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IMPORTED ACC DEPENDENCY
Govt invites bids to set up 10 GWh grid-scale advanced chemistry cell manufacturingIn a bold move, the Ministry of Heavy Industries is inviting bids for extensive Advanced Chemistry Cell manufacturing facilities, with enti...
Born at IIT, this battery tech targets a market China doesn't dominate—yetOffgrid Energy Labs, whose battery technology was developed through R&D in India, is betting on zinc-bromine batteries for long-duration en...
Airtel to Trent: 44 cos likely to report double-digit profit slump in Q1. Are your stocks on the list?Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit...
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...
India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
Eco Survey 2026: PLI scheme drives double-digit export growth; telecom leads import substitutionIndia's Production-Linked Incentive scheme shows strong trade results. Since 2020, it has boosted manufacturing and exports in key sectors....
Explained: What merger of Ambuja Cements, ACC, Orient Cement means for Adani shareholdersAmbuja Cements’ board approved merger schemes to combine ACC and Orient Cement into Ambuja through share swaps, with no cash payout. ACC sh...
Ola Electric unit partners with Ministry of Heavy Industries for PLI ACC Scheme to up domestic EV battery productionOla Cell Technologies Private Limited has joined the Ministry of Heavy Industries to benefit from the Production Linked Incentive Advanced ...
Government plans incentives for battery component manufacturing to boost electric vehicle industryThe Indian government is considering incentives for battery component manufacturing to support the electric vehicle industry. The Ministry ...
No special policy for Tesla; can seek incentives under existing schemes: Govt official"We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome. Generally, th...
Amid incidents of e-vehicles catching fire, companies charged up about EV battery localisationMost EV cells in use in India are manufactured elsewhere in Asia, and undergo heading and temperature cycling tests after import. However, ...
Reliance, Ola, Hyundai, and Rajesh Exports win support for battery manufacturingHyundai and Ola Electric have been awarded support for setting up 20 Gigawatt Hour (GWh) of manufacturing capacity each. Reliance and Rajes...
Exide Ind to set up li-ion cell manufacturing plantIndia-based storage battery manufacturer Exide Industries will be setting up a greenfield multi-gigawatt lithium-ion cell manufacturing fac...
PLI scheme on battery production to make India major hub, cut China dependenceThe PLI will also cut import dependence on China and increase local value addition in mobiles, electronics, automobile (EV) and the solar i...
Govt approves Rs 18,100 crore incentive scheme for promoting battery storageThe scheme, National Programme on Advanced Chemistry Cell (ACC) Battery Storage, is expected to attract investment of Rs 45,000 crore, info...
Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturingWith the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expe...
PLI scheme for auto will enable India become a part of global value chain: IndustryThe Department of Heavy Industries (DHI), the implementing ministry for the plan, is expected to shortly detail the eligibility criteria to...
DRDO successfully test fires laser-guided anti-tank guided missileThe laser-guided anti-tank guided missile (ATGM) is likely to significantly enhance the firepower capability of the Indian Army particularl...
- India Inc passed the hard times in hibernation
ET Intelligence Group study shows firms cut down on investments to create fixed assets to conserve cash.
- Earnings of cement cos to remain under pressure
Earnings of cement companies may be under pressure over the next few quarters, as slowing demand coupled with increased supplies due to new...