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India Takes Measures to Incentivize Green Steel Manufacturing

Friday, December 13, 2024

India's Steel Ministry has proposed that over one-third of the government's total steel procurement will consist of low-carbon "green steel." Defined as steel produced with emissions lower than 2.2 tonnes of carbon dioxide per tonne of finished st...

Schneider Electric to Open PCB Manufacturing Facility in Karnataka

Thursday, December 12, 2024

Karnataka Industries Minister M.B. Patil, as part of the global roadshow for Invest Karnataka 2025, engaged with Schneider Electric in France, where the company announced plans to add 5,000 jobs in Karnataka by establishing a new Printed Circuit B...

India Targets 3000 MW Electrolyzer Capacity for Hydrogen production

Thursday, December 12, 2024

India is working on offering viability gap funding for an electrolyzer manufacturing capacity of around 3,000 MW annually to enhance green hydrogen production in the country, Parliament was told on Tuesday. This holds importance since India...

OPEC Cuts Oil Production Fifth Time for 2024

Thursday, December 12, 2024

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs...

Indian EV Development Geared towards Lithium-ion Niche

Wednesday, December 11, 2024

India is on track to receive approximately $40 billion in investments in the Electric Vehicle (EV) sector and related industries within the next five to six years. This surge in funding underscores the country’s strategic push toward sustainable m...


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