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ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability
Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.Read more
IntelliSmart wins India's largest smart metering project worth Rs 20,000 cr
The substantial contract encompasses the deployment of approximately 1.7 crore smart meters across four states—Uttar Pradesh, Assam, Bihar, and Gujarat.Read more
Oakter secures approval in PLI 2.0, paving way for high-tech manufacturing
Oakter is currently underway with the development of an indigenous tablet within the PLI framework, with plans to commence manufacturing within the next 90 days.Read more
India's National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030
The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more
India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
Apple resists India's push for universal charging, citing production targets
The US tech giant is actively seeking an exemption or postponement while engaging in discussions with Indian authorities.Read more
Graphite India invests Rs 50 cr in Godi India for advanced battery technologies
The company has acquired technical expertise in cutting-edge technologies like sodium-ion and Solid-State batteries.Read more
European Investment Bank eyes green hydrogen in India, awaits proposals
In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more
Ultracab secures Rs 8.66 cr agreement with Tata Power for LT Cables Supply
In the past year, Ultracab successfully fulfilled project orders from esteemed entities such as the TATA Group, Adani Group, Jindal Group, Vedanta Group, various departments of Indian Railways, and other PSU companies.Read more
Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion
Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more