Mangalore Special Economic Zone approves ETAG's state-of-the-art energy solutions production facility
A release from MSEZ here said ETAG is relocating operations from Germany and Middle East to India to better serve its growing Asian customer base as part of its global expansion. ETAG is positioned to become a key player in the energy solutions space. The company focuses on hybrid energy storage systems, ultra-fast EV charging infrastructure and advanced power technologies. Its work supports sustainable energy in the future of mobility, placing it at the forefront of global energy innovation.
MSEZ said the new MSEZ facility is expected to be operational by early 2026. The investment will facilitate research, design, development, manufacture, and deployment of energy systems/devices. The move supports India's vision to become a global innovation hub and enhance the country's role in the clean energy sector.
Back to Ooru initiative
ETAG and MSEZ had signed an expression of interest wherein the former would invest around ₹300 crore in the latter's facility for research and production on January 27. ETAG Director (Sales and Marketing) B.M. Prakash Pereira had signed the pact with MSEZ CEO V. Suryanarayana in the presence of Dakshina Kannada MP Captain Brijesh Chowta.
Mr. Pereira had said the company would recruit significant numbers of speech and hearing-impaired persons, like in ETAG GmbH, Germany.
Capt. Chowta had said the investment was part of his 'Back to Ooru' (back to the native place) initiative, which aims at motivating locals, who have moved away from their hometown, to set up enterprises in the Mangaluru region.
Mr. Pereira had said the Mangalore SEZ production facility was expected to generate annual exports worth US$110 million, further enhancing India's position in the global manufacturing and export landscape.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
25 minutes ago
- Business Standard
RenewSys Signs 700 MW POE Encapsulant Agreement with Kosol Energie
NewsVoir Mumbai (Maharashtra) [India], August 14: RenewSys, India's leading manufacturer of solar PV key components, has announced a landmark seven-month supply agreement with Kosol Energie, a prominent EPC solutions provider for solar projects. As part of the agreement, RenewSys will supply 700 MW of high-performance POE encapsulants between August and December 2025. This strategic partnership reflects the shared vision of both companies to accelerate India's renewable energy transition while ensuring the highest standards of quality in solar installations nationwide. Under the agreement, RenewSys will supply its advanced POE encapsulants, engineered for superior durability and enhanced module performance, supporting Kosol Energie's ambitious pipeline of solar projects across the country. Commenting on the agreement, Mr. Avinash Hiranandani, Vice Chairman & Managing Director, RenewSys, said " This agreement not only strengthens our partnership with Kosol Energie but also reflects the growing confidence in our advanced POE encapsulants. As India accelerates its renewable energy journey, we are proud to deliver world-class, reliable materials that enhance the performance, durability, and longevity of solar modules across the country." Mr. Kalpesh Kalthia, Chairman and Managing Director, Kosol Energie, added " We are delighted to deepen our association with RenewSys, whose products have consistently met our stringent quality standards. This collaboration enables us to deliver even more efficient, long-lasting solar solutions to our customers, while supporting India's clean energy ambitions." With this agreement RenewSys reinforces its position as a trusted partner for leading module manufacturers, while furthering its vision to energise the world with clean sustainable power. Kosol Energie is a renowned Indian Solar PV Module Manufacturer, EPC and solar solutions provider with a proven track record of executing large-scale solar projects across the country. The company is dedicated to promoting the adoption of clean energy through innovative engineering, high-quality components, and a steadfast commitment to sustainability and client satisfaction. Learn more at RenewSys is an Indian manufacturer of solar PV key components - Encapsulants (30 GW*), Backsheets (4 GW), with a high-efficiency cell line (4.5 GW*) under installation. Headquartered in Mumbai, RenewSys is the renewable energy arm of the ENPEE Group, an international conglomerate with a proud manufacturing legacy dating back to 1961.
Hindustan Times
25 minutes ago
- Hindustan Times
Gulzar Group of Institutes: Know all about BTech and MBA programmes, admissions, and campus life; apply now
Nestled in Ludhiana, the Gulzar Group of Institutes (GGI) has been a beacon of opportunity for 15 years, offering a world-class education to students from across India and beyond. Approved by the AICTE, the institution provides a diverse academic portfolio of 18 courses, catering to the entire industry spectrum. From BTech and MBA programmes to undergraduate courses in Business Administration, Computer Applications, Fashion Design, and Hotel Management & Tourism, there is a field for every aspiration. The state-of-the-art campus, strong industry links, and high placement rates with top recruiters like Infosys and Capgemini make it a premier choice for contemporary and industry-relevant education. Gain future-ready expertise with Gulzar Group's BTech & MBA, blending innovation, industry skills, and global exposure. While all courses are top notch and relevant to the current industry scenario, for this discussion, we will stay focussed on BTech and MBA courses. These are evergreen courses and retain their attraction and relevance. But let's just understand why - how does industry reflect on their relevance. In their report called 'Workforce Hopes and Fears Survey' PwC noted that employees in India, are highly aware of the need to upskill, particularly in digital and green skills. This is where BTech and MBA programmes, which are increasingly incorporating these topics, play a crucial role in providing graduates with a competitive edge. The survey also shows that a significant percentage of Indian employees believe that the skills required for their jobs will change in the next five years, making the foundational and adaptive learning offered by these degrees even more valuable. Recognising industry demands, Gulzar Group of Institutes' B Tech curriculum blends traditional and contemporary subjects. Offering specialisations in hot topics like Artificial Intelligence alongside core disciplines such as Mechanical and Civil Engineering, it ensures graduates are future-ready. BTech /MBA courses Now that we have a broad understanding of what GGI has to offer, let's try and deep dive to get to know the finer details of the various B Tech streams. * Computer Science & Engineering: A sunrise section, pioneering robust software and hardware solutions to create innovative technologies and shape our digital future. * Artificial Intelligence & Machine Learning: Easily one of the most in-demand sectors, you can now develop intelligent systems that can autonomously learn and adapt for smarter, more efficient solutions. * IoT & Cyber Security: Another important sector, you will learn to protect interconnected devices and data from cyber threats to ensure a secure digital world. * Data Science programme will teach you to employ advanced analytical techniques on vast datasets, extracting valuable insights to empower data-driven and informed decisions. * Mechanical Engineering programmes will involve the study of creative design, construction, and maintenance of innovative mechanical systems and machines that will shape our future. * Civil Engineering programme involves planning, designing, and constructing the vital physical infrastructure that underpins and shapes our modern world. Also note that apart from the above-mentioned technical courses, there are many other professional (such as MBA), paramedical and diploma courses available to choose from. Why Gulzar Group of Institutes? For students and their parents, Gulzar Group of Institutes offers a compelling choice. Their AICTE-approved, industry-aligned programmes and strong placement opportunities give graduates a significant competitive edge, preparing them for a future of boundless possibilities. Key Highlights of Gulzar Group of Institutes * Diverse and Connected Community: The campus is a vibrant hub with over 4,500 students, including graduates and students from 20 Indian states and 20 countries. This diverse environment fosters a rich community and offers students the chance to build lifelong connections. * Academic Excellence: With over 10,000 graduates and a strong emphasis on quality education, the institute boasts of 12 gold medallists. The curriculum is strengthened by a strong pedagogy and academic research, with a unique project-based education programme focused on solving real-life problems. * Industry-Relevant Curriculum: The institute ensures students are industry-ready through strategic tie-ups with leading companies. Partnerships with Infosys Springboard, Kuka, Microsoft, D-Link, TCS, Oracle, AWS, Redhat Academy, and others provide industry-relevant courses, internships, and smart learning solutions from IIT Bombay and IIT Delhi. * State-of-the-Art Facilities and Infrastructure: The campus features AC classrooms with modern audio-visual aids, a state-of-the-art library, computing facilities, and a fully Wi-Fi-enabled, lush green environment. Five separate on-campus hostels for boys and girls provide round-the-clock security and full power backup. * Career and Skill Development: A strong focus on overall skill development includes regular features like personality development, English speaking classes, group discussions, and mock interviews conducted by HR professionals. The strong industry connections result in excellent placements, with graduates working in top companies globally. * Convenient Location and Affordability: Located for excellent connectivity by road, rail, and air (near Delhi NCR, Chandigarh Airport, and Khanna Railway Station), the institute is easily accessible. An affordable fee structure, combined with scholarships and easy instalment options, makes quality education accessible to a wider range of students. * Vibrant Campus Life: Beyond academics, the campus offers a vibrant student life with active clubs and professional societies that organise various technical and non-technical events. * The Institute-Industry Interaction Cell (IIIC) bridges the crucial gap between academia and industry. * The institute has garnered more than 10 national awards, and its students have achieved over 200 merit positions in university exams, underscoring its academic rigour. * Gulzar Group of Institutes provides exceptional career opportunities, with graduates receiving a highest package of ₹72 LPA. * A testament to its strong industry connections, the institute has received placement offers from more than 1250 companies, ensuring a wide array of choices for its students. Conclusion Recognising the enduring value of B Tech and MBA degrees, Gulzar Group of Institutes ensures its curriculum is industry-aligned. By blending traditional disciplines with modern skills like AI, it prepares graduates for a dynamic, future-focused career landscape.
Fashion Value Chain
25 minutes ago
- Fashion Value Chain
Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day
As India marks its 79th Independence Day, Westlife Foodworld, operator of McDonalds India (West & South), proudly celebrates three decades of deep-rooted service to the nation. Over the years, it has sourced locally, empowered Indian farmers, built robust supply chains from scratch, innovated menus that reflects India's diverse tastes, and created thousands of livelihood opportunities for Indians. Since opening the first McDonald's restaurant in Mumbai in 1996, Westlife Foodworld has built a robust farm-to-table supply chain spanning the country. From buns baked in Maharashtra and Karnataka to the crisp lettuce grown in Maharashtra and Tamil Nadu, and from potatoes harvested in Gujarat and Punjab to cheese produced in Maharashtra, every McDonalds India meal showcases Indias agricultural diversity. Spices from Kerala and coffee beans from Karnataka complete the authentic Indian experience at McDonalds restaurants, all coming together to serve millions of customers every year across West and South India. From day one, Westlife Foodworld embraced local values and traditions, including the practice of maintaining separate vegetarian and non-vegetarian kitchens at McDonald's. This truly Indian and unique commitment to the cultural and dietary preferences of Indian customers has been a core offering from the inception. The McDonalds India menu also reflects the true spirit of India that is diverse, innovative, and rooted in local tastes and traditions. The iconic McAloo Tikki burger, created specifically for Indian customers, stands as a testament to this commitment. The company continues to blend distinctly Indian flavours and local ingredients to serve over two lakh Indian customers, annually. Westlife also introduced innovations rooted in India's food heritage and nutritional needs. The Multi Millet Bun, made with indigenous millets, and the recently launched Protein Plus Slice, both developed with CSIR-CFTRI, the country's premier government-backed food research institute, reflect the brand's commitment to bringing wholesome, homegrown legacy ingredients to its menu. In addition to delighting taste buds, the organisation continues to invest in inclusive growth. McDonald's India's first all-women-run restaurant in Ekta Nagar, Gujarat, employs over 30 women from local tribes and communities, managing every aspect of operations, setting a benchmark in the industry. Westlife Foodworld is listed on Indian stock exchanges, both BSE and NSE. The company employs over 11,000 Indians and works with thousands of farmers and several local suppliers, ensuring that every meal served is the product of Indian hands and ingenuity. The company currently runs 444 McDonald's restaurants and is set to reach 580 to 630 restaurants in the next two years, making it an integral part of Indias economic fabric and growth story.
