Modern Automotives Ltd representatives recently met with Punjab Chief Minister Bhagwant Mann to announce their approval to supply differential pinion shafts to BMW. An order for 2.50 million units worth ₹150 crore was confirmed during the meeting. The Chief Minister expressed full support for the company’s future endeavors in the state and accepted an invitation…
Ford has announced its return to Tamil Nadu after months of negotiations. The company has submitted a Letter of Intent to the Govt of Tamil Nadu, confirming its intention to use its Chennai plant for manufacturing for export. This decision follows a meeting between Ford leadership and Tamil Nadu chief minister MK Stalin. Ford considers…
Eli Lilly announced a $1.8 billion investment to increase manufacturing capacity for its Alzheimer’s drug and popular weight loss and diabetes treatments in Ireland. The company is expanding existing sites in Limerick and Kinsale to meet growing demand for their medications, including the recently approved Alzheimer’s treatment Kisunla. The investment aims to ensure a stable…
The Chief Minister of Tamil Nadu, M K Stalin, along with officials from Jabil, a leading supplier for Apple, HP, and Cisco, signed a memorandum of understanding in Chicago. Jabil is investing 2,000 crore in a manufacturing facility at Manapparai near Trichy, which could create employment for around 5,000 people. This investment will expand Apple’s…
Furniture manufacturing technologies are advancing quickly to meet the demand for more efficient, sustainable, and customizable products. These advancements are changing the industry by allowing for greater efficiency, innovation, and sustainability. As modular and smart furniture becomes more popular, the use of advanced technologies will only continue to grow, impacting both big manufacturers and smaller…
BEML Ltd. has inaugurated the prototype manufacturing of driverless Metro trainsets for the Bangalore Metro Rail Corporation’s project. The order includes 53 trainsets valued at Rs 3,177 crore for Lines two and six, including the Bengaluru Airport Line. The six-car trainsets are designed and developed in-house in Bengaluru using high-tensile stainless steel for durability and…
BMW and Toyota are planning to upgrade their partnership in fuel cell vehicles, as reported by Nikkei Asia. While an official announcement is expected on September 5th, a spokesperson for BMW clarified that the information in the media report was not based on an official announcement by the company. Both automakers have been collaborating on…