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Ministry launches MedTech Mitra to propel growth in medical devices industry
Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.Read more
Adding new dimension to manufacturing
When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more
South Asia Power Summit charts course for regional energy collaboration
The summit, a pivotal gathering of influential figures in the energy sector from the region, aimed to tackle existing challenges and explore new opportunities.Read more
Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders
Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more
Northvolt unveils Sodium-Ion Battery, Paves way to sustainable energy transition
The World Bank Group's 2023 report on Challenges and Opportunities underscores the water intensity and potential environmental impacts of lithium extraction, driving the search for alternatives like sodium-ion batteries.Read more
Genrobotics' G Gaiter AI Robotic Trainer Clinches Top Honour at GPAI Summit 2023
During the summit held from December 12 to 14 at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, Genrobotics' G-gaiter Robotic Technology secured the prestigious 'AI Game Changers' award.Read more
Jupiter Wagons secures Rs 1,617 cr Rail Contract for 4,000 BOXNS Wagons
Jupiter Group, the parent company, specialises in manufacturing railway wagons, components for passenger coaches, and alloy steel casting for rolling stocks and tracks.Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
Turkey tightens grip on Chinese EV imports with stringent regulations
The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more
India expands global partnerships for critical minerals acquisition: Pralhad Joshi
Notably, Argentina, possessing the world's third-largest lithium reserves, and Australia, a major producer of potash and lithium, are key targets for these efforts.Read more