Karnataka IT minister Priyank Kharge told ET, “These are serious applications which we have come across because of their willingness to invest in Karnataka because of the ecosystem here.” Telangana expects to get approval from the Ministry of Electronics and Information Technology (MeitY) to three semiconductor investment proposals in the state, a senior official said.… Continue reading Telangana seeks MeitY nod for pending semiconductor projects
Author: Economic Times of India Online News
Hero acquires stake in Euler
Updated On Mar 21, 2025 at 08:33 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Hero MotoCorp is also an early investor and now a majority stakeholder in electric two-wheeler maker Ather Energy. The country’s largest two-wheeler maker Hero MotoCorp Thursday said it will make a strategic investment of Rs 525… Continue reading Hero acquires stake in Euler
India aims to slash logistics costs to single digits
Nitin Gadkari, Minister for Road Transport & Highways emphasised the nation’s commitment to reducing logistics costs from the current 14-16 per cent to single digits, positioning India to compete effectively with global economic powerhouses like China and the US, at 32nd Convergence India & 10th Smart Cities India Expo. This year’s expo features advancements in… Continue reading India aims to slash logistics costs to single digits
Rooftop solar projects installed on 1232 public buildings in Odisha: Minister tells assembly
Bhubaneswar: The Odisha government has installed rooftop solar projects with a total capacity of 17,705 kilowatt on 1,232 public buildings across the state, Deputy Chief Minister K V Singh Deo said in the state assembly on Wednesday. In a statement, Singh Deo said the Odisha Renewable Energy Development Agency (OREDA) has installed rooftop solar units… Continue reading Rooftop solar projects installed on 1232 public buildings in Odisha: Minister tells assembly
JSW Group said to set up 0.5 MT capacity copper smelter
JSW plans to feed its planned electric vehicle and battery manufacturing facilities with the copper produced at the smelter. India’s steel-to-power conglomerate JSW Group plans to set up a 500,000 metric ton capacity copper smelter in the eastern state of Odisha by 2028/29 with feedstock of copper concentrate from Peru and Chile, a source directly… Continue reading JSW Group said to set up 0.5 MT capacity copper smelter
Indian EV industry to witness over 150 GWh of li-ion battery cell capacity by 2030: ICRA
Li-ion battery pack prices have dropped significantly, with a 20 per cent year-on-year reduction in 2024, driven by an increase in supply. The Indian EV sector is on track for significant growth, with projections indicating that over 150 GWh of Li-ion battery cell capacity will be operational by 2030, according to a recent ICRA report.However,… Continue reading Indian EV industry to witness over 150 GWh of li-ion battery cell capacity by 2030: ICRA
India’s warehousing and logistics sector witnesses 203% investment surge in 2024
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
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