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Michuang cyclone disrupts ortho implants production at TTK Healthcare facility
Officials were assessing the situation and undertaking all the requisite actions to resume operations.Read more
Maruti Suzuki's Gujarat plant hits 3 mn production milestone, fastest in firm’s history
Maruti's board of directors recently granted approval for the acquisition of SMG from SMC, with a total purchase consideration amounting to Rs 12,841.1 crore. As a result, the largest carmaker in the country now holds ownership of SMG.Read more
ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability
Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.Read more
India's National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030
The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more
India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
Apple resists India's push for universal charging, citing production targets
The US tech giant is actively seeking an exemption or postponement while engaging in discussions with Indian authorities.Read more
European Investment Bank eyes green hydrogen in India, awaits proposals
In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more
India explores global partnerships for indigenous hydrogen-powered trains
The Indian Railways is advancing the creation of a prototype train utilising hydrogen fuel cells, offering a more eco-friendly alternative to traditional diesel locomotives.Read more
PLI Scheme spurs 500,000 jobs in mobile industry: Minister
Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more
HCCB breaks ground for Rs 1,387 cr greenfield factory in Maharashtra
The ground-breaking ceremony saw the participation of Maharashtra Chief Minister Eknath Shinde, State Industries Minister Uday Samant, HCCB Chief Executive Officer Juan Pablo Rodriguez, and other senior leaders from the company.Read more