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GOI to implement equal 5% GST on all aircraft and engine parts to boost industry
The uniform tax rate is expected to reduce operational costs, resolve tax credit issues, and attract investment in the MRO sector.Read more
China tightens rules for solar PV manufacturing
It increases the minimum capital ratio required for new construction and expansions in the photovoltaic sector to 30%, up from previous requirements of 30% for polysilicon projects and 20% for other PV manufacturing projects. Read more
EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
May-24 IIP received manufacturing boost to 5.91%
The trends in mining, manufacturing, and electricity have fluctuated over the past few months. Read more
TRSL to exploit export market amidst China Plus One; expand global reach
A team from Titagarh has been exploring business opportunities in South and Southeast Asia, West Asia, Africa, the US, and South America.Read more
Ashok Leyland wins contract for 2104 fully built buses from MSRTC
Maharashtra State Road Transport Corporation (MSRTC) is one of the largest state transport undertakings in the country with over 15,000 buses.Read more
KPIL awarded Rs 29.95 billion orders for T&D, B&F & water business
The company is currently executing projects in over 30 countries and has a global footprint in more than 70 countries. Read more
Vedanta Aluminium expands to 66 units of e-forklifts; India’s largest fleet
The introduction of electric lithium-ion forklifts helps mitigate the company’s carbon footprint significantly.Read more
Zebra Technologies display solutions at India Warehousing Show 2024
Zebra also showcased other key warehousing solutions, including the FXR90 ultra-rugged fixed RFID readers and ZS300 electronic sensors. Read more
India to boost funding for energy efficient technologies for MSMEs
Some of these technologies could include automation and control systems for optimal resource utilisation and loss reduction, combustion control systems for boilers, pocket ventilation systems, air-dyeing technology, and methane capture technology, among others. Read more