EV charging network provider, Statiq, has won a tender from HPCL, one of the government’s maharatna PSUs, to install over 500 EV chargers at HPCL’s outlets across 12 states. The majority of the chargers will have a capacity of 3.3 kW, with over 100 having a capacity of 7.7 kW. All types of EVs will be able to make[Read More…]
Chief Minister MK Stalin has unveiled the new electric vehicles policy – 2023 with a vision to attract Rs 50,000 crore investments in the EV sector and create 1.5 lakh new jobs by offering incentives for industries and consumers. Reimbursement of state goods and services tax (SGST), investment and turnover-based subsidy, advanced chemistry cell subsidy, electrification of public and commercial[Read More…]
Continental Tires launches a new flagship Conti Premium Drive (CPD) store in Bengaluru. The store, spread across 1200 Sq ft, incorporates several key brand features including a brand experiential zone. Continental Tires has been steadily expanding its retail footprint across India and has launched over 200 branded stores across the country. The company has 70 + stores in South India,[Read More…]
Visteon Corporation, a global technology company serving the mobility industry, has provided supplies to support the mobility needs of over 400 people across 10 districts in Karnataka and Maharashtra. The company, along with its NGO partners, organised donation camps in Kolar, Vijayanagara, Bagalkot, Belgaum, Gadag, Pune, Kolhapur, Solapur, Ahmednagar and Ratnagiri. The donations included prostheses, calipers, wheelchairs, walkers, tricycles and hearing[Read More…]
As of January 2022 the BorgWarner plant in Chennai completed one million accident-free working hours. The large number of hours without recordable incidents was rewarded with the company’s CEO Safety Award. In addition to the recognition by BorgWarner top management, the award includes prize money of 20,000 USD (15,30,552 rupees), which will be donated to regional charity organizations, as is[Read More…]
Dassault Systèmes has signed a Memorandum of Understanding (MoU) with Tamil Nadu Industrial Development Corporation (TIDCO) to establish The Tamil Nadu Center of Advance Manufacturing (TANCAM) at the TIDEL Park, Chennai. The Center of Excellence (CoE) in India, TANCAM will provide a dedicated IT engineering ecosystem to support the Micro, Small & Medium Enterprises (MSME) sector, startups and students across[Read More…]
PRESS RELEASE Highlights MoU signed for greenfield expansion with an investment of INR 3000 million over 4 years New facility will expand the production footprint in Hosur for transmission components and systems Promote tangible economic and social benefits to the people of Tamil Nadu November 23, 2021, | Coimbatore Schaeffler India Limited, a leading industrial and automotive supplier, today signed[Read More…]
The center is supported by the Vedanta Foundation and Birla Edutech Ltd, which have been actively involved in making education and skill development available and accessible to all. In the first phase, Sterlite Copper is aiming to provide training to 600 youths, which will later be increased to 1500. They will also be supported in getting appropriate job placements, with[Read More…]
