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India’s Solar Cell Manufacturing Capacity to Reach 50-55 GW by Fiscal 2027

New Delhi, India – India’s solar cell manufacturing capacity is projected to grow five-fold, reaching 50-55 GW by fiscal 2027 from 10 GW at the end of fiscal 2024, according to a…

Project industrial February 7, 2025

Industrial News

Matrix Gas to Invest ₹500 Cr in Electrolyser Manufacturing Plant in Sanand.

Matrix Gas and Renewables Ltd is set to invest ₹500 crore in establishing an electrolyser manufacturing facility at Sanand GIDC, Gujarat. The plant will have an initial production capacity of 350 MW,…

Anoop Joshi February 6, 2025

Industrial News

Rajoo Engineers Commences Business Expansion with India’s First Advanced Manufacturing Park.

Rajoo Engineers has launched its ambitious business expansion project with a Bhumi Pujan ceremony on February 5, 2025. This milestone marks the beginning of a state-of-the-art manufacturing park on 80 acres of…

Anoop Joshi February 6, 2025

Industrial News

ES Foundry Opens High-Volume Solar Cell Manufacturing Facility in South Carolina.

U.S.-based solar cell manufacturer ES Foundry has inaugurated a high-volume crystalline solar cell facility in Greenwood South Carolina reinforcing the country's push for domestic solar production. 📌 Key Highlights: 🌞 Capacity Target:…

Project industrial February 6, 2025

Industrial News

Global Manufacturing PMI Rises to 50.1 in January, Signaling Marginal Recovery.

The J.P. Morgan Global Manufacturing PMI edged up to 50.1 in January, marking the first improvement in operating conditions in seven months. However, regional disparities remain, with concerns over potential U.S. tariffs…

Project industrial February 5, 2025

Industrial News

Solex Energy Expands Solar Module Production with Advanced 800 MW Facility.

Solex Energy a leading Gujarat-based renewable energy company, has successfully launched an 800 MW solar module manufacturing facility. This cutting-edge plant is specifically designed for the mass production of n-type rectangular cell…

Anoop Joshi February 4, 2025

Industrial News

Finance Minister Nirmala Sitharaman Unveils National Manufacturing Mission in Union Budget 2025-26 to Boost ‘Make in India’ Initiative.

In a significant move to strengthen India’s position as a global manufacturing hub Finance Minister Nirmala Sitharaman announced the launch of the National Manufacturing Mission during her presentation of the Union Budget…

Anoop Joshi February 3, 2025

Industrial News

Budget 2025: Revised MSME Classification Criteria to Boost Growth and Employment.

New MSME Classification Criteria 2025 : In a significant move to support the growth of Micro, Small, and Medium Enterprises (MSMEs) Finance Minister Nirmala Sitharaman announced revised classification criteria during the Union Budget 2025 presentation. The new…

Anoop Joshi February 2, 2025

Industrial News

HENN Connector Group Inaugurates New Assembly Plant in Chennai Strengthening Indo-Pacific Presence.

In a strategic move to expand its global footprint the HENN Connector Group an Austrian leader in high-quality plastic couplings has inaugurated its new assembly plant in Chennai, India. With an investment of approximately one…

Anoop Joshi February 1, 2025