Hitachi’s Indian arm is aiming to become a major growth engine for the Japanese conglomerate, targeting a USD 20 billion contribution to its parent’s revenue by 2030. This ambitious goal was revealed by Bharat Kaushal, Hitachi India’s managing director, at the World Economic Forum. India’s growing importance as a global hub for component and capital […]
UltraTech Cement has disclosed its decision to acquire a 26 per cent stake in Amplus Ages by investing Rs 49 crore. Amplus Ages is actively involved in the generation and transmission of renewable energy. The Aditya Birla Group firm formalised the agreement through a share subscription and shareholders’ agreement, according to the regulatory filing. The […]
Ambuja Cements, a key player within the Adani Group specialising in cement and building materials, has announced a substantial investment of Rs 6,000 crore dedicated to renewable energy projects. Their ambitious goal is to establish a robust capacity of 1,000 MW by leveraging solar and wind power initiatives. This investment plan spans across strategic locations […]
Adani Group’s copper-producing factory in Mundra, Gujarat is set to commence operations in March of 2024. This development is expected to reduce India’s reliance on imported copper and support the country’s transition towards clean energy. Copper plays a vital role in electrification as it is extensively used in various technologies crucial for the energy transition, […]
