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M&M bets on SUV growth, EV expansion and global aerospace orders to drive earningsMahindra & Mahindra has unveiled impressive revenue and profit figures, driven largely by the rising popularity of SUVs and electric vehicl...
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...
Auto sales to maintain momentum, driven by GST relief, EVs : SIAMThe Indian automotive industry is expected to sustain growth momentum in the second half of the fiscal year. Key factors include improved a...
Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost EV adoptionNitin Gadkari recommended varying electricity rates for electric vehicle charging to enhance usage in Maharashtra. He indicated that costs ...
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...
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...
- Karnataka risks losing auto, EV testing centres as Mandya politics stalls project
Karnataka risks losing proposed automobile and electric vehicle testing centres in Mandya due to political tensions. HD Kumaraswamy advocat...
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...
Ford’s new $30,000 EV truck can power a home during an outage without an external inverter, potentially making backup electricity cheaperFord's upcoming Fathom electric truck is set to provide home backup power during outages. The truck features integrated bidirectional charg...
India considers measures to boost local production of 100 critical inputs to cut import reliance, government official saysIndia is taking steps to encourage the local manufacturing of 100 key items that are currently imported. This initiative aims to decrease d...
China's industrial profit growth picks up amid two-speed economyChina’s industrial profits rose 14.4% year-on-year in September, accelerating from 4.2% growth in August, according to the National Bureau ...