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Orkla India and CleanMax partner to make MTR Karnataka factories 100% renewable

The partnership involves a 25-year power purchase agreement (PPA) for the generation and supply of renewable energy from a 6.6 MWp Solar Captive Power Project located in Jagaluru, Karnataka.Read more

Gadkari suggests vehicle scrapping to boost auto sales by 18-20%

Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more

ISM aims for 10 semiconductor plants in 10 years: CEO

The government has received 20 proposals for semiconductor units, including chip packaging plants, with five projects already approved involving investments totalling Rs 1.52 trillion.Read more

Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion

The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.Read more

Servotech receives order to install 11 public EV charging stations for BESCOM

Additionally, Servotech will provide warranty support and handle all necessary electrical connections and power supply arrangements.Read more

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

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