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Space startups struggle with limited ecosystem, face high component costs

High tariffs on space-tech solar panels, implemented to curb Chinese imports, further strain startups.Read more

Bharat Forge secures major ATAGS contract for Indian Army

This landmark order marks a boost for India's indigenous defence capabilities and reflects the country’s emphasis on self-reliance in defence manufacturing.Read more

WMEL and SmartOps partner to transform water reclamation in India

With 17% of the global population but only 4% of its freshwater, India faces a critical water crisis, worsened by rapid urbanisation and lack of infrastructure. Read more

Suzuki and Toyota to start EV manufacturing in India by 2025

The new model will be built on an EV platform co-developed with Daihatsu, featuring a spacious interior and reliable battery power.Read more

Capital-intensive industries drive employment growth in India: Goldman Sachs

India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Senvion India to double manufacturing capacity by 2026

Recently, Senvion India introduced a 4.2 MW wind turbine, marking the first 4 MW turbine designed in collaboration with RE Technologies, a German R&D firm with which it holds an exclusive licensing agreement. Read more

Freight corridors fuel equitable economic growth across India: Study

The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more

Aequs Infra unveils south India’s first FMCG manufacturing ecosystem

Aequs Infra is excited about the potential of the FMCG Ecosystem considering manufacturers in a radius of 400 kilometres of its location account for more than 35% of the market share in India.Read more

Transformer steel shortage threatens India’s energy ambitions: GTRI

CRGO steel, essential for reducing energy loss in transformer cores, plays a pivotal role in the country’s power distribution network. Read more

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