Manufacturing

EVs Must Hit 50% of Sales by 2030 to Meet 2070 Net Zero goal: Union Minister

The electric vehicles need to account for 50 percent of all vehicle sales by 2030 to keep the automotive industry aligned with the 2070 net zero emissions goal, as per Union Environment Minister Bhupender Yadav. Speaking at the 3rd International...

PLI Scheme Secures ₹3,516 Crore for AC & LED Production

With a total of 24 beneficiaries dedicating funding of Rs 3,516 crore in the third round, the PLI Scheme is poised to significantlyenhance the production of Components of ACs & LED Lights across India. In the third phase of the online submission...

Electronics Industry Awaits R&D Support in FY26 Budget

India's electronics and semiconductor sectors are anticipating several incentives from the upcoming FY26 Union budget, primarily aimed at boosting domestic value addition within a consistently growing industry, according to consultants...

Govt Explores R&D and Financial Support to Boost Premium EV Manufacturing

The government is assessing the potential for research and development (R&D) investments, in addition to financial support for establishing dedicated assembly lines for electric vehicles in current factories, to encourage car manufacturers under...

Bharat Biotech Invests ₹1,500 Cr to Build manufacturing plant in Odisha

Vaccine producer Bharat Biotech allocated Rs 1,500 crore to establish one of the largest vaccine manufacturing plants globally at the Odisha Biotech Park in Bhubaneswar. Bharat Biotech announced on Saturday that the facility, established through...

India and Singapore Unite in Advanced Manufacturing & Semiconductors

India and Singapore are collaborating in vital areas such as advanced manufacturing and semiconductors as their relations embark on a "new trajectory" of development, stated Singapore President Tharman Shanmugaratnam. During his five-day trip to...

Suzuki Aims to Position India as Global Hub for Small EV Production

Suzuki Motor Corporation (SMC) aims to establish India as a worldwide production center for electric vehicles, focusing on small EVs, by utilizing its strong manufacturing capabilities in the region. Toshihiro Suzuki, the representative director...

LG Energy and Panasonic Advance Manufacturing Facility Plans in India

LG Energy Solution and Panasonic Energy are intensifying their initiatives to fast-track plans for establishing manufacturing facilities in India. Reports suggest that LG Energy Solution (LGES), which supplies EV batteries to Tesla, General Motors...

Sugarcane Production Dips 14% in SSY25, Raising Market Concerns

Sugarcane production in the nation dropped by 14 percent in the sugar season year (SSY) 2025 relative to the previous year, potentially causing the estimates for SSY25 to be missed, says a report by Centrum. The report indicated that for this...

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