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Suzlon secures a repeat order of 193.2 MW from The KP Group in Gujarat

This will be part of Wind-Solar Hybrid and STU's (State Transmission Utility) tariff based project for increasing Renewable Energy contribution in the state.Read more

WIML, BEEAH Group to jointly manufacture EV and promote sustainable environmental practices

The partnership aims to revolutionise the electric vehicle landscape in GCC countries and African Nations.Read more

Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders

Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more

PM-ebus Seva: Ambitious Plan to Boost E-Bus Adoption despite challenges

The Crisil Ratings report emphasises the government's commitment to overall decarbonisation, with a primary emphasis on public transport as a key facilitator.Read more

IMF projects 6.3% growth for India despite inflation challenges

Contrary to the Reserve Bank of India's (RBI) forecast of 7%, the IMF's growth projection for the ongoing financial year, concluding on March 31, 2024, is slightly lower.Read more

Aequs expands into ODM with Marvel Toy Collection, overcoming India's Toy Market challenges

Under the terms of this agreement, Aequs will produce a series of 36 pullback cars, each featuring popular Marvel characters.Read more

India's 2023 exports decline 5.3%, electronics shines amid challenges

According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon

Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more

LOHUM partners UAE Ministry for First EV Battery Recycling Plant

The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more

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