Author: Dipalee Singh
| Micelio, a leader in clean mobility, hosted its second Annual Mobility Awards 2024, spotlighting trailblazers in sustainable transportation. Among the honorees, iCreate (International Centre for Entrepreneurship and Technology) received the prestigious Impact Incubator/Accelerator of the Year award for advancing clean mobility innovation and start-up growth across India. Under the leadership of CEO Avinash Punekar, iCreate has empowered early-stage ventures with world-class resources, expert mentorship, and cutting-edge technology. Its Electric Vehicle Centre of Excellence (EV CoE) provides advanced labs, testing infrastructure, and technical guidance to accelerate EV innovation tailored to India’s unique challenges. The flagship initiative, EVangelise, India’s largest EV innovation…
| Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, increase of 5% compared to the previous year. Despite an increase in power demand, the Market Clearing Price in the Day Ahead Market at Rs 3.30/unit during November 2024, declined 17.3% year-on-year. Similarly, the Market clearing price in the Real Time Market at Rs 3.46/unit…
| Piaggio Vehicles Pvt Ltd, the 100% subsidiary of the Italian auto giant, Piaggio Group, has announced a bevy of benefits for their eternally luxe and stylish Vespa, as well as the sporty and high-performance Aprilia scooters. From 3rd December until 25th December 2024, customers can book a scooter of their choice at any Vespa and Aprilia dealership near them and expect benefits upto INR 13,000. Mr Ajay Raghuvanshi, EVP, 2-Wheeler Domestic Business, Piaggio Vehicles Pvt Ltd said, “We’re excited to spread some festive cheer with our customers through this exclusive offer. Whether you’re a Vespa enthusiast or an Aprilia aficionado, there’s…
| Tata AutoComp Systems Limited (TACO), leading automotive components conglomerate serving Indian and global OEMs, announced the appointment of Mr. Manoj Kolhatkar as its new Managing Director & CEO. Commenting on the appointment, Mr. Arvind Goel, Chairman, Tata AutoComp Systems Limited, said: “It gives me great pleasure to welcome Manoj Kolhatkar to the Tata AutoComp family. His extensive industry knowledge, visionary leadership, and track record of driving transformative growth align perfectly with Tata AutoComp’s mission to innovate and excel. As we navigate an exciting phase of expansion and diversification, Manoj’s strategic acumen and commitment to excellence will undoubtedly propel us to…
| Škoda Auto India’s first-ever foray into the sub-4m SUV segment, the Kylaq, is now out with its entire range of variants and pricing. The Kylaq will come in four variant options – Classic, Signature, Signature+ and Prestige. The SUV has a starting price of INR 7.89* lakh for the Kylaq Classic trim. The top-of-the-line Kylaq Prestige AT will be on sale at INR 14,40,000 lakh. Moreover, the first 33,333 customers will get a complimentary 3-year Standard Maintenance Package (SMP). Bookings for the Kylaq open today at 4pm with deliveries to begin on January 27, 2025. Kylaq has seen a great…
| In a testament to its commitment to sustainability, Bharat Forge Ltd., India’s leading manufacturing major and global provider of high performance and innovative essential components, has been recognized with the esteemed IGBC Green Champion Award at the Green Building Congress 2024 held at the Bangalore International Exhibition Centre, Bengaluru. This prestigious award acknowledges Bharat Forge’s pioneering efforts in transformation of villages into IGBC-certified Green Villages. Key achievements of these efforts include conserving 2,625 TCM of water, benefiting 216,215 people; constructing 80 km of roads, training 764 farmers, building 34 goat sheds, establishing 7 telemedicine centers, conducting cancer screening camps for…
| The Tata Advanced Systems’ facility in Pune hosted the Ambassador of His Majesty the King of Morocco, and the Defence Attaché of Morocco to India. marking a significant step in enhancing defence collaboration and strategic partnerships.
| Delta Electronics India has been at the epicenter of shift that is needed for today’s complex industrial ecosystem of interconnected equipment and smart industrial assets for over two decades. Actively implemented a number of trends in the creation of sustainable and energy-efficient solutions for the upcoming generation of energy since it is a responsible company. The automation industry is booming, and these new additions to Delta’s portfolio reflect its commitment to innovation. They highlight the company’s flagship products and offer diverse solutions to meet consumer needs in urban environments. This series showcases three breakthrough products, each solution possesses a…
| In this insightful interview, Mr Pradeep Palelli, CEO & Co-founder of Thanos Technologies, speaks with Kaushal Dighavkar about the company’s incredible journey to achieving ₹20 crores in revenue. He shares how Thanos has leveraged drone innovation, government support, and farmer-focused solutions to revolutionise Indian agriculture. With a vision to make technology accessible to all farmers, Thanos is paving the way for a tech-driven agricultural future in India. Q. Thanos Technologies has achieved remarkable revenue growth despite being a relatively young company. What strategies and innovations have been most instrumental in reaching a revenue of 20 crores? Thanos Technologies has achieved a 20-crore revenue…
| MINISTER D. Sridhar Babu lays the foundation stone for ₹300 crore manufacturing facility near Hyderabad State Industries and IT Minister D Sridhar Babu laid the foundation stone for a new ₹300 crore manufacturing facility by Hyderabad-based Raghu Vamsi Group. The facility, spread over 2 lakh square feet on eight acres of land in the Telangana government’s Hardware Park near Hyderabad International Airport, is likely to create 2,000 jobs in the next three years. The cornerstone was laid Thursday, November 21, 2024, by the Minister Sridhar Babu, leaders of Raghu Vamsi Group, industry officials, and local dignitaries. The facility is expected…
