honda Fuel Cell Vehicle from 2016

TCS and Vistara entered into strategic alliance

Indian technology giant, TCS entered into the strategic partnership with Vistara to manage its IT operations

MNRE have set up three panels to improve the quality control of solar equipment

Out of 100,000MW target set by the Government of India, almost 6,753MW of solar capacity were achieved as of March 2016

Flipkart & Myntra launch Japanese brand

Japan based Mizuno’s products, now will be sold by Flipkart and Myntra

Kenda Tire to add sizes to existing Klever S/T KR52 tire

The American tire company, have further added 26 varied sizes to its Klever S/T KR52 tire lineup

Government of India is planning to set up help desk for foreign investors in power sector

With foreign investors focusing on investing in renewable sectors, the Government target for achieving 100,000MW of solar power by 2022 seems to be achievable

Havells to diversify its business, entering Modular Switches Segment

Havells enters modular switches segment, eyeing INR1000 Million business

Valtris Specialty Chemicals Acquires Akcros Chemicals

Valtris Specialty Chemicals completes the acquisition of specialty chemicals manufacturer Akcros Holdings

Machine to Machine Communication SIM cards to have KYC norms soon

Department of Telecom to issue a ‘Know Your Customer’ norms soon facilitate Machine to Machine communication

US-based Accenture sets up a cyber centre in Bengaluru, India

To fulfil its aim of providing security services throughout the globe, Accenture has launched a cyber centre in Bengaluru.

SkyPower looking for local players for its upcoming solar projects in India

Foreign Investments will directly benefit local solar manufacturers, as a part of joint development of solar plants.

Mondelez is expanding its biscuits vertical

Food maker Mondelez on Tuesday announced the extension of its Bournvita brand to biscuits

Praxair Acquires Industrial and Medical Gas Businesses

Praxair acquired five industrial gas businesses with an annual sale of over USD40 million in 2015

Michelin to launch BFG Advantage T/A Sport Tire

The American subsidiary of Michelin is planning to unveil its BFGoodrich Advantage T/A Sport tire in the North American market in August 2016

‘Unnati Kendras’ inaugurated by Intel India across 10 towns in Telangana

Intel India initiates 10 Unnati Kendras in Telangana