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FAME -II to focus on consumer aid than direct incentives to EV manufacturers

Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more

Indian to unveil first hydrogen train by year-end

The government plans to release 50 hydrogen trains by 2047.Read more

Imports of medical device surged in India in fy23-34 to Rs 688.85 billion

This marks a 13% increase, with disposables accounting for nearly 17.6% of the growth.Read more

Airbus chooses eight sites to build final assembly line in India

Currently, the Airbus H125 helicopter is manufactured in France, the US, and Brazil, with a combined capacity of nearly 220 units. Read more

SIDBI to create $1 billion green financing fund with $215 million aid from GCF

The GCF, an entity established by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and a $15.6 million grant for capacity building to support SIDBI’s initiative.Read more

Godrej and Boyce to expand in Chennai with Rs 3.5-4 bn manufacturing facility

The 27-acre Ambattur plant currently has a capacity of 90,000 tonnes per annum and has reached up to 66,000 tonnes during peak times.Read more

CG Power acquires majority stake in GG Tronics for Rs 3.19 billion

The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more

Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion

This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more

Role of smart sensors in monitoring air quality in industrial environments

Maintaining air quality within industry premises and surrounding areas is becoming increasingly important today. Smart sensors can be an effective tool to improve air quality, says Emily Newton.Read more

Taplow Group S.A. hosts talk on ‘Unlocking the power of AI in manufacturing’

The event highlighted the role of leadership in AI adoption, emphasising a top-down commitment combined with bottom-up innovation is vital to foster a culture of continuous learning and advancement. Read more

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