A TPG and Murugappa-backed consortium has completed the acquisition of Siemens Gamesa’s onshore wind business in India and Sri Lanka, rebranding it as Vayona Energy. With nearly 1,000 employees and over 12 GW of assets...
Indian engineering service providers are set to double their share of the global semiconductor outsourcing market by 2030, driven by soaring demand for AI, autonomous systems, and next-gen hardware. According to NEOVAY G...
India’s electronics and semiconductor landscape is widening as new states like Odisha, Madhya Pradesh, Jammu, and Goa emerge as attractive investment hubs. Major firms are setting up silicon carbide, PCB, and advanced ...
Global manufacturing is rapidly shifting from fixed, rigid assembly lines to software-defined, reconfigurable factories, says Cedrik Neike of Siemens Digital Industries. He emphasises that merely replicating traditional ...
L&T has urged the Centre to establish a long-term policy framework to accelerate India’s green hydrogen and ammonia production. The company highlighted the need for clear demand creation mechanisms, support for early e...
India is preparing to open its nuclear power sector to private companies and state governments through the upcoming Atomic Energy Bill 2025. A key focus will be tariff determination, as the government aims to bridge exis...
Praxair India plans a ₹210 crore investment in Karnataka to set up liquid oxygen and nitrogen production units over the next three years. Following an MoU with the state government, the project will receive priority su...
The Indian government plans to open the nuclear sector to private companies, aiming to boost energy security and technological leadership. Prime Minister Modi highlighted opportunities in small modular reactors, advanced...
India’s REIT sector has reached a market capitalization of ₹1 trillion and is projected to expand tenfold to ₹10.8 trillion by 2029, driven by office and retail assets in top cities. Strong net operating income (NO...
India and Indonesia agreed to deepen defence industrial cooperation, focusing on technology transfer, joint R&D, and supply-chain integration. Defence Ministers Rajnath Singh and Sjafrie Sjamsoeddin also discussed mariti...
Major Indian metal companies, including JSW Steel, Tata Steel, Hindalco, Jindal Stainless, and Vedanta, are investing heavily in green energy projects to cut power costs and protect profit margins amid import pressures. ...
Avaada Group plans to invest ₹1 lakh crore to expand its operations across renewable energy, green hydrogen, and related clean-tech sectors. The investment aims to scale up generation capacity, strengthen infrastruct...
Tesla plans to expand its presence in India by developing a robust electric vehicle (EV) ecosystem, aiming to boost long-term sales. The company intends to invest in charging infrastructure, service networks, and local p...
The Union Cabinet approved a ₹7,280 crore scheme to establish India’s first integrated rare earth permanent magnet (REPM) manufacturing supply chain, targeting 6,000 TPA capacity. With ₹6,450 crore in sales-l...
India is set to become a global hub for shipbuilding, ship repair, and maritime innovation within the next decade, Defence Minister Rajnath Singh said. Highlighting the country’s integrated shipbuilding ecosystem and s...
The Central Electricity Regulatory Commission (CERC) has proposed making power purchase agreements (PPAs) mandatory before granting transmission connectivity to renewable energy projects. This aims to address bottlenecks...
The Ministry of New and Renewable Energy (MNRE) has urged the Central Electricity Regulatory Commission (CERC) to defer stricter deviation rules for wind and solar producers, warning that higher penalties could deter sma...
Vikram Solar has commissioned a 5 GW advanced solar module manufacturing facility at Vallam, Tamil Nadu, raising its total capacity to 9.5 GW. Built on TOPCon technology with future-ready HJT upgrade capabilities, th...
The Indian government has approved a ₹7,300 crore scheme to boost domestic production of rare earth permanent magnets (REPMs), crucial for EVs, defence, aerospace, and electronics. Aiming to reduce dependence on China,...
The Centre’s new ₹1,500 crore Incentive Scheme for Critical Mineral Recycling has drawn strong interest, with many entities already registering on the application portal, according to the Ministry of Mines. The schem...
CPP Investments and IndoSpace’s joint venture, IndoSpace Core, has acquired six industrial and logistics parks across Bengaluru, Chennai, Delhi, Mumbai, and Pune for ₹3,000 crore, adding 9 msf of leasable space. ...
Tamil Nadu attracted ₹42,792 crore in new investments, increasing the total number of companies from 62,413 to 79,135 since the DMK came to power, Chief Minister M.K. Stalin said at the TN Rising conclave in Coimbato...
UK-based SCI Semiconductors has shown interest in setting up a Global Capability Centre (GCC) in Bengaluru to support local manufacturing of hardware-secured microprocessors for computer-security applications. Karnataka ...
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