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ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more
Apple's expansion gains momentum with increased investments, stores, manufacturing initiatives
Reports indicate that the Sriperumbudur factory on the outskirts of Chennai is now actively involved in assembling the iPhone 15, which launched and went on sale in September.Read more
Q-Line Biotech boosts healthcare manufacturing in UP with Rs 500 cr investment
The inauguration of the facility is slated to be proposed during the upcoming Ground Breaking Ceremony, with a formal invitation extended to the Chief Minister.Read more
IntelliSmart wins India's largest smart metering project worth Rs 20,000 cr
The substantial contract encompasses the deployment of approximately 1.7 crore smart meters across four states—Uttar Pradesh, Assam, Bihar, and Gujarat.Read more
European Investment Bank eyes green hydrogen in India, awaits proposals
In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more
ENGIE commences construction of 400?MW Solar PV Project in Gujarat
ENGIE secured its position as a favoured bidder with a 25-year Power Purchase Agreement (PPA) signed with Gujarat Urja Vikas Nigam.Read more
Catamaran ventures into precision manufacturing start-ups
The firm aims to invest in companies involved in deep tech and automobile manufacturing, particularly those capable of exporting products and creating components.Read more
Commerce minister extends investment invitation to Nordic-Baltic region, key market for exports
Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal highlighted remarkable export growth rates to Finland and Norway.Read more
West Bengal opens doors to foreign investments in EV
The event, organised by the British Deputy High Commission in Kolkata in collaboration with the Bengal Chamber of Commerce and Industry, saw the participation of 11 UK-based companiesRead more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more