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Sunkind to establish 1.5 GW solar module manufacturing plant by April 2025

The project is expected to generate employment for over 500 people, aligning with the goals of ‘Viksit Rajasthan’ and ‘Viksit Bharat’ by 2047.Read more

SUV sales grew by 11% YoY for April- July 2024; New Auto

Hatchbacks, despite consistently accounting for 22% of annual traffic, have seen a decline in sales, indicating that while they remain popular in consumer searches, the conversion to actual sales is less efficient compared to the SUV segment.Read more

Dighi Industrial Smart City to shoot Maharashtra towards $1 trillion economy

Located 55 km east of Dighi port, the proposed city will span 6,056 acres and involve an investment of Rs 54.69 billion. Read more

RIL electrolyser giga factory to be operational by 2026

Electrolysers are essential for green hydrogen production, as they use electricity to split water into hydrogen and oxygen.Read more

India to surpass China in new energy sector

Projections from NITI Aayog suggest that by 2030, India's green ammonia production costs could be approximately 29% lower than China’s and 43% lower than Australia’s. Read more

India's automotive sector can help reach the $1 trillion export goal

As of FY 2023, India leads globally in manufacturing three-wheelers and tractors, ranks second in two-wheelers and buses, and third in passenger vehicles and heavy-duty trucks. Read more

CDSCO mandates GMP compliance for sterile equipment manufacturers

This move marks a significant shift, as GMP compliance was previously required only for drug manufacturers.Read more

Reliance Industries to launch its first solar giga-factory in FY25

The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more

L&T targets order pipeline of Rs 9 trillion for FY24-25; CFO

There are infrastructure project opportunities worth $60 billion in the Middle East, with L&T targeting to secure 5-10% of these projects.Read more

Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus

Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more

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