Panasonic India launches Industrial IoT solutions for local manufacturers

Panasonic India‘s new move with Industrial IoT solutions will not only boost company sales but will also offer business to business solutions to further expand its base in the country.

Renewable Energy, Hydrogen in focus at Vibrant Gujarat Summit this time

The three-day VGGS 2022 at Gandhinagar that seeks to attract investment in the state across sectors is likely to focus on renewable energy.

Focusing on offering MSME loans Capri Global ties up with SBI

Capri Global, the co-lending agreement joined hands with SBI to offer secured loans between Rs 10 lakh to Rs 100 lakh to MSMEs in India.

COSMA joins IPMA Expo 2022 as a Co-organizer

COSMA, the premier association of Control Panel and Switchgear Manufacturers has extended its support to IPMA expo 2022 as a co-organizer.

FDI inflows into the country rose 62 per cent in last 7 years

FDI inflows into the country rose 62 per cent to USD 27 billion during April-July period of the current fiscal.

Unity Small Finance Bank of Centrum-BharatPe commences operations

RBI had issued a SFB license to the consortium of Centrum Financial Services Limited (Centrum), the small business lending arm of the Centrum Group, and Resilient Innovations Private Limited (BharatPe).

NTPC‘s new 80MW solar capacity at Jetsar starts commercial operations

After successful commissioning and due approvals, NTPC‘s first part capacity of 80 MW of 160 MW Jetsar Solar PV Project at Rajasthan, is declared on Commercial Operation from October 22, 2021

COSMA joined IPMA Expo 2022 as a Partnering Association

COSMA, the premier association of Control Panel and Switchgear Manufacturers has extended its support to IPMA expo 2022 as a Partnering Association.

Govt proposes amendments in EC Act to boost renewable energy consumption

The initiative to amend EC Act will be to enhance demand for renewable energy at the end-use sectors such as industry, buildings, transport etc.

Domestic steel demand and consumption increasing: Union minister

Union Steel Minister Ram Chandra Prasad Singh said that the domestic demand for steel is ’very good’ and its consumption is also increasing in the country.

Govt gets 5G wagon moving: Telecom forms committee to devise strategy

The department of telecommunications (DoT) has formed a committee to devise a strategy for commercialisation and monetisation of 5G and a domestically developed 5Gi technologies.

Centre approves MITRA Scheme for textile sector, 7 mega national textile parks in India

The PM-MITRA scheme, first announced in the Union Budget 2021, is designed to enable the textile industry become globally competitive. The scheme got Cabinet approval.

Govt extends foreign trade policy till March next year

The government has notified the extension of the Foreign Trade Policy 2015-20 by six months to March 31, 2022. Following the outbreak of Covid-19, the policy was first extended by a year to the end of March 2020 and then to September 30.

Govt extends Credit Guarantee Scheme for Subordinate Debt for 6 months

The Union Government of India has announced extension of Credit Guarantee Scheme for Subordinate Debt (CGSSD) till March 31, 2022

Centre agrees on 31 proposals for PLI scheme approving Rs.3,345 cr investment in telecom sector

Department of Telecom approved 31 proposals entailing an investment of Rs.3,345 crore in telecom sector over the next 4.5 years.

Govt calls for bids to install 1,000 MWh Battery Energy Storage System

To boost the country`s green energy, government of India has invited bids to install a 1,000 MWh Battery Energy Storage System (BESS) as a pilot project.

Power Consumption jumps by 17% to 59.36 BU in July 2021

Power consumption recorded in the first fortnight of July in 2019 was at 52.89 BU. This shows that the consumption has not only increased YOY but has also reached pre-pandemic level.

Export of engineering goods in India increases by 52.4% in June 2021

India`s engineering export that stood at $6.27 million in June 2019 and $5.84 million in June 2020 saw an increase to $8.90 million in June 2021.

NTPC opens online bids for EPC package of waste-to-energy facility in Varanasi

NTPC Vidyut Vyapar Nigam Ltd” the wholly-owned subsidiary of the power giant NTPC invites two-stage online bidding for the EPC (engineering-procurement-construction) package of waste-to-energy facility, located at Ramna, Varanasi.

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