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Genus Power secures Rs 3,115 cr smart meter contracts

These contracts involve the appointment of Advanced Metering Infrastructure Service Providers (AMISPs) for designing Advanced Metering Infrastructure (AMI) systems.Read more

Schaeffler announces merger with Vitesco, accelerating EV market presence

Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more

Rajnath Singh to inaugurate the India Manufacturing Show, 2023

Laghu Udyog Bharati-Karnataka in association with IMS Foundation is hosting a three-day 6th Edition of India Manufacturing Show 2023 scheduled for November 2-3-4, 2023 at BIEC in Bangalore.Read more

Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore

The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more

India's E-scooter startups struggle amidst localisation challenges

A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more

Schneider Electric expands Indian operations, aims for global growth

Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more

Govt imposes nationwide ban on electric detonators starting April 2025

In a notification, the Department for Promotion of Industry and Internal Trade (DPIIT) has said that the central government is of the opinion that electric detonator is of a Read more

Panasonic Electric Works aims at tripling revenue, expanding global reach by 2030

Panasonic Electric Works (PEWIN), a subsidiary of Panasonic Corporation, has ambitious plans to triple its revenue to over Rs 15,500 crore by 2030.Read more

M&M accelerates global expansion with new vehicles, electric portfolio

M&M's focus lies on the international market, where it intends to introduce its latest products like the XUV700 and Scorpio-N, alongside a new range of electric vehicles.Read more

More than half of India?s vehicles will be electric by FY33, Axis Capital Research

A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more

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