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GOI approves Konoike Transport as buyer of Ferro Scrap Nigam for Rs 320 billion
FSNL, founded in 1979, specialises in recovering and processing scrap from slag in steel plants.Read more
Tata Group and Analog Devices to explore semiconductor manufacturing in India
Recently, Tata Group laid the foundation for a Rs 270 billion semiconductor assembly and test facility in Morigaon, Assam.Read more
Honeywell and Samsung E&A collaborate to reduce power plant emissions
Between 2023 and 2030, Honeywell estimates that the company’s CCUS technologies will have a cumulative impact of mitigating 320 million metric tons of CO2e.Read more
Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions
Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more
Tata Electronics plans two additional semiconductor fabs in Gujarat
The plant aims to reach a peak production capacity of 50,000 wafers per month.Read more
Torrent Power invests Rs 72 billion in green hydrogen and ammonia projects
Torrent Power is also pursuing a pumped storage power project with a capacity of 5-8 GW, requiring an investment of Rs 250 to Rs 350 billion.Read more
India targets Rs 10.6 trillion for green hydrogen and 135 GW of clean energy
Gujarat and Tamil Nadu will be crucial in this transition, contributing 43% and 24%, respectively, of the total renewable energy needed.Read more
High freight costs and container dependence knock India's exports; GTRI
Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more
India urged to strengthen ties with Taiwan and Japan for semiconductor growth
Japan is contributing to the development of India's semiconductor sector by providing training to Indian workers, while Taiwan is investing in semiconductor clusters in Southeast Asia.Read more
Tata Electronics and TCS to develop India’s first domestic chips by 2026
In February, the India Semiconductor Mission approved the establishment of three semiconductor facilities to boost the sector. Read more