Page 13 - Industry News

UP rooftop solar capacity reaches 3,000 Mw with over 900,000 installations

Uttar Pradesh has installed over 900,000 rooftop solar plants, taking capacity to 3,000 Mw, with daily additions of 9-10 Mw and an estimated 100,000 direct jobs created

CDSCO waives export NOC for approved r-DNA drugs sold under new brand names

The move is expected to reduce export approval timelines for biologics manufacturers using different brand names in overseas markets, provided the products are already approved in India

Food delivery platform Swiggy launches multi-restaurant ordering feature

Swiggy's new feature lets users combine food orders from up to five restaurants through a single checkout, eliminating multiple platform fees and simplifying payments across 720 cities

India's metals, mining workforce to grow by 430,000 by 2035: McKinsey

McKinsey projects India's metals and mining workforce will expand by 430,000 by 2035, the largest rise globally, as its share of global metals revenue is set to reach 12%.

Jindal Ferrous expands Odisha footprint with ₹5,000 cr carbon steel plant

Jindal Ferrous has commissioned its first integrated carbon steel plant at Jajpur in Odisha, with a 2.2 mtpa steel melt shop and an investment of ₹5,000 crore

Canadian subsurface engineering firm VZFOX set to enter Indian market

The subsurface engineering firm plans a five-member Bengaluru team and will focus on mature-field revitalisation, reservoir optimisation, EOR, IOR and carbon-storage projects

Odisha unveils ₹40K crore industrial projects, eyes over 42,000 jobs

Chief Minister Mohan Charan Majhi inaugurated 24 facilities and laid foundation stones for 29 projects across 14 districts, with an estimated employment potential of 42,512.

Myntra customer base grows 30% in 2026, eyes 100 million monthly users

The fashion platform's Big Fashion Festival opened with four times its usual demand, with smaller cities accounting for more than half of first-day orders

Defence Ministry signs ₹4,106 cr deals for IAF satellite, Navy torpedoes

Communication satellite contract worth ₹2,563 crore; ₹1,543 crore deal for torpedoes

Ethanol supplies top 9.87 bn litres by Sep, grain feedstocks lead: AIDA

Oil marketing companies received 987 crore litres of ethanol by September-end in supply year 2025-26, meeting 82.5% of contracted allocation, with maize the largest contributor

CII outlines roadmap to bridge $36 bn gap in India's $100 bn M&E ambition

CII says annual growth must accelerate from 9 per cent to 15.3 per cent, with policy reforms, stronger monetisation, investment and IP development central to closing the gap

World Bank Group mobilises $36 bn in India in 4 yrs, $9.6 bn for MSMEs

Private capital mobilisation by the Group rose nearly five-fold to $14.5 billion in FY26 from $3 billion in FY22, with guarantees helping reduce investment risks and attract funding

Odisha needs ₹1.1 trn to expand renewable energy, storage and grid infra

The state needs to add 10.7 GW of renewable capacity by 2035-36, along with pumped storage, battery storage and transmission upgrades, an IEEFA report said

Govt mandates caller name display from Nov 1: Here's what the new rules say

The government has mandated caller name display from November 1, 2026. The service will show callers' names alongside their numbers, with specific rules for domestic, international and business calls

Meet Prem Watsa, the Canadian billionaire behind Fairfax's IDBI bet

Known as Canada's Warren Buffett, the Hyderabad-born investor has made India a long-term bet, with the proposed IDBI Bank acquisition marking his latest big move

Ecom order volumes rise 31% in first week of festival sales: Unicommerce

Amongst geographies, Tier-III towns recorded the highest share of overall e-commerce orders, accounting for 42 per cent of the total orders during this period

Canara Bank Q2 profit rises 8.4%, treasury income drop weighs on growth

Canara Bank's Q2 net profit rose to Rs 5,175 crore as net interest income grew 20.4 per cent and provisions fell, while treasury income declined 68.5 per cent year-on-year.

Ahead of Starlink in queue for satcom nod, says Sunil Bharti Mittal

Bharti Enterprises' chairman said OneWeb applied five years ago and has had its ground network ready for three years, arguing it is ahead of Starlink in the queue

India positioning itself as trusted global supply chain partner: Vaishnaw

The Union minister said cost alone no longer drives supply-chain decisions, with trust, cybersecurity and resilience becoming central to global technology partnerships

Alternative accommodation gains ground among Indian travellers: Report

A Booking.com and VIDEC report projects India's alternative accommodation gross booking value to reach $4.7 billion by FY29, with business travel and smaller cities driving growth