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INDIA BATTERY INDUSTRY
NMDC in talks with Russia's Rosatom over lithium investments, sources sayIndian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's stra...
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed NorthamHead of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewabl...
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capitalIndia's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grid...
When wars and AI cast a shadow, India has pressed a power resetIndia’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil suppl...
India's three-wheeler market takes an electric turn, with one in two new sales now EVsElectric three-wheelers are increasingly popular in India, with sales significantly rising and concerns about fossil fuels decreasing. Mahi...
Government clears Rs 7,503 crore investments under ECMS in sixth trancheThe latest group of 12 applicants includes manufacturers of up- stream materials such as anode and cathode materials. Together, these compa...
OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investmentFrench auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates s...
India focused on becoming AI application capital of the world: Ashwini VaishnawIndia is on a mission to become the global hub for artificial intelligence applications while also enhancing its semiconductor industry. Wi...
India focused on becoming AI application capital of the world: Ashwini VaishnawIndia is striving to become the artificial intelligence application capital while also focusing on semiconductor manufacturing. The governm...
Centre proposing parity in mineral taxation, states' rights to remain intact: Union Mines SecretaryProposed amendments to the Mines and Minerals (Development and Regulation) Act are intended to create tax parity across states. This initia...
altM raises $10.3 million to scale production of specialty chemicals from agricultural wasteFounded in 2022 by former Tesla manufacturing executives Apoorv Garg and Yugal Raj Jain, altM develops specialty chemicals and biomaterials...
Investors commit nearly $400 billion to India's green energy sector, says Pralhad JoshiInvestors have shown significant interest in committing nearly $400 billion to India's green energy initiatives. Renewable energy minister ...
Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...
Indian battery component makers face up to 61% cost disadvantage against imports: ReportIndian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report...
Renewable energy key to India's energy security, German envoy Jasper Wieck saysGermany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambass...
India-EU FTA to simplify and reinforce corporate cooperation, says Swedish Ambassador Petra MenanderThe proposed India-European Union Free Trade Agreement (FTA) will simplify and reinforce bilateral corporate collaboration, said Sweden's A...
Tata Motors-Iveco will focus on building a global CV business: N ChandrasekaranTata Motors announced its acquisition of Iveco Group to enhance its global commercial vehicle operations. The $4.32 billion deal aims to im...
India's deeptech dream remains import dependent for critical componentsThe founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of...
JSW Greentech gets JSW Cement order to supply 100 Ampstar trucksJSW Greentech has secured an order for 100 AMPSTAR 4x2 electric tractor trucks to transport materials. The trucks will operate within a 330...