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India to soon launch safety assessment rating for trucks and heavy vehicles

The two day workshop on Vehicle and Fleet safety was jointly organised by the New Car Assessment Program (GNCAP ) and Institute of Road Traffic Education (IRTE).Read more

ACE secures Rs 4.2 billion contract from Ministry of Defence

The Ministry of Defence (MoD) has signed contracts, in the presence of Defence Secretary Shri R K Singh, for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT), with ACE securing a dominant 60% share of the order. Read more

Budget 2025: Energy sector highlights and reactions

The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more

Budget 2025: Manufacturing sector highlights and reactions

The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more

Budget 2025: Auto industry highlights and reactions

MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more

Govt to establish R&D centre for renewable energy components: Pralhad Joshi

In addition, Joshi revealed that a dedicated task force, including officials from the power ministry, MNRE, and key industry stakeholders, will be formed to expedite the efforts needed to meet the 500 GW renewable energy target by 2030. Read more

Taiwan to permit 1,000 Indian workers for manufacturing sector

This policy will initially focus on manufacturing, with officials set to meet online every two months.Read more

Indian met coke industry faces crisis; Asks government to save jobs

Met coke, derived from coal carbonisation, is a crucial input for steel-making and industries like ferroalloys, foundries, nickel, and automotive manufacturing.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

REC signs MoU with RE developers for Rs 1.12 trillion during 4th RE-INVEST

This will increase the share of Renewables from current 8% to 30% by 2030, as REC’s loan book is projected to be of Rs 10 trillion by 2030.Read more

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