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Indian EV market expected to grow at over 40% CAGR till 2027: Niveshaay
The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.Read more
JSW MG to shift focus to NEVs; to phase out conventional vehicles
JSW MG aims to introduce a new vehicle every four to six months and anticipates that over 50% of its sales will come from electric vehicles (EVs) in 2024.Read more
India’s ACC battery sector to attract $9 billion investment in 5 years
To support this growth, the IESA has advocated for policy parity between ACC-PLI (Production Linked Incentive) bid winners and non-PLI firms regarding business visas for foreign experts involved in setting up ACC manufacturing facilities in India.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
GTRI warns of India becoming an 'EV colony' for China
GTRI urged the government not to rush into providing significant incentives, warning that doing so could increase India's reliance on Chinese imports. Read more
New safety regulations for machinery to impact MSMEs; GTRI
The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more
Honda Power & Bhago Mobility team up for green fleet management services for EVs
Bhago Mobility will launch 100 vehicles within the next few months of 2024 and aims to reach 10,000 vehicle in the next three years by 2028.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
Mahindra Last Mile Mobility to launch electric four-wheeler ‘e-ZEO’
The ‘e-ZEO’ will be launched on October 3, 2024, marking a new era for Mahindra in the commercial four-wheeler e-mobility revolution.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