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Incentives to be offered to steelmakers for using domestic coking coal
The coal ministry said on 13 March that monetization of the Dugda Coal Washery will be held through a transparent competitive auction process and will be awarded to a steel manufacturerRead more
Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking
The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations and corporate campusesRead more
BMW and German automakers express concerns over EV Policy favouring new entrants
The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hubRead more
Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more
Indian Warehousing developers rush for land amid shift from China
Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more
nasscom CoE teams up with Capgemini for Smart Manufacturing in India
The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more
RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects
The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more
Government approves new EV policy to attract big investment in manufacturing
As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more
Female Apprenticeship surges 20X, driving diversity in manufacturing & services
This surge in female apprenticeship enrollment not only reflects the growing momentum towards gender equality but also signifies a paradigm shift in the roles women are undertakingRead more
JLL expects manufacturing space leasing to reach 16 million sq ft by 2024
According to JLL the total leasing of manufacturing space has increased 4.5 times, from 3.2 million sq. ft in 2020 to 13.8 million sq. ft in 2023Read more