Jupiter to Launch Solar Cell Manufacturing Hub in Butibori – EQ
In Short : Jupiter is set to establish a solar cell manufacturing unit in Butibori, Maharashtra, marking a significant step in India’s renewable energy drive. The new facility aims to boost domestic production, reduce import reliance, and create local employment. With this investment, Jupiter strengthens its commitment to advancing solar technology and supporting India’s sustainable […]
VinFast Accelerates Global EV Expansion with Landmark Tamil Nadu Manufacturing Hub – EQ
In Short : VinFast has inaugurated a 400-acre electric vehicle (EV) plant in Thoothukudi, Tamil Nadu—its first manufacturing facility outside Vietnam. With an initial annual capacity of 50,000 units, the plant focuses on producing VF 6 and VF 7 SUVs. Backed by a \$500 million investment, the project is expected to create over 3,000 jobs and serve […]
SAEL Powers Ahead with ₹8,200 Crore Investment in High-Tech Solar Manufacturing Hub – EQ
In Short : SAEL Industries plans to invest ₹8,200 crore to build a 10 GW solar manufacturing facility in Greater Noida. The plant will include 5 GW of TOPCon solar cell production and 5 GW of module assembly. Construction will start in 2024, boosting SAEL’s total module capacity to 8.5 GW and supporting India’s drive […]
Will India Become A Manufacturing Hub For Electric Vehicles In Five Years?
India is a possible alternative to China Indian leaders have woken up to the need to bring supply chains closer to home The popularity of EVs is growing, and vendors are aware of this shift The world is in the middle of a pandemic, unlike any it has faced in generations. The repercussions of this […]
Auto industry gets an electric boost in FY20 Budget
Finance Minister Nirmala Sitharaman’s maiden Budget provides tax incentives and GST cuts for electric vehicles. ‘The future is electric,’ reiterates the Union Budget 2019-20. In her maiden Budget speech on Friday, Finance Minister Nirmala Sitharaman announced an income tax deduction of ₹1.5 lakh on loans for electric vehicles to incentivise their purchase. The loan is […]
