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Bounce Infinity and Zapp EV join hands for EV contract manufacturing

The collaboration aims to enhance the assembly and distribution of Zapp's i300 electric urban motorcycle in India. Read more

EV industry wants incentives and tax rationalisation from budget

India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more

Ashok Leyland wins contract for 2104 fully built buses from MSRTC

Maharashtra State Road Transport Corporation (MSRTC) is one of the largest state transport undertakings in the country with over 15,000 buses.Read more

ABB India funds educational programs in 148 Karnataka government schools

These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more

EV startup River to open Rs 10 billion manufacturing facility in Telangana

The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more

MSMEs urged to leverage opportunities to grow into larger enterprises; IT Secretary

Benefiting from the AI revolution and improving productivity may also involve retrofitting existing manufacturing facilities.Read more

Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India

Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more

Decarbonising seven key MSME sectors could save Rs 370 million yearly

The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more

Welspun One raises Rs 22.75 billion to develop warehousing properties

The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more

TI Clean Mobility to launch new EVs despite financial losses

TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounting to Rs 980 million. Read more

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