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CIL phasing out imports for boosting domestic mining equipment manufacturing
Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
India's trade deficit shrinks significantly in September 2023
The country's goods exports saw a slight decrease of 2.59%, dropping to $34.47 billion from $35.39 billion in September 2022.Read more
India reverses laptop import restrictions amid backlash
The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more
Indian Steel Association urges govt action amid surge in Chinese imports
Alok Sahay, the secretary general of the group representing India's steel producers, emphasised the need for systemic changes.Read more
Indian Solar exports skyrocket, fuelled by US market success
Between April and July 2023, India's solar cell and module exports surged to $628.38 million, marking a staggering 1,062% increase from the $54.04 million recorded in the same period of 2022.Read more
Waaree Energies advocates local solar manufacturing
Waaree Energies is exploring new technologies and considering establishing a battery cell manufacturing unit to expand its battery storage business.Read more
Indian Railways struggles with wheel supply, increasing reliance on Chinese imports
The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more
India imposes anti-dumping duty on Chinese Steel amid Surging Imports
China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more
Hydrogen can reduce imports by $ 160 bn for India: Dr Mashelkar
Green hydrogen is a disruptive game changer that can lead to innovation led exponential growth; India should pole vault to it, not leap frog: Padma Vibhushan, Dr R A MashelkarRead more