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India should slow down SUVs buying: Global NCAP, Exe. President

Mr David Ward, Executive president, Global New Car Assessment Programme (Global NCAP) shared insights at the three day ‘Global Road Safety Initiative’ organised by organised by the Institute of Road Traffic Education (IRTE).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 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

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

ICEMA's Vision Plan 2030 aims to make India world’s 2nd largest in Construction Equipment industry, reveals President

Indian Construction Equipment Manufacturers Association (ICEMA) is the nodal body representing the Construction Equipment industry (OEMs, suppliers and financial institutions) in the country and is affiliated to Confederation of Indian Industry (CII). V Vivekanand, President of ICEMA and of Managing Director at Caterpillar India, in this interview, shares the current outlook of Indian CE industry while emphasising on the need of technology adoption. The association also launched ICEMA CE TechnolRead more

CG Power seeks approval for $791 mn semiconductor facility in India

The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.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

Minister assigns top priority to critical projects of the Northeast by Jan, 2024

Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.Read more

Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins

Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more

Induction furnace owners seek GST protection amid complex SC challenges

Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more

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