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Waaree becomes the only Indian solar panel manufacturer recognised in RETC PV benchmarking report 2024

Waaree Energies Limited has been rated as the Overall Highest Achiever in the PVMI Report 2024, a recognition that highlights the company's performance across certain key areas evaluated. Read more

India's global FDI share drops to 2.1% in 2023

Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more

Samvardhana Motherson reports Q1 results; rise in profit, loss in share price

Following the results, Samvardhana Motherson's shares fell by as much as 4.5%, closing 2.8% lower at Rs 182.9. Despite this decline, the stock has gained 70% in 2024.Read more

CII and Danfoss India launch report on food processing sector at FoodPro 2024

The report covers an overview of India’s food processing sector with a deep dive into the potential for southern states.Read more

India's EV charging stations increased nine-fold: Forvis Mazars report

The total numbers of BEV charging stations have surged from 1,800 in February 2022 to 16,347 in March 2024.Read more

Minda Corporation reports consolidated revenue of Rs 11.92 billion for Q1 24

During the quarter, the company signed a Joint Venture Agreement with HCMF for Automotive Sunroof Solutions and Closure Systems. Read more

Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA

Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

India's counter-drone market to expand 28% annually in five years; report

The surge in the drone market is driven by the increasing need for systems to counter aerial threats. Read more

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