Page 20 - Industry News

India targets 1 bn 5G users by 2030, aims to lead world in 6G: Scindia

Communications Minister Jyotiraditya Scindia said India's 5G user base has reached 550 mn, while the Bharat 6G Alliance has 90 institutions and 7,700 patents, including 4,400 international patents

Institutional investment in housing dips 39% mn in 9 months: Colliers

Institutional investment in office assets rose 46 per cent to $2.17 billion during January-September, while industrial and logistics investments grew 15 per cent to $371.9 mn, Colliers data showed

AI eats into entry-level tech jobs as India's graduates seek work

Banks and other global capability centres are automating routine tasks once handled by fresh graduates, intensifying competition for entry-level jobs in India's tech sector

Govt says satellite internet rules fair after Musk's Starlink bias claim

The government says all three licensed satellite communication providers are undergoing security assessments and must meet the same regulatory requirements before receiving spectrum

Cement makers step up green energy investments to cut costs, emissions

Cement companies are increasing green power capacity to lower energy costs and emissions, with major players expected to add nearly 50 per cent capacity by March 2028

Electric PV sales nearly double in September; e-two-wheeler sales rise 89%

EV penetration in passenger vehicles rises to 8.5 per cent as electric two-wheeler sales climb 88.7 per cent and established manufacturers capture more market growth.

Airtel launches free international roaming, hikes postpaid tariffs by ₹50

No 2 carrier follows Vodafone Idea that offered free international roaming on select plans

BPCL's ₹1 trn refinery project gets environmental clearance recommendation

The proposed 9 mtpa refinery and petrochemical complex near Ramayapatnam Port will come up on 5,200 acres and produce transportation fuels and petrochemicals

The age of electrostates: India faces a long road to electrification

The West Asia crisis has stoked an urgency to electrify. Climate-related disasters, too, are prompting countries to embrace clean power. But it's a story with no easy answers

Musk blames 'certain oligarchs' for delay in Starlink's entry into India

Musk alleges unnamed oligarchs are blocking Starlink's India entry, hours after a SpaceX executive said its infrastructure was ready and operations awaited official approvals

India's qcom market projected to touch $70-90 billion by FY31: Redseer

Redseer and Google expect the market to grow at a 41-48 per cent CAGR, with monthly transacting users crossing 100 million as non-metro adoption accelerates

Personal service transactions need no reporting under new forex rules

RBI to issue FAQ document to clarify reporting needs

NTPC plans ₹14,000 crore investment in Chhattisgarh gasification project

NTPC expects around ₹2,000 crore in government support for its proposed Talaipalli plant, which will produce synthetic natural gas and take four to five years to build.

RBI rate hike may pressure housing affordability, but demand seen resilient

Developers and consultants expect the impact to be sharper in affordable and mid-income housing, while premium demand and broader sector momentum remain relatively resilient

FSSAI suspends Biolife Remedies licence over food safety non-compliance

Inspections found pest activity, fungal growth and poor upkeep at Biolife Remedies, while FSSAI flagged deficiencies in quality assurance, testing and safety monitoring

Flipkart, Amazon bet on delivery speed as India's festive sales kick off

Online festive sales could rise 29 per cent to ₹1.55 trillion, with quick commerce taking a 16 per cent share as Flipkart and Amazon expand their rapid delivery networks

Uniform standards, regulatory support key to zero-touch telecom networks

Industry leaders at India Mobile Congress say autonomous networks can improve efficiency, but need common standards, regulatory support, safeguards and human oversight

AlcoBev industry contributed ₹4 trillion to India's FY25 taxes: Report

Telangana had the highest share of alcohol revenue in states' own tax revenue in FY25 at 32 per cent, followed by Tamil Nadu at 27 per cent and Uttar Pradesh at 25 per cent.

Minus data centres, India's new investment plans shrank in H1FY27: Report

Investment announcements rose 34.7 per cent to ₹30.38 trillion in H1FY27, driven by data centres, while plans outside IT fell about 4 per cent to ₹20.92 trillion

Beyond port expansion, Odisha eyes ₹50,000 crore major maritime investments

Paradip's capacity expansion, the proposed Bahuda port and a Kendrapara shipbuilding cluster anchor Odisha's maritime investment pipeline of more than ₹50,000 crore.