Tata Motors, JSW Steel and India Glycols to see some action today

Tata Motors has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation (IOCL). All 15 buses will be delivered within 144 weeks from the date of signing of the memorandum of understanding (MOU). In addition to supplying the buses, the company would also collaborate with IOCL's Research and Development Centre to undertake projects and collectively study further the potential of fuel cell technology for commercial vehicles.

JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne (MT) per annum. The company, which sold nearly 15 MT of steel in FY21, claimed to have invested Rs 48,000 crore in the past three years for augmenting its production capacity to nearly 28 MT. The company has an installed crude steel capacity of 18 MT in India, comprising 12.5 MTPA of flat products and 5.5 MTPA of long products.

India Glycols has completed the creation of their 49-51% joint venture for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals. The joint venture will operate under the name Clariant IGL Specialty Chemicals. The JV's production facilities in India will supply to local and global markets, creating one of the largest Green-focused specialty chemicals (EO Derivative) companies.

Coal India (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year. Apart from taking immediate action for efficient use of energy, CIL, which accounts for over 80 per cent of domestic coal output, has also drawn an ambitious five-year plan of carbon offset in different fields of its operation.

Parag Milk Foods’ annual revenue from premium milk brand 'Pride of Cows’ is aiming to reach Rs 400 crore by 2027-28 (FY28), following growing popularity for cows milk and value-added products including the newly launched fat-free milk.  The company plans to expand its Bhagyalakshmi Dairy Farm, which supplies milk exclusively under 'Pride of Cows' brand, to over 15,000 cows by 2026 and is, therefore, expanding the portfolio under this brand to create a market for increased milk being produced. Fat-free milk will be available in Mumbai, Pune and Surat for Rs 120 per litre; while in Delhi, at Rs 140 per litre.

InterGlobe Aviation (IndiGo) has reduced emissions by about 5 per cent via its ground support equipment automation. IndiGo adopted various solutions in both passenger and freight services such as 'modified baggage BFL for cabin loading', battery swapping by monorail crane, using 10-tonne electrical tug instead of 20-tonne, amongst others. Besides, the airline converted old coaches to make portable cabins for staff at airports.

Cigniti Technologies has opened their first office in Singapore. With this new expansion, Cigniti further extends its global footprint in the Asia Pacific region to meet the growing digital transformation needs of leading enterprises based in the region.