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Transformers & Rectifiers India Buys 51% of Posco-Poggenamp Electrical Steel
The company acquired 13,770,000 equity shares from existing shareholders under a Share Purchase and Shareholder’s Agreement. Read more
Chips are up!
In December 2024, India's electronics exports surged by 35.1 per cent to reach a two-year high of $3.58 billion, up from $2.65 billion in December 2023, according to the Ministry of Commerce and Industry, Government of India. Similarly, electronics exports rose by 27.4 per cent during April-November 2024, hitting $22.5 billion compared to $17.66 billion during the same period in 2023.Read more
Budget launches National Manufacturing Mission, revises MSMEs classifications
To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more
Budget 2025 aims to boost economy by propping up consumption, rejigs duties
FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more
Govt infra spending grows 38.8% in five years: Economic Survey
India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024. Read more
Jupiter International and Odisha govt sign MoU to advance solar manufacturing
Jupiter International will invest Rs 20.05 billion through its subsidiary, Jupiter Renewables. Read more
Indian electronics industry's mission $ 500 billion
Indian electronics industry has set an ambitious target of $500 billion by 2030 from present $ 101 billion. The task is challenging, but not insurmountable. As a result, the industry is on the cusp of unprecedented growth, says Rakesh Rao.Read more
We want India to account for 10% of Renesas' revenues: Malini Narayanamoorthi
In this freewheeling interview with Rakesh Rao, Malini Narayanamoorthi, India Country Manager and VP of MID Engineering, Analog & Connectivity Group, Renesas, elaborates on challenges and opportunities in the semiconductor space for IndiaRead more
NTPC rolls out CO2 battery at NTPC Kudgi
Unlike BESS, which is based on electrochemistry, the CO2 battery is based specialised electro-mechanical turbomachinery.Read more
India’s electronics industry is on the cusp of unprecedented growth: Nikhil Rao
In this interview with Rakesh Rao, Nikhil Rao, VP of Operations at Flex India, elaborates on India’s fast-evolving electronics manufacturing sector and Flex’s growth plans in the country.Read more