SK Hynix has placed an $8 billion order for EUV lithography machines from ASML, marking its largest disclosed purchase to date. The tools, to be delivered by 2027, will support advanced chip manufacturing and capacity ex...
Andhra Pradesh aims to become a $2.4 trillion economy by 2047, targeting a 15% CAGR under its ‘Swarna Andhra’ vision. The state is driving growth through 22 sectoral clusters across industries like steel, electronics...
Amid escalating West Asia tensions, India’s oil marketing companies (OMCs) are accelerating plans to expand LPG storage infrastructure to safeguard supply. With imports disrupted, firms are exploring new underground ca...
Larsen & Toubro is expanding its global energy transition strategy by scaling up electrolyser technology and targeting green hydrogen opportunities. Leveraging the China+1 supply chain shift, the company is positioning i...
The Government of India has expanded the Approved List of Models and Manufacturers (ALMM) to include solar ingots and wafers under a new List-III framework effective June 1, 2028. The move aims to boost domestic solar ma...
Wipro Limited has launched a new hub at Gujarat International Finance Tec-City (GIFT City) to accelerate AI-powered transformation in banking, financial services, and insurance (BFSI). The center will support digital ban...
Samsung Electronics has announced plans to invest over $73 billion (110 trillion won) in 2026 to strengthen its leadership in the AI-driven semiconductor industry. Samsung Electronics aims to expand its chip capabilities...
Semiconductor ecosystem companies have urged the government to introduce supportive incentives such as capital subsidies, tax rebates, and power cost reductions to accelerate growth and achieve the objectives of the Indi...
AsiaSat is preparing to challenge India’s restrictions on Chinese-linked satellite operators after regulatory authorities barred such services on security grounds. The company is reportedly exploring legal and commerci...
India is encouraging a shift toward piped natural gas (PNG) as LPG supply concerns rise due to global energy disruptions. The government aims to reduce dependence on imported LPG, improve energy security, and stabilize h...
Samtel has announced a ₹200 crore investment to expand into space technology and drone manufacturing. The move aims to diversify its portfolio beyond avionics into emerging aerospace and unmanned systems segments. The ...
The Government of India’s mandate under ALMM to use domestically produced solar ingots and wafers is expected to boost localisation in the solar sector. Effective from June 1, 2028, the policy will reduce import depend...
The Union Cabinet has approved the Small Hydro Power (SHP) Development Scheme for FY 2026–27 to 2030–31 with an outlay of ₹2,584.60 crore to support around 1,500 MW capacity. The initiative promotes decentralized r...
The Union Cabinet has approved the ₹33,660 crore BHAVYA scheme to develop 100 plug-and-play industrial parks across India by 2032. The initiative will integrate with PM GatiShakti for better connectivity and logistics....
VinFast has extended its free EV charging program in India until March 2029 for both new and existing customers. The initiative, available across its V-Green network, aims to boost EV adoption by reducing operating costs...
Naidupeta is emerging as a major industrial hub, driven by renewed activity in the APIIC SEZ. Backed by investments in solar, electronics, and manufacturing, projects like Premier Energies are boosting growth. The develo...
A parliamentary committee has urged Ministry of External Affairs to publish a comprehensive foreign policy roadmap outlining medium-term global objectives. The panel highlighted the absence of a formal strategy document ...
Ola Electric plans to raise up to ₹2,000 crore by selling a stake in its battery subsidiary Ola Cell Technologies. The move aims to strengthen its balance sheet and expand lithium-ion cell manufacturing capacity in Tam...
Carborundum Universal Limited has commenced commercial production of cutting and grinding wheels at its new Hosur facility, built with an investment of ₹83 crore. The plant doubles its annual capacity to over 90 millio...
Reliance Industries Limited has signed a $3 billion, 15-year agreement with Samsung C&T Corporation to supply green ammonia starting FY2029. The deal highlights India’s push in clean energy under the green hydrogen mis...
Tamil Nadu has launched its Circular Economy Investment Policy 2026 to promote recycling, reuse, and resource-efficient manufacturing. Targeting sectors like textiles, automobiles, electronics, and plastics, the policy o...
Tamil Nadu Industrial Development Corporation has approved ₹25 crore investments each in AgniKul Cosmos and Raptee Energy under its Startup Investment Policy 2025. The move aims to strengthen Tamil Nadu’s startup eco...
Global wind energy players are accelerating localisation in Tamil Nadu, driven by policy support, rising domestic demand, and global supply chain shifts. Companies like Vestas and Siemens Gamesa are expanding local manuf...
Gas supply disruptions linked to the West Asia conflict have severely impacted MSMEs, especially in Western India. Over 70% of units have reduced production by 50–60%, affecting order fulfillment before the financial y...
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