March 19, 2025
India's solar cell and module imports decline by 20% and 57% in first eight months of FY25: Report
India’s solar cell and module imports declined by 20% and 57%, respectively, in 2024-25, driven by the Production-Linked Incentive (PLI) scheme and domestic manufacturing expansion, strengthening self-reliance.
India’s real estate investments surged 88% YoY to US$ 3 billion in H2 FY24, led by office, industrial, and logistics sectors, with strong foreign inflows.
India’s motorcycle parts exports grew 27.09% in three years, driven by the Production-Linked Incentive scheme, reaching US$ 709.22 million in April-January of FY25 from US$ 558.05 million in FY22.
Indore to set up India’s First Public-Private Partnership (PPP) green waste processing plant
Indore will launch India’s first green waste processing plant under the Public-Private Partnership model, converting waste into eco-friendly products and supporting clean energy and sustainability.
Vigyan Dhara: A Catalyst for India’s scientific progress
India boosts Vigyan Dhara funding to US$ 164.63 million for FY26, advancing scientific research, innovation, and global leadership in technology under Viksit Bharat 2047.
India may feature among the top five markets for Mercedes-Maybach soon
Mercedes-Benz India achieved its best-ever sales in 2024, growing 12.4% YoY to 19,565 units, with Maybach sales rising 145%, positioning India to enter the top five global markets for Mercedes-Maybach.