Gates Corp invests to establish Gates Global Technical Centre in Punjab

12 Jun 2024 CW Team

Gates Corporation, a leading global provider of application-specific fluid power and power transmission solutions, announces it is establishing a Gates Global Technical Centre in Lalru, Punjab. The foundation stone laying ceremony for this milestone project will be held on June 13th, with Dr Thomas Strong Moss, Senior Vice President of Innovation, Gates Corporation and Rajesh C Bhandari Senior Managing Director, Gates India, leading the event.

This initiative marks a major step for Gates in India, highlighting the company's commitment to the region as a centre for talent and R&D excellence. By setting up this cutting-edge facility, Gates aims to enhance its capabilities in innovation to deliver advanced solutions to its global customer base. Dr Moss expressed his enthusiasm for the project, stating, "We are excited to establish the Gates Global Technical Centre in Lalru, Punjab. This new Technical Centre reflects our confidence in India as a talent hub and R&D centre. This investment will strengthen our presence in India and drive innovation to benefit customers worldwide."

The Gates Global Technical Centre will serve as a hub for collaboration and innovation, fostering partnerships with local institutions and industry stakeholders to address engineering challenges and drive breakthroughs.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..