Foxconn invests $37.2 million to increase its stake in India.
Taiwanese electronics manufacturer Foxconn has enhanced its financial support for its Indian subsidiary by subscribing to an additional 351.73 million shares through its Singapore-based affiliate, thereby making a further firm commitment to India’s manufacturing sector. This new capital injection of US$37.2 million boosts the shareholding of Foxconn Singapore in Foxconn…
Bhagwati Products achieves a revenue milestone of Rs 17,000 Cr.
Bhagwati Products Ltd has achieved a milestone of crossing revenues worth Rs 17,000 crores and this can be considered an important milestone on their growth path. In just two years, the company has grown at a very fast pace as revenues have almost reached ten times the level they were…
Maruti Suzuki has five labs in Gujarat to develop future potential.
Maruti Suzuki India Limited has entered into an MoU with the Directorate of Employment and Training, Government of Gujarat, for setting up of Advanced Manufacturing Labs (AMLs) at five ITIs in Gujarat. This collaboration is expected to help in enhancing the industry relevant skills and developing a skilled workforce according…
BEL receives new defense contracts at ₹1,081 crore.
Bharat Electronics Limited (BEL) has bagged additional contracts worth ₹1,081 crore, marking another milestone for the company in its journey towards dominance in India’s defence electronics space. The newly won contracts involve various types of vital defence products such as communication, radar, CBRN protection, seeker, avionics, modifications, spares and support.…
