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Indian toy industry exports reach $523.24 million; surpass imports
The next objective for Indian toy manufacturers is to reach international consumers more effectively through online platforms, according to government plans.Read more
IIT-Madras Research Park unveils 1MW indigenous battery storage system
This marks the first stationary storage system installed in a building in India.Read more
IIT Madras receives biggest donation of Rs 2.28 billion from Krishna Chivukula
In recognition of his generosity, IIT Madras has named a new academic block the Krishna Chivukula Block. Read more
IIT Delhi introduces certificate programme in HEV design
This 6-month programme is designed for engineers from mechanical, electrical, automotive, and allied areas seeking to establish a strong foundation in EV/HEV technology. Read more
DPIIT raises $1.4 billion in tyre investments from global players
The DPIIT has also urged other ministries to take similar steps to promote domestic manufacturing in sectors under their purview, as has been done with toys and tyres.Read more
AMD partners with IIT-B incubated SINE to develop energy-efficient SNN chips
Under the collaboration, Numelo Technologies was given the first grant for developing SNN chips using ultralow power quantum tunnelling on silicon on insulator (SOI) technology.Read more
China tightens rules for solar PV manufacturing
It increases the minimum capital ratio required for new construction and expansions in the photovoltaic sector to 30%, up from previous requirements of 30% for polysilicon projects and 20% for other PV manufacturing projects. Read more
Govt to extend easy visa rules to all companies in PLI sectors
The PLI scheme covers sectors such as mobile phones, drones, white goods, telecom, textiles, automobiles, and pharmaceutical drugs.Read more
Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Ansys & IIT Bombay’s SINE Collaborate to support tech startups
Ansys will provide an evaluation or trial license for three months to the startups associated with SINE and will support them for the same.Read more