Other Briefings
India’s Fintech Sector Secures US$778 Million in Funding in Q3 2024
India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding, a 66% increase compared to Q3 2023.
Ratan Tata: Architect of the Tata Group’s Global Empire
Ratan Tata, the Chairman Emeritus of Tata Group and a globally influential industrialist, passed away in Mumbai on October 9, 2024, at the age of 86. We look back at his legacy at the helm of the group.
India’s Emerging Semiconductor Ecosystem: Key Players
India aims to become a notable semiconductor manufacturing hub to reduce import dependencies in electronics production and frontier sectors. We note prominent distributor partners crucial for driving semiconductor adoption and growth across industries as well as beneficiaries under the India Semiconductor Mission.
Setting Standards for Manufacturing Excellence in India
We explain how setting manufacturing standards to produce high-quality goods can maximize productivity and allow your manufacturing enterprise to be a part of global supply chains.
India Shifts Gears: ‘PM E-DRIVE Scheme’ Replaces FAME to Accelerate EV Adoption
India replaces the FAME policy with the PM E-Drive Scheme, allocating INR 109 billion to boost electric vehicle adoption.
IKEA India Fast-Tracks EV Transition, Aims for 100% Electric Deliveries By 2025
Swedish furniture giant Ikea has said that it is advancing its sustainability efforts in India and plans to achieve 100 percent electric delivery vehicles by 2025 across the country.
Indian Steel and Metal Industry’s Shift Towards Renewable Energy
The Indian steel and metal industry is reportedly keen on securing renewable energy deals to reduce carbon emissions and avoid penalties under the EU’s Carbon Border Adjustment Mechanism (CBAM). CBAM, which targets carbon-intensive imports, is currently in a transitional phase from 2023 to 2025 and will be fully implemented from 2026.
India Bets Big on Newly Sanctioned Public Infrastructure Projects, Smart Industrial Cities
India has approved 12 new industrial smart cities and other infrastructure projects aimed at boosting India’s manufacturing ecosystem and reducing logistics costs.
