Tamil Nadu is formalising a comprehensive maritime and shipbuilding policy aligned with the Centre’s initiatives to attract global players, incentivise new shipyards, and enable equity partnerships with private industr...
Prime Minister Narendra Modi urged global investors to back India’s maritime sector, calling the country a “steady lighthouse” amid global uncertainties. He unveiled initiatives worth ₹2.2 lakh crore, including f...
Engineering giant Larsen & Toubro (L&T) is exploring entry into electronics manufacturing services (EMS), engaging with the Tamil Nadu government for around 200 acres near Chennai. With existing ventures in the electroni...
Taiwan’s Foxconn plans to invest up to $1.37 billion from December 2025 to 2026 to build an AI compute cluster and supercomputing centre. The investment, using the company’s own funds, aims to expand cloud computing ...
Kamarajar Port is set to submit the DPR for the ₹1 lakh crore Great Nicobar International Container Transshipment Port at Galathea Bay. The first two phases will see ₹44,000 crore invested to build 11 million TEU cap...
China’s latest five-year plan notably excludes electric vehicles (EVs) amid an industry grappling with oversupply. The move signals a shift in government priorities, as domestic manufacturers face slowing demand and mo...
Andhra Pradesh has set up a Data Centre Advisory Council to achieve 6,000 MW capacity by 2030, led by IT Minister Nara Lokesh. The council, including industry leaders from Google, Microsoft, NTT GDC, JLL, Schneider Elect...
The Gujarat government plans to recycle 15,000 ageing ships at Alang over the next decade, doubling the yard’s capacity from 4.5 million LDT to 9 million LDT. Despite a decline in shipbreaking activity since 2011-12, t...
German wind turbine maker Nordex Group, with a Chennai plant, aims for 50% revenue growth by 2027, up from ₹4,500 crore. The company plans to expand production with a ₹1,000 crore investment and explore exports via K...
The Indian government has approved seven electronics component projects under its scheme, with a total investment of ₹5,532 crore. These initiatives are expected to boost domestic manufacturing, strengthen the electron...
India is grappling with hurdles in boosting domestic rare earth production as China tightens its export controls. Despite growing demand for critical minerals in electronics, defense, and renewable energy, India’s loca...
India and the European Union are gearing up to tackle non-tariff barriers and market access challenges during Commerce Minister Piyush Goyal’s visit this week. The discussions aim to strengthen trade relations, enhance...
The government is set to unveil a new skill financing initiative, the Pradhan Mantri Kaushal Mudra Yojana, in the upcoming Budget. Aimed at empowering youth and enhancing employability, the scheme will provide financial ...
TP-Link India plans to invest over ₹100 crore to set up its largest global manufacturing facility in the country within five years. The network equipment giant is in talks with three state governments to finalise the s...
The Union Cabinet has approved a ₹1,500 crore Incentive Scheme under the National Critical Mineral Mission to boost recycling of e-waste, spent lithium-ion batteries, and other scrap. The scheme aims to enhance domesti...
Global shipping giants like Maersk and CMA CGM are reflagging their vessels under the Indian flag, boosting India’s maritime registry and domestic cargo capacity. The move strengthens India’s fleet of 1,600 vessels a...
The Centre for Development of Advanced Computing (C-DAC) is preparing for Supercomputing Mission 2.0 to achieve exascale computing capability by 2030. The new phase, with a budget expected to exceed ₹4,500 crore from N...
The European Union is preparing trade measures to counter China’s planned export controls on rare earths and critical materials. The European Commission aims to finalise its response options by November, seeking to saf...
Swelect Energy Systems, under new CEO Dr. Arul Shanmugasundaram, has shelved its solar cell project and will partner with a domestic cell supplier. The company plans to double its Coimbatore module plant to 2 GW and fo...
India’s MNRE shifts focus from aggressive renewable capacity addition to grid stability and integration. The revised strategy emphasizes energy storage, hybridisation, and market reforms to ensure dispatchable and resi...
IIT Madras Research Park plans a ₹500-crore VC fund, with a 25% greenshoe option, to support deeptech start-ups in sectors like semiconductors, quantum tech, medtech, and battery chemistry. Targeting $0.5–1 million c...
India’s data centre industry is set for a massive expansion, with global hyperscalers and domestic firms investing over $50 billion in the next 5–7 years. Capacity is expected to grow from 1 GW to around 9 GW by 2032...
Vikram Solar plans to commission 11 GW of solar module manufacturing facilities in Tamil Nadu by FY26-end, expanding its total capacity to 15.5 GW. The company will set up 5 GW at Vallam and 6 GW at Gangaikondan, with th...
China has filed a complaint at the WTO against India’s EV car and battery PLI schemes, claiming they discriminate against foreign manufacturers. Experts urge New Delhi to defend its stance, asserting the incentives aim...
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