Premier Energies has commissioned a 5.6 GW solar module manufacturing facility in Telangana, boosting India’s domestic renewable energy capacity. Equipped with advanced TOPCon technology and automated production lines,...
India’s Ministry of Electronics and IT has approved 29 proposals under the Electronic Component Manufacturing Scheme (ECMS) with an investment of ₹7,104 crore. Major players like Foxconn, TDK subsidiaries, Dixon, Syr...
Nxtra Data, backed by Bharti Airtel, is set to raise $1 billion from investors including Alpha Wave Global, Carlyle Group, and Anchorage Capital Group. The funding reflects rising demand for data centres and will support...
Prologis executive Vineet Sekhsaria says India is benefiting from the “China plus one” strategy as global companies diversify supply chains. Manufacturing hubs like Chennai are witnessing rising demand for modern log...
Tube Investments of India will invest ₹250 crore in its EV arm TI Clean Mobility Private Limited through Compulsorily Convertible Preference Shares (CCPS). The funding will support expansion of electric mobility operat...
Vembu Technologies plans to invest around ₹100 crore over the next 3–5 years to expand its presence in India. Driven by rising data centre growth, the company will strengthen sales, partnerships, and marketing. Its f...
Ashwini Vaishnaw has warned electronics firms over missed targets under the ECMS, setting a 15-day deadline to submit compliance roadmaps. He emphasized design-led manufacturing and Six Sigma standards, cautioning that f...
H. D. Kumaraswamy emphasized that India’s electric vehicle (EV) transition must be inclusive and economically sustainable. He highlighted the need for balanced policies supporting affordability, infrastructure developm...
India’s industrial growth, measured by the Index of Industrial Production (IIP), rose to 5.2% in February 2026, up from 4.8% in January. The improvement was driven by stronger manufacturing performance, signaling stead...
France-based AI startup Mistral AI has raised $830 million in debt to expand its AI data centre infrastructure. This marks its first major debt financing, signaling strong investor confidence in Europe’s AI ecosystem. ...
Cochin Shipyard Ltd (CSL) and HBL Engineering Ltd have formed a joint venture to develop and commercialise electric mobility and energy storage solutions for the maritime sector. The collaboration will focus on advanced ...
Karnataka secured ₹51,469 crore in investments from 48 companies at the Invest Karnataka Summit 2026, aiming to create around 70,000 jobs across aerospace, automotive, biotech, and manufacturing sectors. Industries Min...
Exide Industries has invested an additional ₹450 crore in its EV battery subsidiary, Exide Energy Solutions, bringing total commitment to ₹4,802 crore as its Bengaluru lithium-ion gigafactory nears commissioning. The...
Danfoss India, part of the Danish engineering group, plans to invest ₹1,500 crore over five years to boost production of compressors and battery energy storage systems. The move targets rising data centre cooling deman...
India’s Global Capability Centres (GCCs) are increasingly partnering with external firms instead of building operations independently, marking a significant shift in strategy. Nearly 90% of new GCCs now adopt this mode...
The ongoing West Asia conflict is increasing the real cost of India’s semiconductor ambitions, driven by rising crude-linked expenses and supply chain disruptions. Outsourced semiconductor assembly and testing operatio...
Chennai-based Sundaram Clayton has agreed to sell 16.381 acres of land at Korattur to Canopy Living LLP, a joint venture of Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd, for ₹561 crore. An advanc...
CareEdge Ratings projects India’s data centre capacity to grow fourfold to 4 GW by FY30, driven by rising digitisation, AI adoption, and cost competitiveness. Capacity has already doubled to 1.2 GW between FY22–FY25,...
Clean Max plans to invest ₹7,000 crore to expand its solar and wind capacity by 1.5 GW by FY27, nearly doubling its footprint. Backed by a recent ₹3,100 crore IPO, the company aims to scale operations across multiple...
LG Electronics India has signed 25-year solar power purchase agreements to supply renewable energy to its Pune and Greater Noida manufacturing plants. Partnering with Hinduja Renewables and Sunsure Energy, the projects w...
SK Hynix has placed an $8 billion order for EUV lithography machines from ASML, marking its largest disclosed purchase to date. The tools, to be delivered by 2027, will support advanced chip manufacturing and capacity ex...
Andhra Pradesh aims to become a $2.4 trillion economy by 2047, targeting a 15% CAGR under its ‘Swarna Andhra’ vision. The state is driving growth through 22 sectoral clusters across industries like steel, electronics...
Amid escalating West Asia tensions, India’s oil marketing companies (OMCs) are accelerating plans to expand LPG storage infrastructure to safeguard supply. With imports disrupted, firms are exploring new underground ca...
Larsen & Toubro is expanding its global energy transition strategy by scaling up electrolyser technology and targeting green hydrogen opportunities. Leveraging the China+1 supply chain shift, the company is positioning i...
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