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FICCI’s report on SMEs in India shows increase in tech adoption
The Federation of Indian Chambers of Commerce and Industry released its report on Small and Medium Enterprises (SMEs) in India in New Delhi. The report highlights how SMEs are adapting to the digital transformation, adopting sustainability practices and challenges.Read more
Israel-based Tower Semiconductor revives plans for Indian Chip Plant
This development follows Intel's cancellation of its $5.4 billion acquisition plan for Tower Semiconductor in August due to regulatory challenges.Read more
Amara Raja Energy & Mobility wins Golden Peacock Award for Sustainability
Honoured with the prestigious 'Golden Peacock Award for Sustainability' for 2023 in the Automotive Ancillary sector. Read more
Gulf Oil and S-OIL SEVEN join forces to expand footprint in India
Gulf Oil will oversee the production, distribution, and promotion of premium OEM like KIA India dealer network.Read more
Servotech, IIT Roorkee collaborate to develop rectifier units of CCS2 chargers
This collaboration will boost domestic manufacturing capabilities and promote the growth of the domestic EV industry.Read more
Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai
Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more
RACE Energy Partners with LOHUM for Sustainable EV Battery Recycling
To ensure that EV batteries will be efficiently recycled/refurbished once they reach their end-of-life cycle In alignment with the mandate under EPR guidelines for responsible battery management.Read more
Škoda Auto Volkswagen India Inaugurates Parts Expedition Centre in Pune
Parts Expedition Centre (PEC) will boost exports from VW Group India, beginning with Vietnam in 2024.Read more
Karnataka's MSMEs struggle amidst Power Supply woes
A consistent power supply is crucial for manufacturing, and power interruptions are expected to adversely impact the state's economy as a whole.Read more
Global 'Invisible' E-Waste crisis: $10 bn worth raw materials discarded annually
The United Nations revealed that consumers worldwide discard or retain unused electronic devices, containing valuable raw materials essential for the green energy transition, amounting to nearly $10 billion annually.Read more