Industry Archives - Page 12 of 16

Industry

Government Plans Scheme to Boost Battery Component Manufacturing

By BPN News Desk January 16, 2025

The government is reportedly working on a comprehensive scheme to promote the domestic manufacturing of critical battery components, marking a significant step toward boosting clean energy initiatives and reducing reliance on imports. This initiative is seen as pivotal to fostering a robust ecosystem for electric vehicles (EVs) and energy storage systems. Focus on Battery

Industry

Government Initiates Measures to Alleviate MSME Compliance and Financing Challenges

By BPN News Desk January 16, 2025

The Indian government is engaging with stakeholders to streamline compliance procedures and enhance financing avenues for Micro, Small, and Medium Enterprises (MSMEs).

Industry

Indian Aviation Industry Faces ₹2,000-3,000 Crore Loss in FY25

By BPN News Desk January 15, 2025

The domestic aviation industry in India is projected to face a net loss of ₹2,000-3,000 crore in the financial year 2025, according to a recent report. The anticipated losses stem from persistent challenges, including elevated costs, fluctuating fuel prices, and competitive pressures on ticket pricing. High Operating Costs Impact Margins The report highlights that while

Industry

Indian Cement Industry: A Leader in Sustainability and Growth

By BPN News Desk January 14, 2025

The Indian cement industry is emerging as a key player in driving sustainable and positive change in both environmental and economic spheres. With a focus on adopting green practices, technological advancements, and innovation, the industry is setting new benchmarks for growth and sustainability. Sustainability Initiatives at the Forefront As one of the largest cement

Industry

India’s Industrial Output Growth Reaches 6-Month High of 5.2% in November

By Editor - News Desk January 13, 2025

India's industrial output increased by 5.2% year-on-year in November, marking a six-month high, driven by strong performances in manufacturing, electricity, and mining sectors.