Modi has done more for the environment than any other PM in recent history. Unfortunately, most journalists and intellectuals do not give him due credit for it. Therefore, it is not surprising that almost all appreciation that Modi gets is from international bodies, including the World Economic Forum (WEF), specifically for the role he played … Read more
A Ministerial Round Table Conference was held on 24th April, 2024, at the ongoing 26th edition of World Energy Congress in Rotterdam, Netherlands. The Round Table Conference discussed how the COP28 UN Climate Change Conference in Dubai was a game changer. The Ministerial Round Table also discussed energy innovation and collaboration, and implications in managing the evolving … Read more
American chip manufacturer Advanced Micro Devices (AMD) has announced that it will invest around $400 million in India over the next five years and will build its largest design centre in the tech hub of Bengaluru. AMD’s Chief Technology Officer Mark Papermaster made the announcement at Semicon India 2023 in Gandhinagar, which was inaugurated today by PM Narendra Modi. … Read more
On the 29th of June, the Board of Executive Directors of the World Bank approved $1.5 billion in financing to India. Its aim is to accelerate India’s development of low-carbon energy. It will help India promote low-carbon energy in three separate ways. First, with more finance at its disposal, India will scale up and accelerate the pace … Read more
EV giant Tesla has signed a strategic deal with Tata Electronics to procure semiconductor chips for its global operations, as reported by The Economic Times. As per the report citing official sources aware of the development, the deal was signed quietly a few months ago. However, both Tesla and Tata Electronics have not commented on these developments. Consequently, specific … Read more
Electric vehicle (EV) manufacturing giant Tesla is reportedly looking to set up a joint venture with Reliance Industries Limited (RIL) to establish an EV manufacturing arm in India. According to a report in The Hindu Business Line citing sources, the talks for a joint venture between Billionaires Elon Musk and Mukesh Ambani are currently in the initial stages. This comes amid … Read more
The long wait for entry of Tesla cars may be over as the Indian government is reportedly working on a new electric vehicle policy reducing import duty on imported cars. According to a report by Reuters, officials in the Modi government have said that the new policy could allow automobile companies to import fully-built electric cars to … Read more
In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles (EVs), the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. According to a press release, the policy, approved by the Ministry of Commerce and … Read more
Adani Group plans to invest USD 14 billion (Rs 1.2 lakh crore) in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. The projected capital expenditure is 40 per cent higher than its it invested in the current financial year 2023-24, which is estimated at USD … Read more