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Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more
RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects
The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more
Government approves new EV policy to attract big investment in manufacturing
As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more
India's industrial output up by 3.8% in January
The major boost to manufacturing came from motor vehicles, trailers and semi-trailers, transport equipment as well as furniture, which may be linked with performance of the housing sectorRead more
Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant
The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV marketRead more
Tata Motors to demerge into two separate listed companies
The two separate listed companies will be for Commercial Vehicles and Passenger Vehicles (including PV, EV and Jaguar Land Rover) businesses.Read more
EVs present new challenges and opportunities for tool makers: Pankaj Abhyankar
In this interview with Rakesh Rao, Pankaj Abhyankar, Sr VP & Business Head, Godrej Tooling, explains the evolution of the tooling industry in India.Read more
Ashok Leyland to set up manufacturing plant for electric buses in UP
Once operational, the plant will initially have the capacity to produce 2500 vehicles per year. Ashok Leyland plans to expand this capacity to 5000 vehicles annually over the next decade, anticipating the growing demand for electric and other types of vehicles in the coming years.Read more
The green path to $ 10 trillion economy
In 2023, green manufacturing startups were able to attract more than $10 billion investment globally (with sectors like batteries, transportation, building and materials, and metal emerging as the most popular choices for investors), according to a Crunchbase report.Read more
Eicher and ITC partner to promote sustainable logistics
Eicher Pro 2055 EV, India’s first commercially available 5.5ton truck was showcased at the Bharat Mobility Global Expo 2024.Read more