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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in SriLanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The Government of SriLanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd.
It is also demonstrating a smaller 60 hp (45 kW) application, developed targeted at the growing unmanned aerial vehicle (UAV) market. The marketing rights of the joint venture company will extend to all South Asian Association for Regional Cooperation (SAARC) countries: India, SriLanka, Nepal, Bhutan, Maldives, Bangladesh and Pakistan.
Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.
New Delhi: Rockwell Automation , the world’s leading company dedicated to industrial automation and digital transformation, has appointed Azzurro, a subsidiary of the Illukkumbura Group, as a strategic partner to help drive business growth in SriLanka. with adoption of Artificial Intelligence and Machine Learning.”
Prevail Electric Mobility, an affiliate of French lubricants firm FRVelion, would build up an additional production plant in India for electric two-wheelers to fulfill demand in the nation as well as cater to the Nepal and Sri Lankan markets according to a top business official. . Plans Expansion Before Launching. Conclusion.
Sanjay Sablok, President, Operations, at Wardwizard Innovations & Mobility Limited, while speaking with Autocar Professional on the sidelines of an industry event, revealed plans to develop a hydrogen-fuelled electric scooter within the next 2–3 years.
AA-T) and AISIN Automotive Haryana Private Limited (AHL), to market and sell the auto components in independent aftermarket for passenger car products. With this collaboration, both the companies endeavour to expand their footprints across India, Nepal, SriLanka and Bangladesh for Independent Aftermarket (IAM) of passenger car products.
New Delhi: Pavna Industries , which recently bagged an order from Ola Electric for supply of ignition switches and latches, is commissioning a new plant at Hosur in Tamil Nadu. Right now, Pavna Industries supplies these parts from its decades-old Aligarh plant in Uttar Pradesh.
After record-breaking sales in the previous financial year, tractor sales are on a slow lane in India – the world’s biggest market for tractors. However, the market has dampened this year. Can you throw some light on how the year 2023 has been for the tractor from an industry perspective? percent in the domestic market.
The A2B is at the top end of the market at £1,949 ($2,850), but there is a huge variety of electric bikes available, starting from only £600. ); So why don’t more people use them in America and Europe? A twist of throttle sends the A2B silently zipping away at speeds of up to 25kph. Become a Trustee of CfBT Education Trust.
There are many challenges that EV battery manufacturers might face in the graphite market as electric vehicle demand continues to rise. Verner commented that the graphite market lacks transparency when it comes to pricing, leading bankers to hesitate when it comes to funding new graphite-related projects. Graphite Supply.
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