India added 678 MW of rooftop solar capacity in 2016-17, growing at 81 per cent over the last year, reaching total installed capacity of 1,396 MW as of March 2017. The southern state of Tamil Nadu continues to lead in rooftop solar projects in the country. With an installed capacity of...
Russia to Build Two New Nuclear Power Plants in India
India and Russia signed the General Framework Agreement and Credit protocol for Units 5 and 6 of the Kudankulam Nuclear Power plant located in the southern state of Tamil Nadu. Nuclear Power Corporation of India Ltd., and Russia’s Atomstroyexport, a subsidiary of Rosatom, will build the reactors. Each of the two...
India's Parry Nutraceuticals Gets USFDA Approval
Based in India's southern state of Tamil Nadu, Parry Nutraceuticals received the U.S. Food and Drug Administration approval for its India facility for organic micro-algae cultivation and processing. Business head, Parry Nutraceuticals, Muthu Murugappan said that some of the products that they planned to bring to market over the next two...
India's Shrimp Industry Shows Steady Growth
India’s export of shrimp was 382,959 tons in Calendar Year 2015, up 9.8 percent from the previous year India’s cultured shrimp production in the year ending March 2015 was about 426,500 tons, up 30 percent from the previous year (Figure 1). From 2005 to 2015, shrimp production has grown at...
Kia to Manufacture Cars in India
Kia Motors Corp., affiliate of South Korea's Hyundai Motor Co., will invest $1.1 billion to build its first factory in the state of Andhra Pradesh in India. The plant will have a production capacity of 300,000 vehicles a year, and it will produce a compact sedan and a sport utility...
Israel Aerospace Industries Inks 3 Deals in India
Israel Aerospace Industries, (IAI) the nation’s largest aerospace and defense firm, signed three cooperation agreements with Indian companies at the Aero India exhibition held last month in Bangalore. The agreement between IAI and India’s Bangalore-based Dynamatic Technologies Limited calls for the Israeli company to transfer technology and production capabilities to...