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India surpasses 1 mn EV sales in just 9 months, driven by growth factors
According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more
Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles
Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more
Indian govt mulls wearable production incentives to boost local manufacturing
The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more
TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility
The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more
Bengal delegation explores investment opportunities in Spain with PCM Group
PCM Group of Industries expressed its interest in establishing a hotel and two manufacturing plants in the state of West Bengal. Read more
CDIL eyes Semiconductor Fab in India amid expansion plans
Continental Device India is concentrating on its local ATMP business, planning to expand its current production capacity of 500 million units by an additional 100 million units.Read more
Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India
In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.Read more
Global coalition calls for tripling renewable energy by 2030
The alliance of organisations, which includes Adani, American Greenpower, Ember, and the Energy Transition Commission, emphasised that achieving this target represents the swiftest and most cost-effective approach to decarbonise the global economy.Read more
Indian Ministry focuses on empowering MSMEs through skill development
This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more
Ashok Leyland to set up electric bus plant in Uttar Pradesh
The MoU was officially signed by Manoj Kumar Singh on behalf of the government and Shenu Agarwal, the managing director and CEO of Ashok Leyland.Read more