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India offers $452 mn incentives for Green Battery Storage Boost
Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more
Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing
The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more
Maharashtra unveils solar incentives for Textile Industry
Maharashtra Electricity Regulatory Commission has proposed amendments to Distributed Open Access Regulations, making it easier for consumers with a contract demand of 100 kW or more to access power from renewable sources.Read more
India's IT hardware PLI Scheme sees strong industry interest
The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more
HP pursues Indian PC manufacturing growth through PLI 2.0
To bolster PLI 2.0, the government has implemented restrictions on the import of IT hardware, requiring OEMs to apply for licenses before importing.Read more
India’s pathways to automation in manufacturing
Automation Expo 2023 in Mumbai recently created the opportunity for the companies to demonstrate their automation solutions at the display. Ayushi Khandelwal reports on how Indian companies are taking different paths in enabling the automation on the shop floor grounds of different industries.Read more
The best made in Taiwan products on display by Taiwan Excellence
The Taiwan Excellence Pavilion is dedicated to meeting India's automation needs while driving mutual success. It showcases cutting-edge automation solutions from well-known Taiwanese brands such as Advantech, Chin Fong, GMT Global Inc, Heran, HIWIN, KSS, Planet, Solomon, Techman Robot and Toyo Automation.Read more
Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24
Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more
Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST
Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more
Chips are up!
Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more