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PIRE aims to reach Rs 2,000 cr orders in the next two years

Godrej Electricals & Electronics’ Power Infrastructure & Renewable Energy (PIRE) business offers solutions for power transmission and distribution (T&D) and renewable energy projects. In this interview with Rakesh Rao, Raghavendra Mirji, Senior Vice President & Head – PIRE, Godrej Electricals & Electronics, Godrej & Boyce, highlights on the challenges & opportunities in the T&D sector and how the division is geared up to tap the market potential. Read more

Global motion plastics leader Igus aims to double revenues to Rs 300 cr in India

Germany-based Igus announced the launch of over 180 new products from its innovative virtual product expo - titled Igus Motion Plastic Show (IMPS) - to support growth in India. Read more

Birla Carbon aims for ‘Net Zero Carbon Emissions by 2050’

A first in the carbon black industry, the company has aligned to The Paris Agreement along with its customers and suppliers’ commitments.Read more

Government aims to stimulate demand for low-carbon industrial material

Alok Kumar, Secretary, Ministry of Power highlighted that India is committed to cut emissions intensity per unit of GDP by 33 to 35 per cent by 2030.Read more

Atal Innovation Mission launches AIM-PRIME, in partnership with BMGF & Venture Center

In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program which will be implemented by Venture Center - a non-profit technology business incubator.Read more

PMFME Scheme aims to build two lakh micro food processing enterprises

This scheme aims to provide financial, technical and business assistance for upgradation of existing micro food processing enterprises.Read more

Auto component major BorgWarner aims to grow EV revenues to 45% by 2030

As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more

Budget 2021 aims to rationalise duties; proposes changes to benefit MSMEs

To benefit MSMEs, budget proposes to increase duty on steel screws, plastic builder wares and on certain auto parts. The budget 2021 proposes to review 400 old exemptions in the custom duty structure this year.Read more

Proposed Indian Ports Bill, 2020 aims to attract investments and boost economic activity

Formulation of specialised tribunals, affordable grievance redressal mechanism and a dedicated tribunal to curb any anti-competitive practises in the port sector are some key reforms to empower exporters in the long run. Read more

NTPC aims for 130 GW power capacity by 2032

In line with the global trend towards renewable energy, which is a cleaner source of energy, NTPC plans to achieve 32,000 MW of capacity through renewables or 25 per cent of its overall power portfolio at the beginning of the next decadeRead more

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