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India to receive critical mineral access with Australian FTA; lower emissions
Like Australia, India has signed a trade pact with the four-nation European Free Trade Association (EFTA) and Norway is a key member of that grouping.Read more
India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Temico Motor to make powertrains for Indian EV manufacturers
It is expected to start mass production after gaining certification from the Bureau of Indian Standards next month.Read more
Unicorn Ola Electric develops solid-state battery
Ola Electric plans to supply these cells to other electric vehicle manufacturers and renewable energy firms. Read more
EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more
IISER Tirupati develops hydrogen generation method from methanol & formaldehyde
The rapid depletion of fossil fuels has spurred the search for alternative energy sources, highlighting the need for sustainable and renewable resources.Read more
Indonesia to levy 100-200% duties on clothing & ceramics; protect domestic trade
Indonesia mainly imports apparel and clothing accessories from China, Vietnam and Bangladesh.Read more
Railways to revise Rs 310 billion wagon procurement plan after MI contract fail
The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more
43% Indian MSMEs to increase digitalisation budget
Vi has launched an enhanced Digital Assessment Tool, both in English and Hindi as an extension of its dedicated MSME program.Read more
Manufacturing Agenda for Modi 3.0
As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more