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Exporters call for enhanced benefits and expansion of RoDTEP Scheme

The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more

Indian Wind Energy faces economic hurdles in repowering old turbines

Repowering turbines with higher-capacity machines is not economically viable due to the lack of incentives when compared to establishing new installations at fresh sites.Read more

REC expands global footprint with Green Energy Projects

In an exclusive interview, Chairman and Managing Director Vivek Kumar Dewangan unveiled their sanctioned green hydrogen ammonia project in Oman and forthcoming ventures in Bhutan, Nepal, Bangladesh, and Sri Lanka.Read more

Central govt commits to sustaining capital spending despite fiscal deficit concerns

The official emphasised that the Central government's objective is to encourage departments to accelerate capital expenditure (capex) in the current fiscal year to support economic growth.Read more

ICRIER study: E-commerce integration vital for MSMEs' survival and growth

The study, titled 'Annual Survey of MSMEs in India: Leveraging E-commerce for the Growth of MSMEs,' emphasises that although integrating with e-commerce platforms offers benefits to MSMEs, it is crucial to acknowledge that for those unable to do so.Read more

Samson Controls celebrates expansion in alignment with Atmanirbhar Bharat Abhiyan

Samson Controls Pvt Ltd (SCPL), a wholly-owned subsidiary of Samson AG, Frankfurt, is a major player in the industry with two manufacturing units in Ranjangaon, Pune, and a network of eight sales offices and three service centres across India.Read more

Nigeria seeks major Indian partnerships for economic expansion

Nigerian Foreign Affairs Minister Yusuf Maitama Tuggar encouraged medium-sized Indian family businesses to explore opportunities in the Nigerian market, emphasising the reduction in political and financial risks.Read more

Tata Steel, ABB India collaborate to cut carbon in steel production

The partnership between these two companies will primarily involve comprehensive assessments of Tata Steel's manufacturing facilities, with a focus on evaluating and jointly developing strategies to enhance energy efficiency.Read more

AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha

The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more

The “Top 100 Performers” of engineering sector

According to the International Monetary Fund (IMF), India is poised to remain a significant contributor to the global economy, accounting for approximately 15 per of global economic growth in CY 2023.Read more

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