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Bosch registers 12.9% profit before tax in Q2 FY 2023-24
Profit after tax (including exceptional items) stood at 24.2 percent of total revenue from operations.Read more
Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program
The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
Siemens unveils eco-friendly Blue GIS Switchgear for Sustainable Power Grids
The newly introduced F-gas-free blue GIS primary switchgear facilitates an early shift towards eco-friendly grids, anticipating upcoming regulations.Read more
Renew Power plans Rs 44,000 cr investment for 9 GW capacities by FY26
Currently possessing an installed capacity of 9.5 GW, the company plans to invest in both wind and solar projects.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
Govt organises 2-day Conference of Power and New & Renewable Energy Ministers
Minister said that India would not have become the fastest growing large economy of the world if we had not brought about a transformation in power sector.Read more
BorgWarner Increases Power Electronics Business with European OEM
By combining the inverter and converter elements, the compact CIDD can manage both a vehicle's electric drive and its accessory systems.Read more
Sterlite Power demerges Transmission and Products Business
This move comes as part of the Company?s intent to create ?pure play? business verticals based on their end-customer base, investor class and returns.Read more
CARACAL, ICOMM: Powering India?s small arms revolution
ICOMM's design, development, and manufacturing center in Hyderabad is one of the largest companies engaged in the production.Read more