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FAME-II Scheme Extended Till March 2024

The circular did not mention any change in the financial allocation to the scheme The Department of Heavy Industries has amended the Faster Adoption and...

FAME-II Scheme Gets Partially Amended, Subsidies Increased For Electric 2 Wheelers

Additionally, aggregation will be the key method for bringing the upfront cost of electric 3 wheelers at an  affordable level and at par with...

Guidelines For PLI Around ACs and LEDs Announced

The PLI Scheme shall extend an incentive four to six per cent on incremental sales (net of taxes) over the base year of goods...

There Has Been a Huge Vacuum in the Telecom Equipment Manufacturing: ICEA

Department of Telecom (DoT) had recently said that the PLI Scheme will be implemented within the overall financial limits of Rs 12,195 Crores India Cellular...

E-waste: MeitY To Formulate Action Plan Around Circular Economy

One ton of ore has an extractable reserve of about 1.4 gms of gold while a ton of mobile phone PCBs can produce about...

DoT Issues Guidelines For Telecom Equipment PLI Scheme, Invites Applications

DoT added that it will grant approvals to 10 eligible applications each in MSME & non-MSME categories The Department of Telecom (DoT) has notified the...

Karnataka To Provide 15 Percent Subsidy To EV Investors Following Change In Policy

The government will also give a production linked incentive of 1 per cent of turnover for a period of five years In a bid to...

Maharashtra Targets 10 Percent Of Its New Vehicle Registrations To Be EVs By 2025

The draft EV policy targets urban centres like Mumbai and the Mumbai Metropolitan Region, Nagpur, Pune, Nashik and Aurangabad The Maharashtra government has proposed a...

IGCR: End Use Manufacturing Clarifications Issued by CBIC

These rules benefit the importers on the consumption of imported goods covered in the notification for the manufacture of any product Central Board of Indirect...

$450 Billion: South Korea’s Plan to Become The Biggest in Chip Making

Both Samsung and SK Hynix, along 151 more companies will be fueling the project. South Korea expects chip exports to double to $200 billion...

19 Companies, Including Dell and Lava, Apply For IT Hardware PLI

The scheme has included PCB assembly, assembly of battery packs, assembly of power adapters and assembly of cabinets under its aegis Multinational companies including Dell,...

MNRE Releases Guidelines For PLI Scheme For Solar PV Modules

While shortlisting applications for the scheme, preference will be given to manufacturers who set up higher capacity plants The Ministry of New and Renewable Energy...

Industry's Buzz

Safran

Safran Secures First NATO Naval Order For Optronic Sights With MSI

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Safran brings Optronic Sights to MSI's naval and land gun systems. Safran Electronics & Defense and MSI-Defence Systems have signed a Franco-British agreement to fit...
Amber Enterprises

Amber Enterprises Completes Full Acquisition of Power-One Micro Systems

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Amber Enterprises subsidiary acquires remaining 40% stake in Power-One through share swap. Amber Enterprises has bought out its remaining minority partners in Power-One. IL JIN...
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Cosmoserve Opens Base 1 To Develop Space-Grade Electronics In-House

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Cosmoserve Space has opened a new facility in Hyderabad to develop space-grade electronics, optics and avionics in India, with the aim of cutting reliance...
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Nemi Targets Nasdaq Listing With USD 400 Million Valuation

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Nemi is going public. The plan? A $400 million Nasdaq listing. The company just signed a definitive business combination agreement with BHAV Acquisition Corp. This...
LG logo

LG Electronics India to Step Into India’s Automotive Market

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The South Korean headquarters of LG Electronics will continue to support the business with global technologies and existing relationships with global car manufacturers. LG Electronics...

Learn From Leaders

Roberto Gatti, Founder and CEO of Delvitech

The Eye That Spots Defects Before They Happen

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Most inspection machines tell you a board failed. Delvitech's tells you when it is about to.Every inspection stage in a factory traditionally needs its...
Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

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In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

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What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

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A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

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Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...

Startups

EVE NET Turns Spare Smartphone Capacity Into An AI Cloud

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What if the phone in your pocket could help run AI? A Mumbai-based startup wants to cut AI computing costs by tapping into millions...

Vimag Labs’ Magnet-Free Motors Set To Redefine EV Efficiency

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Can software replace rare-earth materials? This Bengaluru startup uses virtual magnets to eliminate traditional permanent magnets, boosting EV motor efficiency up to 95 per...

Pine Labs Q2 FY27 Profit Soars 6.5x

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Pine labs said that it processes 25 million transactions per day, a 22 per cent increase from the previous year. Fintech company Pine Labs, reported...
Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

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As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

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Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...