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Indian Railways to set up EV charging spots at Delhi stations

The Indian Railways will provide space for electric vehicle charging stations at the parking lots of train stations to promote the use of green energy. To begin with, the parking lots at the New Delhi and Nizamuddin railway stations in the capital have...

M&M to invest Rs 900 crore more into electric vehicle venture

The Mahindra Group on Monday announced fresh Rs 900-crore investment in electric vehicles (EVs) over the next four years, which should ramp up its first installed capacity to 5,000 units a month. “We have already invested Rs 600 crore in...

Electric car goal in India seen creating cyber-security risks

India’s dependence on imported components for electric vehicles could make the country vulnerable to cyber-security breaches, according to the government’s chief policy think-tank. India should manufacture the majority of the parts needed for its electric vehicle fleet as equipment shipped...

Samsung India sets sales goal of over $10 billion this year

Samsung India is targeting sales of more than $10 billion (about Rs 64,000 crore) this calendar year after having recorded nearly $9 billion in 2017, senior company executives told business partners during a recent global meet. Sales will be driven...

Xiaomi, Haier, others get vocal on Customs duty hike in Budget 2018

More companies such as Xiaomi, Haier, Godrej, and Blue Star have joined LG Electronics India in indicating that the recent Customs duty hike in the Budget, the second such in two months, will impact demand. The government raised basic Customs duty by 5-10 per cent in December and...

Reliance plans Rs 60,000 crore digital industrial area in Maharashtra

Billionaire industrialist Mukesh Ambani informed his firm Reliance Industries Ltd (RIL) and its global partners will set up the country's first integrated digital area in Maharashtra entailing investments of Rs 60,000 crore.  "Reliance along with other global companies will invest...

EESL to float another global tender for 10,000 e-vehicles

State-run Energy Efficiency Services Ltd (EESL) will soon float another global tender for 10,000 electric vehicles to be deployed across the country for government use, a senior executive has said.  EESL, which is a joint venture of PSUs under the...

LG to launch IoT enabled ceiling fans in Indian market by June

South Korean consumer electronics maker LG would foray into the premium ceiling fans segment this season, which will have advance features such as Internet of Things (IoT) technology, a top company official has said. The smart fans would be connected...

A look at top stories of the week

Happy Sunday! As the week comes to an end, it’s time to take a look at the big news stories that took place this week. So, here are this week’s top highlights from the world of electronics: Telecom subscribers in India...

Toyota supports Centre’s decision of not bringing EV policy

Toyota Kirloskar Motor has welcomed the government’s recent announcement of not bringing any electric vehicle policy. The company released a statement confirming its stand on the government’s decision. The company said that it understands the current position of the...

Vikas Group to focus on EV and hybrid vehicle technology

Faridabad based automotive components vendor The Vikas Group, which made its mark as a supplier of cooling systems to Maruti Suzuki, the country’s largest carmaker, is now aligning with the auto major’s plan to produce electric vehicles.  The Rs 2,000...

Committed to investing $5 billion in Maharashtra: Foxconn

Foxconn, the world’s largest contract manufacturer, has said that it will keep its commitment of investing $5 billion in Maharashtra, as outlined in a memorandum of understanding (MoU) signed in 2015. The company executives spoke to officials in the Maharashtra...

Govt unveils draft National Auto Policy to promote green mobility

The government today sought stakeholders' comments on a draft National Auto Policy, which seeks to promote clean and safe mobility and adopt a long-term roadmap to harmonise emission standards with global benchmarks by 2028. The policy also envisages propelling India's...

Roadmap for 5G rollout by June, says Telecom Secretary

Telecom Secretary Aruna Sundararajan on Friday said the Department of Telecommunications (DoT) will unveil the roadmap for 5G or fifth-generation by the end of June. "The DoT has received good inputs on 5G in the new telecom policy or NTP...

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Recent Posts

Handset makers may invest Rs 6,000 crore for more local inputs

India could see investments of up to $900 million (about Rs 6,000 crore) in the next two years from leading handset makers and global...

Ericsson to relocate India headquarters to a smaller office

Swedish telecom gear company Ericsson is relocating its India headquarters to a smaller office amid pressure on revenue from consolidation in the country's telecom...

Mivi to start manufacturing its products in India

With an aim to see a 300 percent jump in its sales, homegrown electronics brand Mivi on Monday said it will start manufacturing its...

Bharat Forge to set up two plants for making EV and hybrid vehicle parts

Bharat Forge, the Pune-based multinational with a presence across automotive, power, oil and gas, construction and mining, rail, marine and aerospace, has confirmed plans...

JSW Energy inks MoU with Maharashtra to make EV, storage system

Sajjan Jindal led JSW Energy announced on Monday that it has signed a pact with Maharashtra for setting up manufacturing unit for electric vehicles...
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