The JSW Group firm, which aims for Rs 5,000 crore revenue in the next two years, is expanding its retail presence in the home decorative business and adding more products in the industrial coating business, company s Joint Managing Director & CEO Sundaresan AS said.
JSW s agreement comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in cost-efficient battery tech for electric vehicles.Ironically, efforts to reduce dependency on Chinese imports requires first obtaining advanced cell technology from China
MG Motor’s Comet EV, a small urban hatch, is likely to benefit from the government s PLI scheme due to its increased focus on localization and an Indian pedigree.The ministry of heavy industries may again review MG Motor India’s application to the PLI scheme for the auto sector
CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an independent clinical research organization based ..