Baua Electric
APRIL 23, 2024
The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35
Baua Electric
APRIL 23, 2024
The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.
Baua Electric
MARCH 19, 2024
Yachiyo India Manufacturing , the Indian subsidiary of Yachiyo Industry Co. MSSL Mideast (FZE) which is a 100% subsidiary of SAMIL will acquire 100% of Yachiyo’s Indian subsidiary i.e., Yachiyo India Manufacturing Private Limited (YIM). As part of this deal Yachiyo’s 2W business (housed under Goshi) will get transferred to Honda Motor.
Baua Electric
MARCH 1, 2024
The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players. By 2027 we will have the FAB and OSAT units producing.
Baua Electric
MARCH 31, 2024
a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.
Baua Electric
MARCH 20, 2024
New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. Representative image. With this, the company is gearing up to meet the growing demand for clean energy storage solutions, according to a company statement.
Baua Electric
FEBRUARY 28, 2024
Domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment, a senior MeitY official said on Wednesday adding that a USD 2 billion digital economy is what India seriously needs. “We expect the digital economy to really grow at an increasing pace in the next few years.
Expert insights. Personalized for you.
52 
Let's personalize your content