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Avaada Group inks MoU with REC for a $1.8 bn Green Ammonia Project Financing

The MOU was executed with due ceremony in Bhubaneshwar, graced by the presence of CMD Vivek Kumar Dewangan of REC and Hemant Kumar Sharma, Principal Secretary, Industries Department, Govt. of Odisha.Read more

Maruti Suzuki targets record exports and expands electric portfolio

Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more

India's Industrial sector surges: August 2023 records impressive growth

Official data released revealed a significant surge in India's industrial production, with a remarkable growth rate of 10.3% on an annual basis in August, following a 5.7% increase in July.Read more

NBC Bearings partners with FOGTEC to supply for Indian Railways

NEI will be responsible for business promotion of FOGTEC products including Supply, installation, and commissioning of the product for Indian Railways.Read more

Indian Auto retail surges: Record sales propel optimism despite inventory concerns

Indian automobile retail sales in September showed a 20% increase compared to the same period last year, reaching a total of 1.89 million units.Read more

Exporter Status certificates to be issued automatically on available data

Under the new system, introduced during a meeting with Commerce and Industry Minister Piyush Goyal and Export Promotion Councils, exporters no longer need to apply to the Directorate General of Foreign Trade (DGFT) for a Status Certificate.Read more

Trina Solar's Latest N-type modules receive BIS certification

The latest Vertex N NEG21C.20 offers 700W+ maximum power output and up to 22.5% module efficiency to deliver high customer value, reliability, energy yield, at lower levelized cost of energy (LCOE) and balance of system (BOS) cost.Read more

Manjushree Technopack, Ganesha Ecosphere to co-develop recycled solutions for packaging

The collaboration is the first of its kind in the country and will provide a one stop solution to brands for their rigid plastic packaging needs, in compliance with the impending Plastic Waste Management (Amendment) Rules, 2022 (PWM Rules).Read more

Sterlite Power acquires Beawar Transmission project from REC

The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) process in August 2023.Read more

Igus’s new slewing ring bearing records low costs and sustainability

Igus is adding a ready-to-install low-cost variant made from regranulated high-performance plastics to its iglidur PRT series which is affordable, compact, lightweight and ready to install with a mouse click: igus has added a minimalist low-cost variant to the portfolio of its iglidur PRT series of slewing ring bearings. The PRT-05-15-PC not only reduces costs, but also protects the environment. The new slewing ring bearing consists of 97 per cent regranulated high-performance plastics.Read more

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