Monday, December 1, 2025
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Industry Segments Online News Updates

Electrical & Power

Unlocking the Potential of Smart Meters in India

Unlocking the Potential of Smart Meters in India At the 4th Edition of the Smart Meter Summit 2024, organized by AAYERA in New Delhi, industry experts discussed various aspects of smart meter deployment utilizing advanced technologies. In today’s evolving energy sector, smart metering is emerging as a game-changer in optimizing electricity management. Smart electrical meters provide real-time data that allows utilities to better monitor, manage, and respond to electricity usage patterns. This...
Manufacturing

German Machine Tool Industry Expands, Engineering Sector Now Leading Customer

German Machine Tool Industry Expands, Engineering Sector Now Leading Customer The German machine tool industry is witnessing a significant shift in its customer base, as the engineering sector overtakes the automotive industry for the first time. According to a recent customer structure survey by the German Machine Tool Builders' Association (VDW), around 27% of the industry's production was supplied to the automotive sector last year, marking a decline of approximately...
Electrical & Power

Gruner Renewable Energy Secures $60 Million to Expand Compressed BioGas Projects

Gruner Renewable Energy Secures $60 Million to Expand Compressed BioGas Projects Gruner Renewable Energy, a prominent player in India's sustainable biogas sector, has announced that it has secured US$ 60 million in funding. This substantial investment is set to accelerate the company's expansion of Compressed BioGas (CBG) plants nationwide, aligning with India's push towards energy independence and sustainability. Utkarsh Gupta, Founder & CEO of Gruner Renewable Energy, highlighted the critical role...
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Electrical & Power

How Maharashtra Will Power Data Centres?

How Maharashtra Will Power Data Centres? Data centers consume about 3% of the world's electricity, and this substantial energy consumption is expected to increase as more data is stored and processed, leading to the establishment of more data centers. Notably, Mumbai is home to nearly half of all data centers in India. In 2023, Mumbai emerged as the third-largest data center market in the Asia-Pacific region, with a total capacity of...
Electrical & Power

Tata Power Solar and BOI Forge Alliance for Green Financing

Tata Power Solar and BOI Forge Alliance for Green Financing Tata Power Solar Systems Limited (TPSSL), a leading name in India's renewable energy sector and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced a strategic partnership with the Bank of India (BOI). This collaboration aims to streamline financing options for rooftop solar installations and electric vehicle (EV) charging stations, marking a significant milestone in India's journey...
Electrical & Power

Union Budget 2024 | Reaction from Niranjan Nayak, MD, Delta Electronics India

Union Budget 2024 | Reaction from Niranjan Nayak, MD, Delta Electronics India The Union Budget 2024-25 presents a compelling vision for a thriving 'Viksit Bharat.' We at Delta are particularly encouraged by the government's comprehensive approach that prioritizes skilling, infrastructure development, and digital transformation. The focus on creating a skilled workforce through internship programs aligns perfectly with our own commitment to nurturing talent and driving innovation. We also applaud the budget's...
Electrical & Power

Union Budget 2024 | Reaction from Manikkan S, Executive Director & CEO, Radiance Renewables

Union Budget 2024 | Reaction from Manikkan S, Executive Director & CEO, Radiance Renewables The recent budget announcements by the Finance Minister reflect a strong and consistent commitment to renewable energy, building upon the foundation laid by the Modi 2.0 government. The launch of the PM Surya Ghar Muft Bijli Yojana is a significant step towards reducing our dependence on fossil fuels and aligning with global climate goals. This initiative,...
Healthcare

Union Budget 2024 | Reaction from Anish Bafna, CEO and MD, Healthium Medtech

Union Budget 2024 | Reaction from Anish Bafna, CEO and MD, Healthium Medtech The Union Budget 2024-25 sets the foundation for our nation’s unrelenting pursuit towards Viksit Bharat 2047. The announced exemption of customs duties on the three additional cancer formulations is an industry-welcoming move towards patient centricity, easing the financial and socio-economic burden of the disease on patients. Additionally, the detailed changes in basic custom duties on medical equipment...
Electrical & Power

Union Budget 2024 | Reaction from Devndra Chawla, MD & CEO, GreenCell Mobility

Union Budget 2024 | Reaction from Devndra Chawla, MD & CEO, GreenCell Mobility We appreciate the significant steps taken towards infrastructure development and sustainable transportation by the  Finance Minister in the first union budget under the Modi 3.0 government. GreenCell Mobility remains committed to contributing to India's sustainable development goals by promoting green mobility solutions and supporting the government's efforts toward a greener and more connected future. The proposal of industrial...
Manufacturing

HANNOVER MESSE 2025 to Showcase Cutting-Edge Drive Technology and Fluid Power Innovations

HANNOVER MESSE 2025 to Showcase Cutting-Edge Drive Technology and Fluid Power Innovations HANNOVER MESSE 2025 is set to highlight a strong international presence in drive technology and fluid power, with leading manufacturers from Germany and abroad showcasing the latest advancements under the Motion & Drives banner. Scheduled to take place in Halls 4, 5, and 6, the event will serve as a vital platform for companies to demonstrate innovative applications and...
Manufacturing

Union Budget 2024 | Reaction from Dr. Sudhir Mehta, Founder and Chairman, EKA Mobility & Pinnacle Industries

Union Budget 2024 | Reaction from Dr. Sudhir Mehta, Founder and Chairman, EKA Mobility & Pinnacle Industries This Union Budget marks a significant milestone in India's journey toward becoming a $5 trillion economy and solidifies its role as a global growth engine. The government’s comprehensive approach to supporting various sectors, especially MSMEs and start-ups, is commendable. Introducing a credit guarantee scheme for MSMEs, which facilitates term loans without collateral or...
Electrical & Power

Union Budget 2024 | Reaction from Meenu Singhal, Regional MD, Socomec Innovative Power Solutions

Union Budget 2024 | Reaction from Meenu Singhal, Regional MD, Socomec Innovative Power Solutions The budget announcement marks a pivotal moment for India, focusing on nine priorities, including Productivity and Resilience in Agriculture, Employment & Skilling, Human Resource Development and Social Justice, Manufacturing & Services, Urban Development, Energy Security, Infrastructure, Innovation, Research & Development, and Next Generation Reforms. These initiatives are set to generate ample opportunities for all sectors. This budget...
Manufacturing

Union Budget 2024 | Reaction from Mahesh Viswanathan, Deputy CEO and CFO, Finolex Cables Ltd.

Union Budget 2024 | Reaction from Mahesh Viswanathan, Deputy CEO and CFO, Finolex Cables Ltd. We welcome the employment and manufacturing generation initiatives outlined in the budget. The introduction of a credit guarantee scheme for term loans on machinery and equipment purchases, without collateral or third-party guarantees, is a progressive step that will empower MSMEs to innovate and expand, driving growth and job creation across the nation. Additionally, the exemption of...
Electrical & Power

Union Budget 2024 | Reaction from Saurabh Marda, Co-founder and MD, Freyr Energy

Union Budget 2024 | Reaction from Saurabh Marda, Co-founder and MD, Freyr Energy The recent budget has been highly favorable for the energy sector, with the government setting an ambitious goal of achieving 500 GW of renewable power by 2030. A key component of this plan is encouraging homeowners to adopt solar energy, facilitating a swift transition to solar power. To support this, the government has allocated Rs 70,000 crores...
Construction

Union Budget 2024 | Reaction from Dimitrov Krishnan, MD, Volvo CE India

Union Budget 2024 | Reaction from Dimitrov Krishnan, MD, Volvo CE India We welcome the Union Budget 2024-25 for providing a significant impetus to the construction equipment sector. The vision of 'Viksit Bharat' by 2047 underscores the importance of allocating substantial resources for infrastructure development to enhance India's growth trajectory. The proposed increase in capital expenditure by 11.1 percent, amounting to Rs. 11.11 lakh crore for FY2025, will significantly support...
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