Bucephalus Industrial News

Reliance pauses lithium-ion cell manufacturing plans amid China tech curbs, says ..

Nano GCCs are now growing twice as fast as India’s overall GCC market

Nano and micro–Global Capability Centers (GCCs) in India are growing at 15–20% annually, outpacing the broader GCC market’s 8–10% growth. Companies are shifting from large centers to compact, specialist teams of ...

Government finalising RFP for inviting bids under Rare Earth Magnet Scheme: H D Kumaraswamy

The government is in the final stages of preparing a Request for Proposal (RFP) to invite bids under the Rare Earth Magnet Scheme, Union Minister H D Kumaraswamy said. The initiative aims to boost domestic manufacturing ...

Websol to invest ₹3,538 crore in 8 GW integrated solar manufacturing complex at Naidupeta, AP

Websol Energy System will invest ₹3,538 crore to establish an 8 GW integrated solar manufacturing facility at Naidupeta, Andhra Pradesh. Spread across 120 acres, the project includes 4 GW solar cells and 4 GW solar mod...

Maruti Suzuki Board approves ₹4,960 cr land acquisition for new plant in Gujarat

Maruti Suzuki India’s board has approved a ₹4,960 crore investment to acquire land at Khoraj Industrial Estate, Gujarat, for expanding manufacturing capacity by up to one million vehicles annually. The expansion will...

Uniper and AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India

Uniper and AM Green Ammonia have signed a long-term offtake agreement for up to 500,000 tonnes of renewable ammonia annually from India. The first shipments from AM Green’s Kakinada plant are expected by 2028. The deal...

IT hardware distributor Mitsumi Distribution eyes Rs 1,000 crore India play

IT hardware distributor Mitsumi Distribution plans to invest ₹700–1,000 crore in India over the next three years to build infrastructure, inventory and logistics networks. The company will focus on expanding into und...

India well poised to lead global energy transition: Damilola Ogunbiyi, CEO, SEforALL

India is well poised to lead the global energy transition, says Damilola Ogunbiyi, CEO of Sustainable Energy for All (SEforALL), citing strong policy support, renewable growth and climate commitments. She highlighted Ind...

German Chancellor’s India visit to scale up trade, mobility, tech partnerships

German Chancellor Friedrich Merz’s two-day visit to India aims to boost trade, defence and technology cooperation, while adding momentum to India-EU FTA talks. Discussions with Prime Minister Narendra Modi will cover m...

NTPC to set up coal-to-SNG project at Rs 10,000 crore capex in Chhattisgarh

NTPC plans a ₹10,000 crore coal-to-synthetic natural gas (SNG) facility at Talaipalli in Chhattisgarh, aiming to convert high-ash domestic coal into cleaner fuel. The 5-lakh tonne per year project will involve advanced...

Textiles Ministry Signs MoUs With 15 States To Strengthen Data-Driven Policymaking

The Ministry of Textiles has signed MoUs with 15 states under the Tex-RAMPS scheme to strengthen data-driven policymaking in the sector. The initiative aims to improve textile statistical systems, support planning for ha...

Budget may roll out ₹23,000 crore incentives to boost local capital goods manufacturing

The Union Budget 2026 may introduce ₹23,000 crore in incentives to promote domestic capital goods manufacturing. The move aims to strengthen local production, reduce import dependence, and enhance India’s manufacturi...

India’s data centre boom turns spot­light on stor­age

India’s AI-driven digital growth is fueling a data centre boom, with enterprises facing rapidly increasing storage demands at the petabyte scale. Companies like Hitachi Vantara are helping optimise data storage through...

Sundaram Clayton to sell its 16.381 acres at Korattur to Canopy Living for ₹561 crore

Chennai-based Sundaram Clayton has agreed to sell its 16.381-acre 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...

India can make small modular reactors 30% cheaper than global players: L&T

Larsen & Toubro (L&T) claims India can manufacture small modular reactors (SMRs) at around ₹30 crore per MW, roughly 30% cheaper than global quotes of ₹50–100 crore per MW. While still costlier than large PHWRs, L&...

NTPC scopes 30 sites in fresh bid for nuclear expansion

NTPC Ltd. is evaluating 30 potential sites across five to six states, including Madhya Pradesh, Gujarat, and Odisha, for new nuclear power projects. The move supports India’s goal of 100 GW nuclear capacity by 2047. Si...

Tamil Nadu unveils India’s first deeptech start-up policy

Tamil Nadu has launched India’s first Deep-Tech Startup Policy 2025-26, aiming to support 100 start-ups with ₹100 crore in funding. Unveiled by Chief Minister MK Stalin at the Umagine 2026 conference, the policy seek...

Silox India ties up with Hindustan Zinc for low carbon bran EcoZen

Silox India has partnered with Hindustan Zinc to adopt the low-carbon zinc brand EcoZen across its manufacturing operations. By using EcoZen, Asia’s first renewable-energy-produced zinc with a verified carbon footprint...

Positioned Sterlite, Serentica & Resonia to offer integrated solutions for transmission, clean energy: Pratik Agarwal

Sterlite Group has strategically demerged to form Sterlite Electric, Resonia, and Serentica Renewables, creating an integrated value chain across transmission, infrastructure, and clean energy. Sterlite Electric focuses ...

Soaring raw materials costs leave solar power industry reeling

Rising prices of silver, copper, and aluminium are squeezing margins for India’s solar power industry, impacting the cost of panels, wiring, and inverters. While manufacturers absorb much of the increase through effici...

Compliance hurdles weigh heavily on GCCs expanding to tier-II cities

Global Capability Centres (GCCs) are increasingly expanding into tier-II and tier-III cities such as Coimbatore, Jaipur, Indore, Vizag, and Kochi to tap new talent pools and reduce costs. However, regulatory complexities...

Shot-in-the-arm for Xiaomi as India-China ties improve; premium push gathers pace

Xiaomi is gaining momentum in India as ties between India and China improve, boosting confidence in its business prospects. The smartphone maker is accelerating its push into the premium segment, driven by rising demand ...

Tata Power to set up Rs 6,675 cr 10 GW ingot & wafer manufacturing facility in AP

Small private shipyards raise concern over reduced incentive for electric and green ships

Small private Indian shipyards have expressed concern over the government reducing incentives for electric and green vessels from 25% to 15% under the Shipbuilding Financial Assistance Scheme (SBFAS). Industry experts wa...