SUSTAINABLE MOBILITY SOLUTIONS
Siemens wins Rs 766 crore Bangalore Metro electrification order
Siemens has secured an order worth Rs 766 crore from Bangalore Metro Rail Corporation for the electrification of Bengaluru Metro Phase 2, a project aimed at sustainable public transport. The total order value is around Rs 766 crore, with Siemens Limited's share at around Rs 558 crore.
Greaves Finance appoints P. B. Sunil Kumar as CEO to accelerate EV financing
Greaves Finance, a Greaves Cotton subsidiary, appointed PB Sunil Kumar as Executive Director and CEO effective July 3, 2024. He will advance financing for electric two-wheelers via the evfin platform. With 25 years' experience, including positions at Taiki Consulting, Tata Finance Ltd, ICICI Bank, and GE Capital Services India, Kumar is also a chartered accountant.
How MSMEs are spearheading the digitisation of energy space
Whether it's a smart fuelling station in Mumbai or an AI-driven oil rig in Gujarat, MSMEs are spearheading a digital transformation that promises to redefine the country’s energy future and drive sustainability in the Indian economy.
Elastocalorics, carbon-capturing microbes among top 10 emerging technologies: WEF
The WEF said these top 10 emerging technologies focus on applications in health, communication, infrastructure and sustainability. The report also states AI will enable researchers to make unprecedented connections and advancements in understanding diseases, proposing new materials, and enhancing knowledge of the human body and mind.
Global Economic Summit 2024 to empower MSMEs through fintech solutions
India's fintech sector is set to host the 9th Global Economic Summit in Mumbai from August 8-10, 2024, focusing on 'FinTech: Accelerating the Digital Revolution.' The event features support from ONDC, DLAI, and Atal Incubation Centre - RMP, with notable speakers discussing evolving market trends and critical technologies.
Japan’s Mitsui invests Rs 200 crore in Pune-based EKA Mobility
EKA (Pinnacle Mobility Solutions) Mobility - one of the commercial vehicle manufacturers approved under the Champion OEM (Original Equipment Manufacturer) Scheme & EV component manufacturing scheme of the Rs 25,938 crore auto PLI policy - has a strategic partnership with Japan’s Mitsui and Netherlands-based VDL Groep to manufacture electric buses and light commercial vehicles.
India offers USD 500 billion investment opportunities in clean energy, other sectors by 2030
New Delhi India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said on Thursday. This was stated by Commerce Secretary Sunil Barthwal, who is in Singapore for the two-day meet of the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.
Tackling plastic pollution: A call to action for India
Plastic pollution has reached alarming levels, causing devastating consequences for the environment. From clogging waterways to threatening marine life, the pervasive presence of plastic waste demands immediate action.
Future of green jobs holds immense promise in India: Ramesh Alluri Reddy, TeamLease Degree Apprenticeship
India’s transition towards sustainability holds immense potential in creating new employment opportunities.
ET Road Safety & Safer Mobility Forum 2024: Steering a smarter, safer, and sustainable supply chain by accelerating safety tech in logistics
The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on ‘Enhancing Safety Standards in Modern Logistics and Supply Chain.’ This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.
MS Dhoni appointed as Citroen's brand ambassador in India
French automaker Citroen named former India cricket captain Mahendra Singh Dhoni as their brand ambassador in India. The company said that Dhoni aligned with their commitment to electric mobility and sustainability, and emphasised their shared dedication to customer-centric innovation. Citroen aims to reinforce its presence in the Indian market and resonate with local sentiments, particularly among cricket enthusiasts.
MG Motor India signs pact with Vertelo to deliver 3,000 EVs
MG Motor India has partnered with Vertelo to supply 3,000 EVs, aiming for fleet electrification and robust charging infrastructure. The collaboration aligns with a vision for a green and sustainable future, accelerating the shift towards sustainable transportation. MG's EV lineup, including the 'Comet' and 'ZS EV', complements Vertelo's electrification solutions.
Anand Mahindra unveils India's first electric flying taxi prototype, praises IIT Madras' innovation
Anand Mahindra, Chairman of the Mahindra Group, unveiled India's first electric flying taxi prototype, highlighting IIT Madras' role in innovation. The ePlane e200, developed by the ePlane Company at IIT Madras, aims to revolutionize intra-city commute and cargo transportation. With a travel range of 200 kilometers and speeds up to 200 kmph, the ePlane e200 signifies India's progress in electric air mobility and its emergence as an innovation hub.
How AI and data can bring another green revolution in India
India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers make informed decisions. AI aids resource management and environmental conservation, but widespread adoption requires collaboration. Farmers' active engagement with data transforms them from beneficiaries to contributors, ensuring a sustainable agricultural future driven by technology.
Kuehne+Nagel India, Magenta Mobility join hands to decarbonise road services
Kuehne+Nagel has partnered with Magenta Mobility to transition their fleet in India to electric vehicles, as part of their commitment to sustainability.
M&M, Adani Total Energies join hands to set up EV charging infra
Mahindra & Mahindra collaborates with Adani Group's Adani Total Energies E-Mobility Limited to expand EV charging infrastructure, benefiting XUV400 owners. The partnership focuses on enhancing customer experience, energy transition, and meeting climate action goals.
Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissions
Maruti Suzuki plans to increase railway transportation to cut costs and emissions. It has invested Rs 1081 crore to commission in-plant railway siding in Gujarat and aims to double production capacity to 4 million units per annum by the end of the decade.
From green hydrogen to bioplastics: Budget 2024 pushes sustainable supply chain solutions
The budget highlights boosting capital expenditure, allocating funds for the Green Hydrogen Mission and sustainable mobility.
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