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Manufacturing activity in India rebounds in June; fastest hiring in 19 years
As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more
Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion
It is planning to expand the capacities for its new product lines which will include component for handsets.Read more
FSSAI cancels 111 spice producers’ licences manufacturing in India
Most of the revoked licenses belong to small-scale producers from Kerala and Tamil Nadu, with some from Gujarat, Maharashtra, and Madhya Pradesh.Read more
Waaree Energies to secures contract for 900 MW modules for solar power plant
The project located in Jaisalmer, Rajasthan is secured from Serentica Renewables India. Read more
Thales Group & Adani Defence and Aerospace to manufacture 70 mm rockets in India
Recently, Adani Defence and Aerospace also signed a historic agreement with UAE’s Edge Group to create a global platform for defence and aerospace capabilities, further enhancing the technological prowess and reach of Indian defence manufacturing.Read more
DEUTZ signs pact with TAFE for India expansion
The agricultural and construction sector will play a major role in achieving this strong growth.Read more
India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Temico Motor to make powertrains for Indian EV manufacturers
It is expected to start mass production after gaining certification from the Bureau of Indian Standards next month.Read more
Unicorn Ola Electric develops solid-state battery
Ola Electric plans to supply these cells to other electric vehicle manufacturers and renewable energy firms. Read more
EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more