Page 451 - Industry News

Battery energy storage capacity grows over 4-fold to 219 MW in Q1: Report

As of March 2023, the overall battery energy storage capacity in India was at 47.6 megawatt hour (MWh), the US-based research firm said in its report on Wednesday

Commerce min caps interest equalisation at Rs 1.66 cr per IEC for Jul-Aug

Last month, the government extended the interest equalisation scheme (IES) on pre- and post-shipment rupee export credit for two months to promote the country's outbound shipments

Vegan leather from sugarcane: PETA sees potential in India's agri-waste

PETA pointed at India's vast sugarcane production can be leveraged to effectively utilise sugarcane waste through technology developed by PA Footwear P Ltd, specialising in vegan leather alternatives

DGCA issues safety rules for ground handling service providers at airports

The norms also come against the backdrop of ground incidents at some airports that have resulted in damage to aircraft

Telecom equipment production sales cross Rs 50,000 crore under PLI scheme

Within three years, the Telecom PLI scheme has attracted investments of Rs 3,400 crore, with telecom equipment production exceeding Rs 50,000 crore, govt sources reveal

India's clean air target at risk as gas plan caught in regulatory minefield

New Delhi's ambitious targets to clean its air by decarbonising energy sector will be underpinned by its success in building nascent natural gas segment

Video gaming firms seek distinction from RMG companies in letter to PMO

Stakeholders have requested the government to break the existing categorisation of online games into two separate categories - video games and real money games, "for fair and equitable policymaking"

India can be key partner in diversifying critical mineral supply chains: US

'Demand for key minerals, such as graphite, manganese, and lithium will continue to play a vital role in the electric vehicles (EV) space and will help India work towards its net zero vision in 2070'

Indian gaming industry to grow to $8.92 billion in next 5 years: Report

India's gaming sector is currently valued at around $3.1 billion, according to industry estimates

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

The sector is the second-biggest employer with 8.5 million people in 2025. This is expected to increase by over 20 per cent to 10.3 million by 2028

Monthly prepaid ARPU crosses Rs 150 for the first time in Q4 FY24

Monthly prepaid ARPUs have consistently risen for more than six quarters, but the pace has been slow

Centre releases draft guidelines for 'responsible and sustainable' mining

Dated July 2, these rules provide a framework for preparation and approval of exploration and production plans

Domestic air passenger traffic momentum to continue this year: Report

In June, the domestic air passenger traffic was estimated at 132.8 lakh, around 3.7 per cent lower than seen in May but about 6.3 per cent higher compared to the year-ago period

India's gaming sector unique, naturally inclined to Make in India: EGF CEO

Union Budget must treat 'legitimate part of gaming industry' as govt treats other sectors in the technology industry, say representatives

Turnover crosses Rs 1.5 trn, 1 mn jobs created in FY24: KVIC chairman

According to provisional figures for 2023-24 released by KVIC, a 315 per cent increase in production and a 400 per cent rise in sales were registered in the last 10 years

19 coal mines allocated to thermal plants for fly ash disposal, says govt

A Central Level Working Group (CLWG) under the chairmanship of Additional Secretary, Ministry of Coal, was formed in 2023 for this purpose

Rajasthan plans 30 Gw solar power by FY25-end; aims to become self-reliant

Rajasthan is one of the leading states in the country in solar energy production, with an estimated output of 142 Gw

10th round of OALP bidding for oil and gas assets likely in August

The Centre is planning to bring 560,000 sqkm under oil exploration by the end of 2024

PLI scheme for white goods: Application window to be open for third time

The first round of application was invited in 2021, followed by the second round a year later as the entire allocated fund was not utilised

Tata airlines complete harmonising operating process ahead of merger

Vistara, a joint venture between Tata Group (51 per cent) and Singapore Airlines (49 per cent), is being integrated into Air India to create a single full-service carrier