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“Globally energy storage has become a keystone for maintaining grid stability.”
Financial incentives from the PLI scheme have enabled Serentica to adopt cost-efficient technologies, making its round-the-clock green power offerings more competitive and positioning the company as a leader in delivering reliable renewable energy solutions to commercial and industrial clients.Read more
US-India to establish world's first multi-chip fabrication unit in Jewar, UP
The move is projected to save the country approximately Rs 60 billion through import substitution.Read more
Rockwell Automation to establish new manufacturing facility in Chennai
Expected to open in the first half of 2025, the new facility is strategically chosen to create synergies with the CUBIC site, thereby increasing productivity and operational efficiency in the region. Read more
Igus OfficeChain: The perfect cable for height-adjustable desks
The development of the OfficeChain began in 2019 with discussions between igus USA and a renowned global office furniture manufacturer. The latter was looking for a strong and appealing solution for its height-adjustable desks. Read more
L&T to invest over $300 million to establish a fabless semiconductor company
Semiconductors have become crucial globally, particularly amid the US-China trade tensions, prompting electronics manufacturers to seek alternatives beyond China and Taiwan. Read more
Gensol Engineering to establish India’s first green hydrogen valley in Pune
The initiative will be in partnership with Matrix Gas & Renewables.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
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
AIIMS to establish medical device centre in collaboration with Osaka University
The AIIMS administration has now requested a budget of Rs 3 billion from the Union Health Ministry, with the land for the centre already finalised and the government providing in-principle approval.Read more
Centre unveils $15 billion blueprint to establish India as a major chip hub
As part of the new blueprint, the government plans to reduce the capital expenditure subsidy for assembly and testing plants (ATMP/OSAT) from the current 50% to 30% for conventional packaging technologies, and to 40% for advanced packaging technologies. Read more