In Short : The Finance Minister has announced a new Manufacturing Mission aimed at boosting India’s clean technology manufacturing sector. This initiative will focus on enhancing the production of renewable energy components, electric vehicles, batteries, and other green technologies. With financial incentives and policy support, the mission is expected to position India as a global […]
Clean tech next hypergrowth opportunity for Reliance, say brokerages
HSBC said RIL should benefit from the Performance Linked Incentive (PLI) schemes that the government is rolling out for PV manufacturing and advanced energy storage plants. Reliance Industries Ltd’s focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and […]
Venture Catalysts invests in solar panel cleaner Skilancer
Skilancer Solar Pvt. Ltd, a startup that provides robotic cleaning systems for solar panels of commercial parks and establishments, has raised an undisclosed sum from incubator and accelerator Venture Catalysts. IIM Lucknow-incubated Skilancer will use the funding it has raised to invest in design and technology upgrades, as well as geographical expansion and hiring talent, […]
