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Budget 2024-25: Analysis of Budget impact on MSMEs

The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than only on assets and turnover criteria. Read more

Carl Zeiss to invest Rs 25 billion in Indian lens manufacturing plant

Carl Zeiss reported Rs 18 billion in business from India last year.Read more

onsemi unveils silicon carbide technology platform called EliteSiC

The platform uniquely achieves a reduction in both conduction and switching losses on the field-proven planar architecture.Read more

Tata Motors aims to make EVs more accessible for customers

In this interview, Rakesh Rao spoke to Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service, Tata Passenger Electric Mobility Ltd, to understand challenges and opportunities in India's electric vehicle market.Read more

EV startup River to open Rs 10 billion manufacturing facility in Telangana

The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more

Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India

Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more

Volvo: Despite fluctuations, EVs to be the future

In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year growth, while hybrid car sales increased by 38% to 22,300 units.Read more

Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers

In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more

Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27

Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more

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