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Indian Wind Energy faces economic hurdles in repowering old turbines
Repowering turbines with higher-capacity machines is not economically viable due to the lack of incentives when compared to establishing new installations at fresh sites.Read more
Samsung receives Rs 500 cr incentives under PLI Scheme for increased production
The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more
Tamil Nadu unveils ambitious Startup Policy 2023
Chief Minister M K Stalin officially launched the policy, which boasts 50 key action points, at the Secretariat. The primary objective is to align with the state government's ambitious goal of achieving a $1 trillion economy by 2030.Read more
Alstom launches its brand campaign to celebrate rail as the beating heart of India’s economy
#TakingIndiaPlaces showcases Alstom’s contribution in driving India’s growth with transformative and sustainable mass-mobility solutions.Read more
VECV targets new export markets and EVs in India, celebrating 15 years
Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more
BPE inks 3 international collaborations to strengthen its Southeast Asian outreach
BPE recently entered separate collaborations with China-based Eternal Asia (S) Pte Ltd (EA), Vietnam-based IDC Group and the Philippines-based Business Partners Enterprise Inc (BPEIP).Read more
Honeywell’s digitalisation technologies to support American Battery Factory’s new gigafactory
Honeywell will provide the largest lithium iron phosphate battery gigafactory in the US with central controls and digital visualisation to increase operational efficiency, enhance safety and drive more energy-efficient production.Read more
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
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