India Electric Mobility Council demands continuation of incentives for electric vehicle sector

New Delhi: Industry body IEMC on Thursday demanded continuation of incentives given to electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from estimated 125 million. According to India Electric Mobility Council (IEMC), India Energy Storage Alliance (IESA) has estimated that on discontinuation of the…

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Vedanta in process of typing up with world-class tech partner for semiconductor: Anil Agarwal

Gandhinagar/ New Delhi: Indian conglomerate Vedanta’s Anil Agarwal on Friday outlined ambitious semiconductor manufacturing plans for India, saying that the global mining company has identified a world-class technology partner and is in the process of tying up with them, its Chairman Anil Agarwal said on Friday. “Vedanta is fully committed to build semiconductor and display fab….

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India, Japan sign pact for semiconductor development

New Delhi: India and Japan on Thursday signed an agreement to develop the semiconductor ecosystem, including research and manufacturing, Union minister Ashwini Vaishnaw said on Thursday. The agreement was signed between Vaishnaw and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura in the national capital. “Japan and India have signed a memorandum for semiconductor design,…

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Foxconn withdrawal from Vedanta JV has no impact on India’s semiconductor goals: MoS IT

New Delhi: Taiwanese electronics manufacturer Foxconn’s decision to pull out of Vedanta joint venture has no impact on India’s semiconductor fabrication plant goal, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday. Foxconn has decided to pull out of the semiconductor joint venture with billionaire Anil Agarwal-promoted Vedanta. “This decision of Foxconn to…

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ISRO to transfer SSLV to private sector

New Delhi: The Indian Space Research Organisation (ISRO) will soon transfer its Small Satellite Launch Vehicle (SSLV) to the private sector, after conducting two development flights of the rocket that seeks to provide on-demand services to put satellites weighing up to 500 kg in a low-earth orbit. The space agency has decided to opt for the…

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First IIT campus outside India to come up in Tanzania

New Delhi: The first IIT campus outside India will come up in Tanzania’s Zanzibar and it is expected to launch academic programmes in October, the Ministry of External Affairs (MEA) said on Thursday. External Affairs Minister S Jaishankar, currently visiting Tanzania, described the move as a “historic step” that reflected India’s commitment to the Global…

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