Zetwerk plans to invest ₹500 crore over the next two years to enhance its renewable energy manufacturing capabilities. Cofounder and COO Srinath Ramakkrushnan revealed that the investment will be a mix of debt and equity based on the company’s balance sheet. Zetwerk aims to grow in solar and offshore wind, focusing on the US and Europe.
B2B contract manufacturing marketplace Zetwerk reportedly raised INR 100 Cr in debt funding from the likes of Edelweiss Group, along with one more fund and multiple high net-worth individuals (HNIs). A Mint report citing sources noted that the debt was raised by issuing non-convertible debentures (NCDs) with around INR 83 Cr coming from Edelweiss Credit Plus […]
India and the US stand to benefit greatly from a formalized partnership in electronics system design and manufacturing (ESDM), which could boost trade, create jobs, and diversify global supply chains. India’s ESDM market is expected to grow from $155 billion today to $350 billion by 2027, while the US remains a leader in global value […]
India’s semiconductor and electronics manufacturing sectors are rapidly growing but face a critical shortage of skilled workers, particularly in engineering, shop-floor management, and purchasing. While the demand for skilled labor is increasing, the industry only fills about 60% of its needs. This shortage is particularly acute among fresh graduates, prompting calls for greater collaboration between […]
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