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JBM Auto secures $100 million for electric bus expansion
JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more
Bain Capital to invest in auto component maker RSB Transmissions
Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more
Jupiter Wagons to invest Rs 25 billion for capacity expansion
The new plant will serve both domestic and international markets, with about 50% of its capacity dedicated to exports, primarily to its partner Tatravagonka A.S., a Slovakian rail infrastructure company, and other European clients.Read more
GPS Renewables partners with Steer Engineering to build bio-processor
The collaborative effort aims to enhance the efficiency of feed processing and overall output, presenting a robust solution for the BioCNG industry that is made in India. Read more
India targets Rs 10.6 trillion for green hydrogen and 135 GW of clean energy
Gujarat and Tamil Nadu will be crucial in this transition, contributing 43% and 24%, respectively, of the total renewable energy needed.Read more
Six additional Vande Bharat trains expected to be rolled out by month-end
The Vande Bharat trains have now become the fastest point-to-point services in the country, offering passenger amenities that rival those of airlines and setting new standards in rail travel.Read more
High freight costs and container dependence knock India's exports; GTRI
Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more
India urged to strengthen ties with Taiwan and Japan for semiconductor growth
Japan is contributing to the development of India's semiconductor sector by providing training to Indian workers, while Taiwan is investing in semiconductor clusters in Southeast Asia.Read more
Bio-E3 policy to ignite bio-revolution in India; Jitendra Singh
The policy will also drive the creation of biotech hubs across India, facilitating collaboration between startups and established companies and bridging the gap between research and commercial manufacturing.Read more
India braces for EV surge with new model launches
Currently, EV adoption in India is around 2%, but the government aims for a 30% penetration in the passenger car segment by 2030.Read more