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Volvo to phase out diesel models by early 2024 in pursuit of electrification by 2030

Although a significant proportion of Volvo's European sales comprised diesel vehicles as recently as 2019, this figure dropped to a mere 8.9% of the company's sales in 2022.Read more

REC expands global footprint with Green Energy Projects

In an exclusive interview, Chairman and Managing Director Vivek Kumar Dewangan unveiled their sanctioned green hydrogen ammonia project in Oman and forthcoming ventures in Bhutan, Nepal, Bangladesh, and Sri Lanka.Read more

Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India

In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.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

The Battery Show India 2023 sparks India's $150 bn energy revolution

India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more

Indian industries concern over EU Carbon tax data demands

This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more

Global majors are shifting their R&D base to India

…says T V Mohan, Country Head and Managing Director - India, Andreas Maier Workholding Technology, the Indian subsidiary of the European-major, AMF. It provides over 5000 products in the field of the fields of clamping, hand tools and locks. He added that they are also looking to increase the quantum of local content in the future.Read more

Thermax’s facility in Sri City received Platinum rating from Cll – IGBC

Thermax, a leading conglomerate providing systems, products and services in the areas os waste heat recovery, waste to energy, green power and steam generation, air pollution abatement, process improvement chemicals, solar energy, water treatment and recycling. B C Mahesh, Executive Vice President and BU Head – Industrial Products, Thermax Limited, in this interview shares that the company has signed MoU with Australian green energy firm, Fortescue Future Industries (FFI) to explore green hydrogRead more

Alstom nurtures, grooms women from Coimbatore, to contribute to sustainable rail mobility at global level

Alstom has over 18 per cent women on the shopfloor at its world-class components manufacturing facility in Coimbatore working across various roles such as team leaders, CCN engineer, quality assurance etc.Read more

Vipul Organics Q-o-Q PAT up 42.06 % in Q1 FY24

Vipul Organics announces Q1 results for FY 2023-2024, Q-o-Q PAT up 42.06 per cent on standalone basis; up 76.49 per cent on consolidated basis.Read more

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