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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

Reliance Infra plans EV manufacturing facility in India

Reliance Infra is exploring the establishment of a battery plant with an initial capacity of 10 GWh, with plans to scale up to 75 GWh over the next decade.Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

Finolex Cables releases advanced E-Beam irradiated LT XLPE Solar Cables

Designed to withstand extreme operating conditions, these innovative solar cables are capable of handling temperatures up to 120°C, with higher current ratings and superior durability making them ideal for demanding industrial applications and large-scale solar installations.Read more

Indian Battery Manufacturers Association elects Preeti Bajaj as President

IBMA also elected Rajesh Jindal, President & Chief Marketing Officer, Amara Raja Energy & Mobility Ltd., as the new Vice President of IBMA. Read more

Balaji Amines nears deal with lithium battery manufacturer

In fiscal 2022, Balaji Amines commissioned a DMC and propylene glycol plant as part of its greenfield project, making it the sole manufacturer of these products in India. Read more

RIL electrolyser giga factory to be operational by 2026

Electrolysers are essential for green hydrogen production, as they use electricity to split water into hydrogen and oxygen.Read more

Sembcorp to invest Rs 362.38 billion in green ammonia plant in Thoothukudi

Earlier this year, Sembcorp signed a Memorandum of Understanding with the Government of Tamil Nadu during the Global Investment Meet.Read more

India and Japan ink contract for green ammonia exports

The Heads of Terms (HoT) agreement was formalized between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power, and NYK Line, establishing a cross-border green ammonia supply partnership from India to Japan.Read more

India to continue reliance on Chinese parts amid domestic manufacturing push

Imports of personal computers, laptops, and tablets decreased by 3.4% in 2023-24 to $8.4 billion, but China still accounts for about 60% of these imports. Read more

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