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GE Aerospace plans significant increase in component sourcing from India
Currently, approximately 1,300 GE Aerospace and CFM engines are operational within Indian carriers. Beyond commercial aviation, GE Aerospace’s defence systems are vital in India, powering platforms such as the Indian Air Force’s Light Combat Aircraft (Tejas Mk1) and various naval aircraft and battleships. Read more
GreenLine partners with Sterlite Copper to increase deployment of LNG vehicles
The partnership was initiated with the flag-off of LNG trucks at Vedanta's Sterlite Copper Plant in Silvassa.Read more
India’s window to curb its carbon emissions looks increasingly hard to achieve
Over $12 trillion in investment and spending is required for BNEF’s Net Zero Scenario, 34% more than the baseline Economic Transition Scenario. Read more
Jitendra EV adopts LECCS connector to increase accessibility to charging infra
With the adoption of LECCS, Jitendra EV’s JMT 1000 SW model will be utilising the fast-charging stations on AtherGrid. Read more
Rising automation increases need for testing and measurement equipment
In this interview, Manish Dixit, Sales Director – Instrumentation, ABB India, elaborates on factors contributing to the growth of T&M sector and the company's plans to tap opportunities in the sector.Read more
Siemens Limited announces 7% increase in revenue, 25% rise in PAT in Q3 FY 24
The new orders stood at Rs 62.45 billion, an increase of 18% over the same period last year. Read more
India's EV charging stations increased nine-fold: Forvis Mazars report
The total numbers of BEV charging stations have surged from 1,800 in February 2022 to 16,347 in March 2024.Read more
Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA
Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more
Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings
These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more
Indian economy grows in 24-25 as rural spending increases: RBI
Rural spending is outpacing urban segments, narrowing the rural-urban divide, as highlighted by the recent monthly per capita consumption expenditure (MPCE) survey of the NSSO. Read more