In Short : India is targeting domestic production of rare earth permanent magnets by year-end to reduce reliance on imports. The initiative aims to strengthen supply chain security for electric vehicles, renewable energy systems, and defense applications while supporting strategic mineral development and enhancing self-reliance in critical clean energy components. In Detail : India is […]
In Short : India is entering a digital turning point where virtual twins, artificial intelligence, and data-driven systems are transforming industrial operations. These technologies are enabling smarter decision-making, predictive maintenance, real-time optimization, and greater efficiency across sectors such as manufacturing, energy, infrastructure, and logistics, positioning India for a more competitive, resilient, and innovation-led industrial future. […]
In Short : Santosh Kumar Sarangi, Secretary of MNRE, emphasized that India’s renewable energy focus must evolve from mere capacity addition to strengthening grid infrastructure and domestic manufacturing. He highlighted that integrating renewables efficiently, scaling battery storage, and boosting local manufacturing are critical to sustaining growth, ensuring energy security, and supporting India’s long-term clean energy […]
In Short : Mayureshwar Solar Energy has inaugurated a 600 MW AI-enabled solar module manufacturing plant in Dhule, Maharashtra, marking a significant step in India’s clean energy manufacturing journey. The advanced facility enhances production efficiency, supports domestic supply chains, generates local employment, and strengthens India’s push toward self-reliance in renewable energy technologies. In Detail : […]
In Short : Premier Energies has commissioned a 400 MW solar cell manufacturing facility in Telangana, reinforcing India’s push toward deeper solar value-chain integration. The new plant enhances domestic cell availability, supports large-scale module production, reduces import dependence, and contributes to the development of a resilient, technology-driven renewable energy manufacturing ecosystem in the country. In […]
In Short : ABB has shipped its first wind power converter manufactured in India following the integration of Gamesa Electric into its operations. The milestone highlights ABB’s localisation strategy, strengthened manufacturing footprint, and commitment to supporting the global wind energy supply chain while leveraging India as a key production and export hub. In Detail : […]
In Short : Russia is increasingly focusing on non-energy joint ventures with India as part of a broader strategy to diversify economic engagement. By expanding cooperation in manufacturing, technology, pharmaceuticals, infrastructure, and critical minerals, both countries aim to reduce dependence on traditional energy ties and build resilient, long-term partnerships across high-growth industrial sectors. In Detail […]
In Short : A senior executive from Kushmanda Power has urged the government to reduce GST on lithium-ion batteries by 5 percent, stating that high taxation is slowing domestic manufacturing growth. The proposal highlights the need for tax parity, supportive regulations, and expanded incentives to strengthen India’s battery ecosystem, lower costs, reduce import dependence, and […]
In Short : The Andhra Pradesh Cabinet has described 2025 as a breakthrough year for the state, highlighting ₹13 lakh crore worth of investments alongside a strong push in welfare initiatives. The assessment reflects renewed economic momentum, rising investor confidence, infrastructure expansion, and sustained focus on social development across key sectors. in Detail : The […]
In Short : India’s Production-Linked Incentive (PLI) scheme for high-efficiency solar PV modules has created nearly 43,000 jobs across nine states, including over 11,000 direct jobs. With large manufacturing units coming online, the scheme is driving rapid expansion of domestic solar production capacity, reducing import dependence, and supporting India’s goal of building a strong, self-reliant […]