News

Tool Alliance, a US cutting tool manufacturer, celebrated 50 years of highly successful business recently.

Reliance New Energy Ltd, a wholly owned subsidiary of Reliance Industries Ltd, recently signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV for a total transaction value of US$ 61 million, including funding for future growth, to further strengthen its cell chemistry technology leadership and accelerate the setting up of multi-gigawatt-hour scale battery manufacturing in India.

Natural Battery Technologies, a leading Lithium-Ion Battery manufacturer in India based in Rajasthan, is actively developing high-performance batteries with enhanced safety features.

PRAMA India Bags ‘Tech-SME of the Year’ Award at ASSOCHAM’s 8th MSMEs Excellence Awards Ceremony and Summit held recently in New Delhi. Speaking at the Summit, Narayan Tatya Rane, Minister of Micro, Small and Medium Enterprises (MSMEs), stated that the MSME sector plays an important role in nation-building, regional balance, economic contribution, and job creation.

CNC Software, LLC, the developers of Mastercam, announced that it has acquired Mastercam Reseller, 4D Engineering Ltd, based in Cirencester, United Kingdom.

Boeing unveiled a new high-throughput small satellite production, integration, and testing facility designed for efficiency and quick delivery.

The International Organization for Migration (IOM), UN Migration, in partnership with the Government of India’s think tank NITI Aayog, organized a National Conclave to initiate, contribute, and support a holistic analysis of the core areas of migration.

India’s heavy machinery industry is rapidly expanding and is predicted to grow from US $1,71,667.0 million in 2019 to US $2,40,496.0 million by 2027.

Sentient Labs, a Freudenberg client, recently unveiled the first zero-emission bus designed and built in India.

India’s Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal, stated at the India-UAE CEPA Interaction and B2B Meeting in Dubai, “I would want a larger share of the UAE market in the years to come, because for me, the target is $1 trillion of export of merchandise from India by 2030.”