Tag: MAnufacturing

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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CCI Approves Bain Capital’s Dhoot Deal

The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV...

DPIIT, Mercedes-Benz India Sign MoU

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Mercedes-Benz India to strengthen India’s manufacturing...

Piyush Goyal: Industry Should Focus on Competitiveness

Union Commerce and Industries Minister Piyush Goyal has urged Indian industry leaders to embrace competitiveness and innovation rather than relying on government support, subsidies,...

Goyal Urges Electronics Sector to Target $100B in Exports

India’s electronics and electrical industry must aim to increase exports to $100 billion within the next five to seven years, said Commerce and Industry...

India Plans ₹1 Lakh Cr Subsidy to Boost Solar Manufacturing

India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...

Piyush Goyal: Tesla, Others Welcome to Set Up in India

India is open to Tesla and other global manufacturers looking to invest in the country, Union Minister Piyush Goyal stated on Saturday. Addressing speculation...

TCS and Salesforce Join Forces to Enhance AI Adoption

Tata Consultancy Services (TCS) has announced a strategic collaboration with Salesforce to enhance AI adoption in the manufacturing and semiconductor industries. The partnership aims...

Modi’s Vision: India to Triple Textile Export by 2030

Prime Minister Narendra Modi expressed confidence that India’s textile sector will surpass its ₹9 lakh crore (₹9 trillion) annual export target ahead of the...

Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping

Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...

Volvo to Invest ₹1,400 Cr in Karnataka for Expansion

Volvo Group has announced a ₹1,400 crore investment to expand its manufacturing footprint in Karnataka. The company signed a Memorandum of Understanding (MoU) with...

Bharat Forge, Liebherr to Set Up Aerospace Plant in Pune

Bharat Forge has announced a strategic partnership with French firm Liebherr-Aerospace & Transportation SAS to establish an advanced aerospace manufacturing facility in Pune. The...

WEF Report: Industry 4.0 Gains Momentum Globally

The Global Lighthouse Network (GLN) has expanded to 189 advanced manufacturing sites across 33 countries, reflecting the rapid adoption of Industry 4.0 technologies in...