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Servotech, IIT Roorkee collaborate to develop rectifier units of CCS2 chargers
This collaboration will boost domestic manufacturing capabilities and promote the growth of the domestic EV industry.Read more
RACE Energy Partners with LOHUM for Sustainable EV Battery Recycling
To ensure that EV batteries will be efficiently recycled/refurbished once they reach their end-of-life cycle In alignment with the mandate under EPR guidelines for responsible battery management.Read more
Global 'Invisible' E-Waste crisis: $10 bn worth raw materials discarded annually
The United Nations revealed that consumers worldwide discard or retain unused electronic devices, containing valuable raw materials essential for the green energy transition, amounting to nearly $10 billion annually.Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
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