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Major companies vie for India's Green Hydrogen, Electrolyser incentives
20 firms, such as Reliance Industries, Adani Group, Jindal India, Larsen & Toubro, and Bharat Heavy Electricals, have presented bids for incentives related to the manufacturing of electrolysers, according to statements from the Solar Energy Corp of India.Read more
Google strategically invests in India's MSME market, digital transformation initiatives
Acknowledging the challenge of limited credit access hindering MSME growth in India, Sanjay Gupta highlighted the country's underdeveloped MSME sector, contributing only 28 to 29% of GDP compared to 55 to 60% in the US and China.Read more
BCIC advocates manufacturing growth for India's export ambitions
Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.Read more
India expands global partnerships for critical minerals acquisition: Pralhad Joshi
Notably, Argentina, possessing the world's third-largest lithium reserves, and Australia, a major producer of potash and lithium, are key targets for these efforts.Read more
GreenH, Medha collaborate for India's 1st hydrogen train station in Jind, Haryana
This station is intended to supply Hydrogen for India's pioneering Hydrogen train as part of the Indian Railways' ambitious "Hydrogen for Heritage" initiative.Read more
Sahasra Group invests Rs 350 cr to pioneer semiconductor packaging in India
Sahasra group's Semiconductor division has achieved the milestone of being the first private Indian company to commence packaging and testing operations for NAND flash memory.Read more
Indian Cement Industry Set to Build 100-150MT Capacity
The 14th Cement Expo and 9th Indian Cement Review Conference 2023 flags offRead more
India, EU navigate WTO dispute on ICT duties amid FTA negotiations
The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more
Toys ‘R’ Us accelerates India expansion with local manufacturing plans
Toys ‘R’ Us, the global toy retailer, is set to commence private label manufacturing in India by the middle of next year as part of an aggressive expansion strategy, aiming to position India among its top five markets.Read more
Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1
The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more