Mumbai reported the highest absorption of 18.6 million sq ft in 2024 as it grew by 82 per cent compared to the previous year. The Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total institutional investment garnered in the real estate sector last year,… Continue reading India’s warehousing and logistics sector witnesses 203% investment surge in 2024
Author: Economic Times of India Online News
India to shift focus from energy to AI, IoT, semiconductors: Piyush Goyal
India is shifting its focus from energy to cutting-edge technologies like Artificial Intelligence (AI), Internet of Things (IoT), Quantum Computing, and semiconductors. Speaking at the India-Qatar Business Forum, organised by the Confederation of Indian Industry (CII) Union Commerce and Industry Minister Piyush Goyal on Tuesday emphasised India’s transition from traditional energy-based trade to new-age technologies.… Continue reading India to shift focus from energy to AI, IoT, semiconductors: Piyush Goyal
PLI, FAME schemes driving India’s EV and heavy electrical equipment growth: Minister
Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, chaired the Parliamentary Consultative Committee meeting of the Ministry of Heavy Industries on March 19, 2025, focusing on the manufacturing of heavy electrical equipment and the promotion of electric vehicles. The meeting was attended by Union Minister of State for Heavy Industries & Steel, Bhupathiraju Srinivasa… Continue reading PLI, FAME schemes driving India’s EV and heavy electrical equipment growth: Minister
India proposes 12% safeguard duty on steel imports, stocks surge
The proposal came following an investigation on a complaint from Indian Steel Association into the sudden surge in imports of non-alloy and alloy steel flat products. The Directorate General of Trade Remedies (DGTR) has recommended imposition of a 12% provisional safeguard duty on certain steel products for 200 days to protect domestic players from a… Continue reading India proposes 12% safeguard duty on steel imports, stocks surge
Bill to hike motor vehicles tax tabled in Maharashtra assembly
The amendment also includes a one-time 7 % tax levy on vehicles used for the carriage of goods or materials up to 7,500 kg. A bill to amend the Maharashtra Motor Vehicles Act 1958 was tabled in the assembly on Wednesday with the aim of increasing vehicle tax and potentially generating additional revenue. The Maharashtra… Continue reading Bill to hike motor vehicles tax tabled in Maharashtra assembly
Exponent Energy to unveil 1.5MW rapid charging technology for EVs this year
Exponent Energy’s 1MW charging solution debuted alongside the Veera Mahasamrat electric bus launch in August 2024. After launching India’s first 1 MW rapid charging technology for electric buses in August last year, Exponent Energy now plans to launch the world’s first 1.5MW system for electric vehicles (EVs) later this year, following BYD’s similar technology launch… Continue reading Exponent Energy to unveil 1.5MW rapid charging technology for EVs this year
Gridlock at MahaKumbh 2025: Lessons from the world’s largest traffic jam
The need for organised parking solutions has thrown into relief an emerging requirement for intelligent traffic and mobility management for such large-scale mass events. The Mahakumbh, the world’s largest religious event, is a celebration of belief, piety, and sheer human scale. Conducted once every 144 years, the Mahakumbh in Prayagraj, Uttar Pradesh, brings millions of… Continue reading Gridlock at MahaKumbh 2025: Lessons from the world’s largest traffic jam
India follows Trump to fight global steel glut with tariffs
India is about to join the worldwide wave of steel protectionism, outlining plans for sweeping trade tariffs just a week after President Donald Trump slapped duties on all US imports. The global steel market is facing upheaval as multiple nations put up defences to fight a flood of metal, particularly from billion-ton producer China. India’s… Continue reading India follows Trump to fight global steel glut with tariffs
India-made electrolysers shipped for Kandla Port’s green hydrogen plant
Union Minister Sarbananda Sonowal initiated the dispatch of India-made electrolysers for a green hydrogen plant at Kandla Port on Tuesday. According to ANI, the 1 MW plant, slated for completion by July 2025, will initially produce 18 kg of green hydrogen per hour, eventually scaling up to a 10 MW capacity. The project aims to… Continue reading India-made electrolysers shipped for Kandla Port’s green hydrogen plant
Mahindra WE Hunnar initiative empowers women entrepreneurs in electric mobility
MLMML also facilitated the licensing process and, in collaboration with financial institutions, extended loan opportunities to help these women. Mahindra Last Mile Mobility Limited (MLMML), started the Mahindra WE (Women Entrepreneurs) Hunnar initiative in July 2024 as part of its commitment to empowering women in the mobility sector. As part of this initiative, MLMML has… Continue reading Mahindra WE Hunnar initiative empowers women entrepreneurs in electric mobility