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By 2032 India will have 123 million EVs on-road under NEV goal

By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more

EVRE opens EV charger manufacturing unit in Hyderabad

The facility is expected to generate over 50 local jobs and is equipped with automated testing benches for printed circuit boards (PCBs), components, and chargers. Read more

Enlight Metals targets Rs 4 billion revenue in FY 2025-26

Operating with a mission to streamline and modernise the industrial metal supply chain, Enlight Metals is currently in the process of obtaining ISO certification. Read more

Contractual workforce in tech GCCs see a 4.4% pay gap at entry-level: TeamLease

In Tier 1 cities, the overall gap is at a significant 20.3%. In Tier 1 cities, the situation is more pronounced, especially in BFSI GCCs, which face a 30.6% pay gap, and lifesciences & healthcare GCCs at 28.6%. Conversely, Tier 2 cities experience a remarkable reduction in these gaps, except for Tech GCCs, which still reflect a 23% disparity.Read more

Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

AWSi showcases office-on-wheel at Hannover Messe 2025

Recently, August-Wilhelm Scheer Institute (AWSi) collaborated with an Indian company to develop AI-driven tools to optimise insect farming operationsRead more

Bearings are Spinning India Forward: Sanskriti Ramachandran

Bearings may be small, but they play a critical role in keeping India’s industries running smoothly. With rising demand from sectors like automotive, infrastructure, and energy, the bearings market is expanding rapidly. Backed by government policies and local manufacturing, India is gaining strength, says Sanskriti Ramachandran.Read more

Numeros Motors and IIT Bhubaneswar to pioneer RE-free motor topologies

The collaboration is intended to support India’s clean mobility goals by reducing dependence on rare earth materials—key components in traditional EV motors—and by encouraging local innovation in EV manufacturing. Read more

Crompton receives solar water pump order from MEDA

This development comes at a time when India’s submersible water pump market is witnessing rapid growth, driven by increasing demand across agriculture, rural water supply, urban infrastructure, and industrial applications. Read more

Abb India’s Nelamangala campus achieves Mission to Zero™ status

ABB Nelamangala location, which delivers electrification motion, robotic and automation solutions for a variety of industries, is ABB’s second Mission to Zero™ site in India. Mission to Zero™ is part of ABB’s global sustainability journey to deliver net-zero emissions and more sustainable operations at all facilities.Read more

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