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India's green hydrogen initiative garners interest, major players sit out initial subsidy auction
Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more
Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods
The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more
Importance of addressing system for long conveyors in heavy industries
Long Conveyor is an important component in heavy industries. Ashish Chane conducts a study and presents a white paper on addressing its importance and benefits to the organisations.Read more
CIL phasing out imports for boosting domestic mining equipment manufacturing
Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more
Ministry of Heavy Industries champions localisation for global manufacturing hub
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more
Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations
The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more
Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing
The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more
Exide invests Rs 100 cr in energy solutions, resolves trademark dispute
Exide Energy Solutions, a wholly-owned subsidiary of Exide Industries, specialises in the production of battery cells, assembly, and the sale of battery modules and packs.Read more
Indian Biogas Sector sees surge: Expects Rs 1,500 cr in Foreign Investments
During the Renewable Energy India Expo 2023, investment agreements amounting to Rs 2,755 crore were sealed, nearly double the figures from the previous year.Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more