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Industry urges customs duty cuts for green hydrogen viability in India
Renewable energy devices such as solar modules face substantial customs duties and taxes upon import, rendering the establishment of Green Hydrogen facilities economically uncompetitive, according to experts.Read more
Union Health Ministry enhances Pharma Quality Control with Revised Schedule M rules
Schedule M outlines the Good Manufacturing Practices (GMP) for pharmaceutical products, and the revised version aims to ensure adherence to GMP standards, emphasising the requirements for premises, plant, and equipment related to pharmaceutical production.Read more
Modi Group unveils Rs 6,000 cr investment plan for wellness cities in India
The firm has allocated Rs 1,000 crore for a 2 million sq ft healthcare initiative in Delhi's Saket, along with an integrated township project in Rampur, Uttar Pradesh.Read more
RDC celebrates 100th plant milestone in Surat, targets Rs 2,500 cr revenue
With a monthly delivery capacity of 4 lakh m3 (cubic meters) catering to various sectors, RDC has set an ambitious target to extend its reach to every state and Union territory in the country.Read more
Piyush Goyal upbeat on India's export outlook despite global slowdown
Goyal highlighted the noteworthy achievement of India's goods and services exports, surging from $500 billion two years ago to an impressive $776 billion in 2022-23.Read more
Jupiter Wagons, BEML secure Rs 802 cr defence contracts
Additionally, BEML secured orders amounting to Rs 329 crore for 56 units of the mechanical minefield marking equipment Mark II, according to a statement released by the defence ministry.Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
India's Steel Ministry explores Japan Collaboration for carbon-neutral steel production
Currently, two decarbonisation projects are in progress. The first project involves the utilisation of green hydrogen as an alternative fuel to partially replace coal. The second project focuses on developing new coke-making technologies.Read more
ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track
Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more
Altair announces Future.Industry 2024 global flagship event
The company’s flagship annual event, which will take place virtually on March 6-7, 2024.Read more