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Indian defence market set for 14% annual growth amid government indigenisation

The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more

Tata Power achieves double milestone of 100,000 home and 1000 e-bus chargers

With a growing network of over 5,600+ RFID enabled 5570+ public and captive charge points, strategically located across malls, hotels, hospitals, offices, residential societies, highways, etc. which are centrally monitored by an advanced Network Operations Centre (NOC) in Mumbai, Tata Power is at the forefront of empowering sustainable mobility in the country.Read more

India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

Cabinet sub-committee approves Rs 1.17 trillion for semiconductor & EV projects

The project, divided into two phases, will see an investment of Rs 849.47 billion, with Rs 587.63 billion allocated for the first phase and Rs 251.84 billion for the second.Read more

DAC approves Rs 1.45 trillion defence orders; to boost PSUs

In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more

Sunkind to establish 1.5 GW solar module manufacturing plant by April 2025

The project is expected to generate employment for over 500 people, aligning with the goals of ‘Viksit Rajasthan’ and ‘Viksit Bharat’ by 2047.Read more

ZETWERK gets ARAI certification for Made in India 60kW & 120kW DC fast chargers

ZETWERK is currently engaged in R&D to expand its product offerings and is currently working on next-generation Super DC Chargers with capacities of 240kW and 360kW.Read more

KEC International wins new T&D orders of Rs 14.23 billion

The order is for the design, supply and installation of 380 kV transmission lines in Saudi Arabia.Read more

G&B launches Rs 1 billion AI-driven washing machine production facility in Pune

Located in Shirwal near Pune, the facility spans 100,000 sq. ft. and is set to add a capacity of 300,000 units annually.Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

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