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Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing
The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more
Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports
As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more
Ministry targets July 2024 for certification of 85 Applicants in automotive PLI scheme
The Ministry of Heavy Industries (MHI) plans to initiate the disbursement of incentives under the scheme in the financial year 2025.Read more
BIS guidelines on parallel testing offer significant time savings for electronics compliance
The BIS, on January 9, made the pilot project on parallel testing a permanent provision, encompassing a total of 64 products under the Compulsory Registration Scheme (CRS).Read more
India raises concerns over data privacy in compliance with EU’s CBAM
The CBAM, the world's first system imposing carbon emission tariffs on various imported items, is set to be effective from 2026.Read more
Leibniz-Institut unveils smart nanocomposites for wearable electronics, vehicles, buildings
A recent paper in ACS Applied Nano Materials described how researches combined a thermoplastic polyurethane (TPU) with TUBALLTM graphene nanotubes to fabricate a nanocomposite material capable of harvesting electrical energy from sources of waste heat.Read more
Versuni India unveils manufacturing facility in Ahmedabad for Airfryers
While the company has not disclosed the exact investment figure, it has revealed that the initial capacity of the Ahmedabad plant includes manufacturing 500,000 air fryers and 200,000 garment steamers.Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore
The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more