New Delhi, May 30 (IANS) India’s design-linked incentive (DLI) scheme is showing good results, Union Minister Ashwini Vaishnaw has said, hailing the country’s first flagship AI system on chip (SOC) ‘A2000’ at 12nm technology node designed by Thiruvananthapuram-based fabless semiconductor startup Netrasemi.The chip has now achieves successful silicon Bringup and getting ready for commercial production.“Netrasemi has designed India’s first Edge AI System-on-Chip (SoC) ‘NETRA A2000’, at…
Latest OEMs News & Updates
New Delhi, May 22 (IANS) The Indian passenger vehicle segment has witnessed strong volume growth driven by GST rate cuts, the extended summer wedding season, and healthy demand for newly launched models, despite concerns over a weak monsoon outlook and the ongoing West Asia crisis, a report showed on Friday.ICRA expects passenger vehicle industry volumes to expand by 4.6 per cent in FY27, led by the likelihood of sustained demand momentum. The moderation in growth considers the elevated base of …
New Delhi, May 20 (IANS) An estimated $110-120 billion investment is expected to flow into the Indian renewable energy sector in the next few years, primarily for solar and wind projects, a new report showed on Wednesday.By 2030, the upcoming solar and wind projects would translate into $10–15 billion opportunity in land aggregation and acquisition. This growth outlook is led by the government’s definitive targets to transition to cleaner and greener energy sources in its bid to become net z…
New Delhi, May 13 (IANS) Around 70 per cent of Indian respondents reported improved safety and 65 per cent cited enhanced driving convenience from Advanced Driver Assistance Systems (ADAS), even as a crisis of trust, rather than lack of awareness, is preventing mass adoption of advanced driver assistance systems, a report has said.Nearly 70 per cent of consumers said current ADAS systems do not perform reliably in Indian driving conditions, the report from CMR said.The firm projected ADAS penetr…
New Delhi, May 11 (IANS) Delhi Transport Minister Pankaj Kumar Singh said on Monday that the government has received nearly 700 responses to the Draft Delhi EV Policy 2026 during the public consultation process conducted over the last month. The draft policy was placed in the public domain for 30 days, until May 10, to invite comments, feedback, and suggestions from all stakeholders, including the general public.Pankaj Kumar Singh said, “The overwhelming response received from citizens, indust…
Mumbai, May 6 (IANS) Greaves Cotton on Wednesday reported a 6.2 per cent decline in profitability for the fourth quarter (Q4) of FY26.The company posted a consolidated net profit of Rs 23 crore for the quarter ended March 31, compared to Rs 24 crore recorded in the same period previous financial year (Q4 FY25), according to its stock exchange filing.Despite the dip in bottom-line performance, revenue from operations rose sharply by 21.5 per cent year-on-year to Rs 1,000 crore, compared with Rs 8…
New Delhi, April 13 (IANS) The government has accelerated the push for electric vehicles and strengthened domestic capabilities in critical minerals for clean energy technologies to reduce dependence on oil imports amid volatility in global prices and potential disruptions in supply chains due to the West Asia crisis, according to an official statement issued on Monday. Since the onset of the crisis, the Ministry of Heavy Industries has undertaken coordinated measures to sustain the growth of…
New Delhi, April 10 (IANS) Apple led the global smartphone market for the first time in the first quarter (Q1) of any year, achieving 21 per cent market share and 5 per cent YoY growth in Q1 2026, a report showed on Friday.Apple remains the most insulated brand against the memory crisis due to its ultra-premium positioning and highly integrated supply chain, according to preliminary estimates from Counterpoint Research’s Market Monitor. Continuous strong demand for the iPhone 17 series and agg…
New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday.The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA.The report expects growth across India’s passenger vehicle (PV) and tractor…
Jaipur, March 21 (IANS) With the launch of the Rajasthan Aerospace and Defence Policy – 2026 by Rajasthan Chief Minister Bhajan Lal Sharma, the state is set to emerge as a key contributor to India’s strategic self-reliance.The policy envisions Rajasthan as a major hub for the manufacturing of aircraft, helicopters, drones, missiles, avionics, satellite buses, armoured vehicles, radars, navigation, communication and control systems, robotics, and defence electronics — providing a strong boost …