Ring Plus Aqua, a subsidiary of Raymond, has opened its third manufacturing facility at Sinnar. Apart from the two existing plants located at the Sinnar Taluka Co-operative Industrial Estate (STICE), this plant will produce starter ring gears, transmission flex-plates and integral shaft water pump bearings. According to the company, the […]

Energy Efficiency Services Limited (EESL) is planning to set up 60 megawatt (MW) of power through trigeneration technology during FY2019-20. Saurabh Kumar, Managing Director, ESSL, “Memorandum of Understanding and agreements have been signed with Mahanagar Gas Limited, Maharashtra Natural Gas Limited, Castrol India, IGS and Mahindra & Mahindra to promote […]

Mahindra & Mahindra has decided to invest Rs 1,000 crore on development, production, research and development of electrical vehicles by 2020. Speaking to reporters on the sidelines of Mahindra Treo electric 3-wheeler launch, Pawan Goenka, Managing Director, Mahindra and Mahindra Limited, and Chairman, Mahindra Electric Mobility Limited, said, “With all […]

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