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EaseMyTrip enters into electric bus manufacturing with YoloBus
The company plans to invest Rs 2 billion over the next 2-3 years in research and development, product development, and the establishment of a manufacturing plant.Read more
DAC approves Rs 1.45 trillion defence orders; to boost PSUs
In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more
ZETWERK gets ARAI certification for Made in India 60kW & 120kW DC fast chargers
ZETWERK is currently engaged in R&D to expand its product offerings and is currently working on next-generation Super DC Chargers with capacities of 240kW and 360kW.Read more
50% of Gen Z prefer solar solutions; Millennials follow at 46% and Gen X at 40%
28% of baby boomers (age 58-76) consider solar energy solutions inaccessible.Read more
Welspun approves $100 million investment to boost US pipe manufacturing
The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more
Indian Battery Manufacturers Association elects Preeti Bajaj as President
IBMA also elected Rajesh Jindal, President & Chief Marketing Officer, Amara Raja Energy & Mobility Ltd., as the new Vice President of IBMA. Read more
Elfonze Tech to hire 200+ new talents for Oracle Fusion Cloud and Engineering
Elfonze Technologies is also enhancing its capabilities to support Build-Operate-Transfer (BOT) models for companies looking to set up Global Capability Centers (GCCs) in Karnataka.Read more
Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI
The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more
Despite dip in value; UPI transaction volume hits record high in August
Unified Payment Interface (UPI) transactions reached a new peak in August, with a 3% increase in volume, totalling 14.96 billion transactions, up from 14.44 billion in July. This marks the highest transaction volume since UPI's launch in April 2016.Read more
India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement
This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more