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India’s ACC battery sector to attract $9 billion investment in 5 years
To support this growth, the IESA has advocated for policy parity between ACC-PLI (Production Linked Incentive) bid winners and non-PLI firms regarding business visas for foreign experts involved in setting up ACC manufacturing facilities in India.Read more
India's first silicon carbide manufacturing facility to be established in Odisha
The project, expected to generate over 500 jobs across research, development, and factory operations, will boost Odisha's industrial growth and position it as a key player in the global power electronics market.Read more
John Cockerill and Greenko to invest Rs 28 billion in electrolyser facility
Michel stated the plant will have an annual capacity of producing 2 gigawatts of electrolysers, which are essential for producing green hydrogen by splitting water into oxygen and hydrogen using renewable energy.Read more
Goyal urges auto component makers to seek investment from EFTA countries
The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more
Apple supplier Jabil to invest Rs 20 billion in Trichy manufacturing plant
With Jabil's investment, Tamil Nadu now hosts all major Apple suppliers, including Foxconn, Pegatron, Tata Electronics, and Jabil, positioning the state as a key hub for electronics manufacturing.Read more
India's auto comp industry to triple to $200 billion by 2030
By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more
GTRI warns of India becoming an 'EV colony' for China
GTRI urged the government not to rush into providing significant incentives, warning that doing so could increase India's reliance on Chinese imports. Read more
Pritika Group targets Rs 9.5 billion in 3 years with Rs 6.5 billion order book
The company also reported a consolidated EBITDA of Rs 541 million, reflecting its operational efficiency.Read more
New safety regulations for machinery to impact MSMEs; GTRI
The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more
DEP and Hexagon to expand distribution of CAE platform, DEP MeshWorks in India
MeshWorks is distinguished by its advanced capabilities such as highly efficient CAE meshing & model assembly tools that cut down model build time drastically, morphing & parametric CAE technology for fast design iterations & optimisation, concept CAE modelling with zero CAD, process automation that provides 2X to 5X CAE workflow time reduction and much more. Read more