MANUFACTURING
CUMI Decides To Shut Down Loss-Making Units, Invests In Fab Facility
Carborundum Universal Ltd (CUMI) has initiated closure of its loss-making overseas units while stepping up investments in semiconductors, advanced ceramics and value-added materials as part of its long-term growth strategy. The Murugappa group company has decided to wind up Germany-based Awuko and discontinue operations at South Africa-based Foskor Zirconia after prolonged losses and weak market […]
CW Bureau
·
May 22, 2026
MANUFACTURING
CUMI Eyes Expansion, Advanced Materials For Aspiration 2030 Growth
Carborundum Universal Ltd (CUMI), a Murugappa Group company engaged in abrasives, ceramics, electro-minerals and refractories, is accelerating investments in capacity expansion, advanced materials and new-age technologies as part of its “Aspiration 2030” growth strategy aimed at building new revenue engines over the next five years. The company said the first year of the Aspiration 2030 […]
CW Bureau
·
May 22, 2026
STARTUP/TECHNOLOGY
MeitY Launches Silicon Photonics PDK, PPIC Test Engine At IIT Madras
Ministry of Electronics and Information Technology (MeitY) Secretary S. Krishnan launched two silicon photonics technology solutions — a Process Design Kit (PDK) for photonics chip manufacturing and a Universal packaged PPIC (Programmable Photonic Integrated Circuit) Test Engine — developed at the MeitY-supported Centre of Excellence at IIT Madras. The launch was held in the presence […]
CW Bureau
·
Apr 25, 2026
