Truck-mounted concrete pumps market size worth $8.9 billion in 2028: Adroit Report
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Chemco and Kandoi Launch Rs 4.50 Bn JV for rPET FIBC Units in Gujarat
In a landmark collaboration aimed at redefining sustainable packaging in India, Chemco Group, one of the country鈥檚 largest PET converters, and Kandoi Group of Industries, a leader in technical textiles, have announced a strategic joint venture to build two fully integrated greenfield manufacturing facilities in Vapi and Dahej, Gujarat. With a total investment of Rs 4.50 billion, the initiative will focus on producing FIBC (Flexible Intermediate Bulk Container) bags entirely from recycled PET (rPET).The upcoming facilities will offer a closed-loop system from PET bottle collection and washing..
DICV Shows Resilience in 2024, Charts Path for Sustainable Growth
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, today reflected on its resilient and transformative performance in 2024. Despite the Indian commercial vehicle market experiencing an overall ten percent decline due to macroeconomic challenges, elections, erratic monsoon, and sectoral uncertainties, DICV strengthened its core operations and laid a strong foundation for sustainable growth through a firm commitment in innovation, sustainability, quality, and customer-centric solutions.Business resilience: Bus and aftermarket business drove DICV鈥檚 solid pe..
Renesas, MeitY Partner to Support Startups & Academic Institutions
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems. Renesas also celebrated the expansion of its offices in Bengaluru and Noida to accommodate its growing R&D teams, with the inauguration ceremonies held today. This strategic move underscores Renesas鈥� commitment to innovation and excellence in India and aims to drive conti..
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