Tag: industrial

DEFENCE INDUSTRIAL CORRIDORS

The Government has established two Defence Industrial Corridors (DICs) in the country, one in Uttar Pradesh namely Uttar Pradesh Defence Industrial Corridor (UPDIC) and other in Tamil Nadu namely Tamil Nadu Defence Industrial Corridor (TNDIC) with an aim to attract investment of about Rs 10,000 crore in each corridor. Six nodes, namely Aligarh, Agra, Chitrakoot, Jhansi, Kanpur and Lucknow have been identified for UP Defence Industrial Corridor. Five nodes, namely Chennai, Coimbatore, Hosur, Salem and Tiruchirappalli have been identified for TN Defence Industrial Corridor. The nodes have been selected based on high potential for creation of end-to-end ... Read more

MidWest Industrial Equipment Joins BYD Dealer Network

BYD Material Handling has entered into a dealership agreement with Mid-West Industrial Equipment Inc. expanding its presence into the Southwest Ohio market. MidWest Industrial offers a full suite of services, including forklift sales, service, parts, equipment rental, and operator training. The company has locations in Piqua and Cincinnati, Ohio. “With BYD, MidWest will be able to expand our footprint in the Dayton and Cincinnati markets. This will allow us the opportunity to showcase green technology in material handling that hasn’t been seen in this marketplace,” said Greg Meyer, president of MidWest. “With the material handling market changing and trying to ... Read more

Starting its Industrial Investment in Biotech Companies, China Medical System (0867.HK) has Accelerated its Flywheel of Innovation

China Medical System Holdings Limited (0867.HK) (“CMS” or the “Company”) has been active in the market this year. From the acquisition of Luqa to enter the medical aesthetic market early this year, the Company has attracted the attention of the market. Recently, it announced a series of agreements signed with Trinomab Biotech Co., Ltd. (“Trinomab”). CMS will make an equity investment in Trinomab, and establish a joint venture (“JV”) with Trinomab, contributed with cash and related products technologies by CMS and Trinomab respectively. The Joint Venture will entrust CMS with the clinical development and commercialization of all its products in ... Read more