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India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Unicorn Ola Electric develops solid-state battery
Ola Electric plans to supply these cells to other electric vehicle manufacturers and renewable energy firms. Read more
EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more
Altair inks pact to buy Metrics Design Automation Inc.
The DSim, combined with Altair’s silicon debug tools, will deliver superior simulation and debug capabilities in the EDA and semiconductor space.Read more
Nicholas Cumins appointed CEO of Bentley Systems
Cumins is the first CEO in the company’s 40-year history who is not a Bentley family member, marking a significant milestone in the company’s development. Read more
Yamaha Motor celebrates 69 years excellence
Yamaha Motor with its Blue Streaks riding community will collaborate with the NGO - SMILE Foundation for a heartening initiative to support the underprivileged children. Read more
Mahindra Group appoints Ankit Todi as Chief Sustainability Officer
Prior to joining Mahindra, Ankit spent seven years in management consulting at Bain & Company.Read more
India needs to tackle Chinese and other steel imports; Ranjan Dhar, AMNS India
India is already a net importer of steel for FY24 and two months into FY25, with exports continuing to decrease in the face of rising Chinese imports.Read more
Interest subsidy scheme for exporters extended 2 months for MSME sector
The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more
Indian Army unveils first chip-based, made-in-India 4G base station by Signaltron
The majority of the base stations deployed in India are not made in India.Read more