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Emmbi Industries’ Avana division wins awards
17 Aug 16:33

Emmbi Industries’ Avana water conservation concept was conferred with the ‘Best Innovative CSR Project’ in the industrial sector. Further, Avana`s field team were also conferred with the ‘Best CSR Implementing Partners Award’ in the industrial sector at the award ceremony held in New Delhi.Emmbi Industries is one of the region’s most well established brands in the field of woven polyethylene and polypropylene product manufacturing. The company manufacture and sale of FIBC and Woven Sacks and various woven polymer based products like Container Liners, Protective Irrigation System, Canal Liners, Flexi Tanks, and Car Covers etc.

Lactose India to avail term loan, line of credit facility from Aditya Birla Finance
17 Aug 15:42

Lactose (India) has entered into agreement on August 16, 2019 for availing term loan/ line of credit facility of Rs 39.50 crore from Aditya Birla Finance. Of the total, the term loan will be Rs 37.91 crore. Besides, the company will avail Line of Credit facility of Rs 1.59 crore for meeting regular working capital requirements.Lactose (India) is a leader and pioneer in the manufacturing of Lactose Monohydrate IP/BP/USP Grades not only in India but in the Whole of Asia.

M&M opens local automotive assembly plant in Sri Lanka
17 Aug 14:36

Mahindra and Mahindra (M&M) has expanded its global footprint with the inauguration of its local automotive assembly plant at Welipenna, near Colombo, Sri Lanka. Christened Mahindra Ideal Lanka this assembly plant is in collaboration with Ideal Motors of Sri Lanka. With this local assembly unit, the company will now be able to deliver products in reduced time and at more affordable prices.The assembly plant rolled out its first product, the compact SUV, KUV100 and will roll out a slew of products over the next 3 years.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Cupid secures order worth Rs 14.1 crore from UNFPA
17 Aug 12:46

Cupid has received an order worth Rs 14.1 crore from UNFPA. The order is for supply of male condoms to Uganda.Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental dams and probe covers. Cupid has a diverse product basket available in over 25 countries worldwide.

TVS Motor’s arm to invest $3.2 million in Predictronics Corporation
17 Aug 11:06

TVS Motor Company’s wholly owned subsidiary -- TVS Motor (Singapore) has signed definitive agreements to invest $3.2 million in Predictronics Corporation, a US corporation, which specialises in providing end-to-end predictive maintenance analytics solutions.Predictronics` solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove the uncertainty from industrial operations and improve process uptime, production planning, maintenance, and product quality by providing actionable information and accurate predictions that empower clients to have a transparent, worry-free business.TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.