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Mitsubishi Heavy Industries reports record FY2024; Issues strong FY2025 outlook

Strong performance was led by the Energy Systems segment, particularly Gas Turbine Combined Cycle (GTCC) and Aero Engines, both of which saw substantial demand and improved margins.Read more

Exide Industries in battery talks with EV makers

Hyundai is set to become the first Indian automaker to use locally manufactured battery cells for electric vehicles through its agreement with Exide’s subsidiary, Exide Energy Solutions, signed in December 2024. Read more

Foxconn to develop EVs for Mitsubishi

The vehicle will be developed by Foxtron, manufactured in Taiwan by Yulon Motor Co, and launched in the Oceania region (Australia and New Zealand) in the second half of 2026.Read more

By 2032 India will have 123 million EVs on-road under NEV goal

By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more

HARTING views India as a high-potential market: Jörg Scheer

In this interaction with Rakesh Rao during Hannover Messe 2025, Jörg Scheer, MD of HARTING Electronics & HARTING Customised Solutions, highlights on emerging opportunities with the rise in electrification across industries.Read more

TRSL and BHEL inaugurate Vande Bharat Sleeper Train production line

With a total value of around Rs 240 billion including long-term maintenance of 35 years, the project is among the significant initiatives being undertaken under our Hon’ble Prime Ministers Make in India and Aatmanirbhar Bharat initiatives.Read more

Numeros Motors and IIT Bhubaneswar to pioneer RE-free motor topologies

The collaboration is intended to support India’s clean mobility goals by reducing dependence on rare earth materials—key components in traditional EV motors—and by encouraging local innovation in EV manufacturing. Read more

Crompton receives solar water pump order from MEDA

This development comes at a time when India’s submersible water pump market is witnessing rapid growth, driven by increasing demand across agriculture, rural water supply, urban infrastructure, and industrial applications. Read more

Abb India’s Nelamangala campus achieves Mission to Zero™ status

ABB Nelamangala location, which delivers electrification motion, robotic and automation solutions for a variety of industries, is ABB’s second Mission to Zero™ site in India. Mission to Zero™ is part of ABB’s global sustainability journey to deliver net-zero emissions and more sustainable operations at all facilities.Read more

Panasonic LS appoints K V S Sanjay as Vice President and Head of Solar & EV

Sanjay will focus on expanding the company’s market presence and building strong partnerships to support its clean energy goals. Read more

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