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Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more
Indorama ventures to invest $150 mn in Indian PET Recycling Plants
Indorama Ventures Public Co Ltd, headquartered in Bangkok and primarily owned by Indian stakeholders, is embarking on a $150 million investment in three PET recycling facilities across India.Read more
India imposes anti-dumping duty on Chinese Steel amid Surging Imports
China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more
India pursues unified battery-swapping standards for Electric Vehicles
NITI Aayog, the government's public policy think tank, has urged the Ministry of Heavy Industries to convene a meeting involving industry stakeholders.Read more
Tata Steel launches fully automated Construction Service Centre in UP
The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more
Start-up Neuron Energy leads EV battery innovation with impressive growth
In 2023, 36 startups focused on EVs have secured over $480 million in investments.Read more
Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market
Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more
India's Semiconductor industry aims to create 1.2 million jobs
Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more
Indian Air Force successfully tested the Type V Heavy Drop System from a cargo aircraft
Type V Heavy Drop System designed & developed by DRDO is capable of carrying up to 20 Ton of cargo via parachute in inaccessible places.Read more
DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more