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Azad Engineering signs $54 million pact with GE Vernova
The announcement follows the inauguration of Azad Engineering’s new 7,600 sq m lean manufacturing facility, which has been established to support high-volume production. Read more
British International Investment takes 10% stake for $100 million in ReNew
The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity. ReNew has 6.4 GW of module capacity and 2.5 GW of cell capacity. The cumulative capacity of ReNew will be about 13 GW following the capacity addition.Read more
Foxconn to develop EVs for Mitsubishi
The vehicle will be developed by Foxtron, manufactured in Taiwan by Yulon Motor Co, and launched in the Oceania region (Australia and New Zealand) in the second half of 2026.Read more
ICT Mumbai unveils Centre for Energy Science and Technology
Drawing upon ICT’s strengths in research, innovation, and industry collaboration, the new centre is poised to become a national nucleus for excellence in advanced nuclear energy systems and workforce development.Read more
By 2032 India will have 123 million EVs on-road under NEV goal
By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more
GOI creates panel for new national manufacturing mission
Currently, manufacturing contributes about 16–17% to India’s GDP, and the new mission seeks to raise this share. Read more
Zoho halts $700 million chipmaking plan in latest setback for India
As part of its diversification, Zoho had planned to commit $400 million to build a semiconductor facility in Karnataka, southern India.Read more
Funding MSMEs During Economic Flux
Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of India’s economy, contributing 30 per cent to the nation's GDP and 45 per cent to its exports.Read more
Enlight Metals targets Rs 4 billion revenue in FY 2025-26
Operating with a mission to streamline and modernise the industrial metal supply chain, Enlight Metals is currently in the process of obtaining ISO certification. Read more
MIC Electronics awarded ISO 14001:2015 and ISO 45001:2018 certifications
The ISO 14001:2015 certification confirms MIC’s dedication to sustainable operations by integrating eco-friendly practices and resource efficiency into its daily activities. Meanwhile, the ISO 45001:2018 certification highlights MIC’s proactive approach to ensuring safe and healthy working environments across its facilities.Read more