Economy – Page 2 – Spectra News

Aug202025 by Spectra News DeskNo Comments

NICDC will support Haryana govt in developing IMC at Hisar

Architecture, Breaking News, Business, Economy, Industry, National, States, Transport

The Amritsar-Kolkata Industrial Corridor (AKIC) initiative achieved an important milestone on Wednesday with the signing of the State Support Agreement (SSA) and Shareholder Agreement (SHA) between the National Industrial Corridor Development and Implementation Trust (NICDIT), Government of Haryana and Haryana Airports Development Corporation (HADC). Under this partnership, the National Industrial Corridor Development Corporation (NICDC) will support the Government of Haryana in developing the Integrated Manufacturing Cluster (IMC) at Hisar. It is one of the 20 projects currently being developed by NICDC in collaboration with state governments across India. These agreements reflect the Government of India’s strong commitment to support industrial growth and create world-class infrast...

Aug202025 by Spectra News DeskNo Comments

Re Sustainability launches twin green initiatives to advance circular economy, responsible living

Breaking News, Business, Economy, Energy, Environment, States

Re Sustainability Limited (ReSL), Asia’s leading provider of circular economy solutions, on August 19, 2025, announced the launch of two impactful sustainability initiatives this festive season. These include the 18th edition of its award-winning Green Ganesha campaign (#ReBIGGreenGanesha), in collaboration with 92.7 BIG FM, and the introduction of its smart, app-based waste collection platform, Aakri - Powered by Re Sustainability. Re Sustainability launches twin green initiatives to advance circular economy, responsible living The twin initiatives were launched at My Home Bhooja, in the presence of residents who actively participated in the celebrations. Together, these initiatives aim to strengthen the circular economy and inspire eco-conscious respons...

Aug152025 by Spectra News DeskNo Comments

Inox Green signs agreement for comprehensive O&M of 182 MW of wind projects

Breaking News, Business, Economy, Energy, Industry

Inox Green Energy Services Ltd., India’s leading renewables operations and maintenance (“O&M”) service provider, on August 13, 2025, announced that the company has entered into an agreement with one of the largest and most diversified Indian conglomerates for the comprehensive O&M of 182 MW of operational wind projects housed under its renewable energy arm. The projects are located across multiple sites in Western India plugged into the common infrastructure owned by Inox Green. The agreement involves the conversion of limited scope to comprehensive O&M for 82 MW of wind projects, as well as the renewal of comprehensive O&M for another 100 MW of wind projects, much ahead of its due renewal. The contract spans the entire balance life of the wind projects. ...

Aug152025 by Spectra News DeskNo Comments

MICE industry eyes $100 billion by 2030

Breaking News, Business, Economy, Industry

The Indian Meetings, Incentives, Conferences & Exhibitions (MICE) industry is at a pivotal point, with revenues projected to double and a goal to reach $100 billion by 2030. Industry leaders emphasized that this immense growth must be built on five key pillars: adopting technology, developing sustainable infrastructure, expanding venues beyond major cities, upskilling the workforce, and making sustainability a non-negotiable priority. Initiatives like 'India Expo Shop 2025' and 'EventFull Bharat' are seen as crucial platforms for fostering collaboration, innovation, and skill development, ensuring a lasting and responsible legacy for the industry. EventFull Bharat The 5th edition of India Expo Shop 2025, organised by the Indian Exhibitions, Conferences & Events Services A...

Aug102025 by Spectra News DeskNo Comments

RR Kabel launches series of future ready wires

Breaking News, Business, Economy, Industry, Technology

RR Kabel, a leading manufacturer of wires and cables in India, on August 7, 2025, announced a series of next-generation wire solutions crafted to address the evolving demands of Indian homes and infrastructure in an era marked by rising temperatures and increasing electrical loads. The new product line features Flamex HR+FR , Superex Green HR+FR, and Firex LS0H-EBXL—each engineered to deliver superior safety, performance, and sustainability across diverse applications. Rajesh Kabra, Executive Director, RR Kabel “As homes grow smarter and temperatures rise due to global warming, wires must evolve too”, said Mr. Rajesh Kabra, Executive Director, RR Kabel. “Our new range is built not just for today’s demands—but to anticipate the challenges of tomorrow, from higher temperatures and heav...

Aug102025 by Spectra News DeskNo Comments

imm India to be held in New Delhi from March 11 to 14, 2026

Architecture, Breaking News, Business, Economy, Industry

The inaugural full-scale edition of imm India , a premier B2B platform designed to drive the next phase of growth in the Indian interiors and furniture industry, will be held from March 11 to 14, 2026, at Yashobhoomi (IICC), Dwarka, New Delhi, bringing together India’s most innovative brands and future-forward interior solutions under one roof. imm India, was officially launched by Koelnmesse Pvt. Ltd. at an exclusive event held at the India Habitat Centre, New Delhi on August 5, 2025. The exclusive launch event brought together key stakeholders in a city that naturally connects policy, commerce, and design, setting the tone for a platform that aims to foster innovation, collaboration, and industry-wide progress. The launch took place in the esteemed presence of Dr. Ajay Sahai, D...

Aug22025 by Spectra News DeskNo Comments

Industry officials see little merit in market coupling; say Jan 2026 timeline ambitious

Breaking News, Business, Economy

The Central Electricity Regulatory Commission’s proposed implementation of market coupling in Day Ahead Market segment of power exchanges from January 2026 will usher in little benefits for the power sector and is contrary to the findings of the pilot study conducted by Grid Controller of India, industry officials said on July 30. The officials noted that marginal improvements do not offer a compelling rationale for implementing market coupling on a full scale, particularly in the absence of a detailed robustness and sensitivity analysis. They added that even the January 2026 timeline for implementation is ambitious. “The results of the shadow pilot conducted by Grid-India released July 23rd 2025 do not indicate any significant benefits from market coupling. This is in line with the ...