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Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs
As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more
Avaada Group inks MoU with REC for a $1.8 bn Green Ammonia Project Financing
The MOU was executed with due ceremony in Bhubaneshwar, graced by the presence of CMD Vivek Kumar Dewangan of REC and Hemant Kumar Sharma, Principal Secretary, Industries Department, Govt. of Odisha.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
ReNew Energises green hydrogen push: Chairman unveils ambitious plans
In addition to expanding renewable energy capacity, ReNew aims to become a prominent decarbonisation company, assisting corporations with products and services.Read more
STL, Hygenco partners for green hydrogen revolution in India's Optical Industry
Under this extensive long-term agreement, Hygenco will oversee the operation of a Green Hydrogen facility for STL for a period of 20 years.Read more
Indian industries hit hard: Unplanned downtime costs mn, urgent shift needed
A recent global survey titled Read more
Tata Group boosts India's semiconductor ambitions with govt subsidy bid
Insider sources from the Ministry of Electronics and IT have revealed that Tata is in the process of drafting a proposal, expected to be submitted within the next 3 to 6 months.Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
Ather Energy expands globally and boosts production capacity
Ravneet Phokela, Chief Business Officer of Ather Energy, informed that the location for the new facility is yet to be finalised, but it will be located outside Tamil Nadu, where the company's existing plant operates.Read more