Tag: Battery technology
Acquisition: Himadri Speciality Chemical Invests in International Battery Company
Anurag Choudhary, the big boss at Himadri Speciality Chemical, the largest speciality carbon black maker in India, made a power move on Thursday. The company's board gave the green light to acquire a 16.24%...
Exempting Duty on Capital Goods for Lithium-Ion Battery Production: Proposal by FM
Finance minister Nirmala Sitharaman made a significant announcement during the Union Budget, proposing to extend duty exemptions on capital goods used in the manufacturing of lithium-ion batteries. This move is aimed at boosting domestic...
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Future of Electric Vehicles in India: Piyush Goyal on Subsidy Phaseout
Electric Vehicles Industry in India Unanimous on Subsidy PhaseoutIn a recent meeting with commerce minister Piyush Goyal, all sections of the electric vehicle (EV)...
