Part of the planned strategic reorientation of the business to focus on core verticals
The combined company provides a play on India’s growth story: Kumar Mangalam Birla
Online Census of MSMEs and Finance Facilitation Centres Launched
The new entrant is based on the L9 (8.9 litres) engine platform
Encourages innovation in manufacturing sector
Provides subsidy of up to 10% of capital expenditure incurred on new plant and machinery (on procuring plant and machinery)
Will develop business strategy in line with the country’s opportunities
Succeeds Vikas Chadha, who was recently named president, Honeywell India.
He will be responsible for marketing, erection, commissioning, overall management of power projects and the after-market business.
To develop Advanced Ultra Super Critical Technology