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India's automotive industry aims for $1 trn export hub by 2035: Arthur D Little report
Barnik Chitran Maitra, the Managing Partner (India & South Asia) at Arthur D Little, highlighted India's capability to become a worldwide centre for automotive design, development, and production, catering to international markets.Read more
Goodluck Defence and Aerospace expands operations with Rs 96 cr investment
Although operational activities of the company established on August 31, 2023, are yet to commence, the company has already secured a substantial investment of Rs 40 crore from its parent company.Read more
L&T expands foothold in West Asia
As of June, L&T boasted an impressive order book of Rs 4.12 trillion. Notably, about 25% of this, amounting to Rs 1 trillion, originated from West Asia.Read more
Nextracker expands local solar tracker production in India
Nextracker announced that it has secured contracts for manufacturing capacity of 10 gigawatts (GW) annually in India.Read more
NITI Aayog member advocates adjustments in centre's PLI Scheme
Speaking at the National Conference on India's Industrial Transformation in New Delhi, NITI Aayog member and experienced economist, Arvind Virmani highlighted the scheme's effectiveness for industries like electronics and telecom, where China dominates ovRead more
India's private capex faces challenges amidst optimism
India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more
India unveils indigenous military hardware list, fosters innovation with self-reliance
Defence Minister Rajnath Singh revealed the details of this fifth positive indigenisation list at the 'Swavlamban 2.0' seminar hosted by the Indian Navy.Read more
Windenergy India 2023 highlights diversification, collaboration for sustainable future
The future lies in round the clock power through renewable energy. The solution lies in wind or solar energy equipment, says the Association's secretary general D V Giri.Read more
LOHUM, Log9 join forces for circular battery economy
This collaboration is geared towards ensuring transparency and accountability regarding the residual value of lithium-ion batteries.Read more
More than half of India?s vehicles will be electric by FY33, Axis Capital Research
A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more
