News

Olir and TANCAM Partnership to Drive Innovation and Accelerate Startups’ Product Development in Tamil Nadu

Olir, a one-day startup meet organized by StartupTN and TIDCO on April 13, 2023, enabled 250 startups from the state to explore ways to accelerate the commercialization of their product ideas.

Virtus Motors’ New Facility to Expand Production Capacity and R&D Efforts

Virtus Motors, a leading electric vehicle company, has announced its plan of action to utilize their new 12,000 sq ft facility in Faridabad, Haryana, to increase their assembly capacity to 24,000 electric cycles per year.

Trentar Merges TM Aerospace and RFLY Innovations to Form Stronger UAV Design and Development Entity

Trentar, a leading full stack UAV and aerial solutions group, recently announced the merger of its two UAV manufacturing units, namely TM Aerospace Pvt Ltd and RFLY Innovations Pvt Ltd.

Mitsubishi Electric India Inaugurates CNC eXPerience Park

Mitsubishi Electric India CNC announced its strategic expansion in the Peenya Industrial Area with the launch of its new manufacturing facility and technology center named ‘CNC eXPerience Park’.

LK Metrology Marks 60th Anniversary

LK Metrology, established in 1963, has an impressive heritage dating back to the birth of coordinate measuring machine (CMM) technology.

60,000 Jobs to Be Generated as India Signs 57 MoUs with 27 Companies Under PLI Scheme for Specialty Steel

India’s steel industry is poised to lead global growth as the nation emerges as an epicenter for the sector’s evolution, according to Jyotiraditya M Scindia, Hon’ble Minister of Civil Aviation and Steel, Govt of India.

Continental’s #Fiction2Science Hackathon Connects Indian Universities and Generates Over 130 Innovative Ideas

Continental, the technology company, organized the 2nd edition of the #Fiction2Science student Hackathon in Bengaluru, India, as part of its initiative to build an innovative ecosystem.

Lokesh Machines to Invest INR 100 Cr in Defence Sector with New Manufacturing Facility

Lokesh Machines Ltd, a manufacturer of CNC machines and auto components, has announced its entry into the defence sector with the creation of a new division dedicated to the production of defence and aerospace components.

nasscom CoE hosts Smart Manufacturing Research Conclave to propel Industry 4.0 innovations

nasscom Centre of Excellence (CoE), Gandhinagar, a Digital India initiative established with support from the Ministry of Electronics and Information Technology (MeitY) and the Government of Gujarat, hosted the Smart Manufacturing Research Conclave at the Indian Institute of Technology, Gandhinagar, on April 29, 2023.

Indian Entrepreneurs in Germany Receive €5 Million to Advance AI in Sustainable Manufacturing

Tvarit GmbH, a Frankfurt-based startup, is on a journey to enable zero-waste manufacturing. The company has closed its funding round, led by Momenta and Futury Capital, to enable AI-powered, waste-free, and energy-efficient metal manufacturing.

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