Tata Steel is exploring the possibility of using nuclear energy to produce green steel, considering the deployment of approximately 200 Bharat Small Reactors (BSRs), each with a capacity of 220 MW, according to a report by Hindu Business Line. This would potentially result in a total power generation capacity of 45 GW. Tata Steel, which […]
Chinese electric vehicle manufacturer BYD has decided to pursue an import-only strategy for the Indian market, following the rejection of its $1 billion investment proposal to establish a local manufacturing facility. The shift in approach aligns with India’s new EV policy, which BYD will navigate by continuing to import its vehicles rather than building them […]
Steel Authority of India Limited (SAIL) and BHP have signed a Memorandum of Understanding (MoU) to explore decarbonisation strategies for steel production in India. The collaboration will focus on developing lower-carbon technologies for blast furnaces, which are central to SAIL’s integrated steel plants. The initiative will examine the potential use of alternate reductants such as […]
Hindustan Copper Ltd (HCL) has resumed operations at its Surda copper mine in Jharkhand, with plans to expand production over the next several years. The reopening of the mine is expected to generate around Rs 100 crore in annual revenue, according to a press release issued by the company. At present, the Surda mine has […]
Hitachi Energy India Limited announced plans to invest around INR 2000 crore over the next four to five years to expand its manufacturing capabilities and support India’s energy transition. The investments are aimed at capacity expansion, talent development, supply chain strengthening, and increased digitalization. This announcement was made during the company’s two-day technology symposium, Energy […]
Toyota Kirloskar Motor (TKM) has been allocated 827 acres of land in Maharashtra’s Chhatrapati Sambhajinagar to establish a greenfield manufacturing facility for electric and hybrid vehicles. The land was allotted as part of an ongoing development in the Delhi-Mumbai Industrial Corridor (DMIC), specifically in the Bidkin node of a “greenfield smart industrial city,” according to […]
JTEKT Corporation, headquartered in Kariya City, Japan, has announced plans to construct a new automotive parts manufacturing plant in Gujarat, India, through its local subsidiary, JTEKT India Limited. The new facility will be the eighth JTEKT plant in the country, with operations expected to commence in 2027. The new factory, located in Jalisana, Ahmedabad district, […]
Evervolt Green Energy Pvt. Ltd. (Evervolt) has announced plans to expand its solar cell manufacturing operations, aiming for an annual production capacity of 3 gigawatts (GW) by March 2026. The company, which has been active in solar distribution in India for the past decade, plans to reach an initial capacity of 1 GW by March […]
GenX PV India, a company specializing in solar panel components, has announced plans to set up an aluminium frame manufacturing facility in Raipur, which is expected to become operational by early next year. The facility will have an annual production capacity of 18,000 metric tons of aluminium, aimed at supplying Indian solar panel manufacturers and […]
Eyewear retailer Lenskart has announced plans to invest $200 million in a new manufacturing plant in southern India according to a report by The Economic Times. The upcoming facility is expected to be significantly larger than the company’s existing plant in Rajasthan, which has played a key role in its operations. This expansion comes as […]
