This transformative approach is expected to minimize air pollution, alleviate traffic congestion, and reduce carbon emissions by approximately 100,000 tonnes per annum. Union Coal, Mines and Parliamentary Affairs Minister Pralhad Joshi on Thrusday launched the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress with the patronage of the Ministry… Continue reading Union Minister Pralhad Joshi launches "Coal Logistics Plan and Policy"
Author: Economic Times of India Online News
SML Isuzu total sales up 6% to 1,010 units in February 2024
Cargo Vehicles saw a growth of 26% at 406 units compared to 322 units in February 2023. New Delhi: SML Isuzu reported an increase in total sales of 6% in February 2024 with 1010 units versus 953 units in the same month last year. Total sales comprise passenger vehicles (PV) and cargo vehicles. PV sales… Continue reading SML Isuzu total sales up 6% to 1,010 units in February 2024
L&T commissions India’s first indigenously built green hydrogen electrolyser in Gujarat
L&T Electrolysers Limited, an entity formed under L&T, specializes in the production of pressurized alkaline electrolysers, incorporating technology from McPhy Energy, France. New Delhi: Larsen & Toubro (L&T) has commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant located at the A M Naik Heavy Engineering Complex in Hazira, Gujarat. This step marks… Continue reading L&T commissions India’s first indigenously built green hydrogen electrolyser in Gujarat
IIOTM2024: Automation and human-centricity integral to factory of the future
Panel discussion on ‘Factory of the Future: Opportunities, Challenges and the Human Element.’ In the era of automation, humans remain an indispensable component of the manufacturing process. While automation systems can significantly improve efficiency and precision, they will continue to rely on human expertise for design, monitoring, maintenance, and decision-making. And while the concerns about… Continue reading IIOTM2024: Automation and human-centricity integral to factory of the future
Mobility platform IntrCity raises INR 37 crore in funding
The firm had last raised INR 100 crore in a funding round in February 2020, giving it a valuation of about INR 700 crore. Mobility platform IntrCity on Thursday said it has secured INR 37 crore from investors led by Mirabilis Investment Trust, part of the family office of Infosys co-founder K Dinesh. The funding… Continue reading Mobility platform IntrCity raises INR 37 crore in funding
Key infra sectors’ growth slows to 15-month low of 3.6% in January
However, crude oil, natural gas, and cement production recorded positive growth in January. New Delhi: The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6% in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday. The growth… Continue reading Key infra sectors’ growth slows to 15-month low of 3.6% in January
US says to investigate national security data risks from Chinese vehicles
Separately, the Biden administration is considering imposing new tariffs on Chinese-made vehicles and officials face new pressure to restrict Chinese electric vehicle imports from Mexico. The White House said on Thursday the United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns about… Continue reading US says to investigate national security data risks from Chinese vehicles
Lower auto prices are finally giving Americans a break after years of inflationary increases
Behind the price slowdown is a vastly expanded number of vehicles on dealer lots after years of severe shortages. Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of… Continue reading Lower auto prices are finally giving Americans a break after years of inflationary increases
Automakers question feasibility of California 2035 EV sales mandate plan
California’s rules require by 2035 that 80% of all new vehicles sold in the state be electric and no more than 20% plug-in hybrid electric. Major automakers said on Wednesday that a California plan to end the sale of gasoline-only vehicles by 2035 might be unworkable in 11 other states that adopted it, citing insufficient… Continue reading Automakers question feasibility of California 2035 EV sales mandate plan
Cabinet approves royalty rates for 12 critical minerals
According to an official statement issued after the meeting, this completes the exercise of the rationalisation of royalty rates for all 24 critical and strategic minerals. New Delhi: The Union Cabinet on Thursday approved the royalty rates for 12 critical and strategic minerals – beryllium, cadmium, cobalt, gallium, indium, rhenium, selenium, tantalum, tellurium, titanium, tungsten,… Continue reading Cabinet approves royalty rates for 12 critical minerals