Factory Summit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PLI Scheme For Batteries: With India's commitment towards renewable energy and achieving net-zero by 2070, energy storage is expected to play a crucial role in the overall energy ecosystem. Union Minister of Power, New & Renewable Energy said the government is considering to introduce another production-linked incentive (PLI) scheme for batteries. When applicable, this would be in addition to the PLI scheme for manufacturing advanced chemistry cell (ACC) batteries that was approved by the central government in May 2021.

Et Smart Manufacturing Summit: India is at a stage where it is getting into sustainable manufacturing. The challenge is to upskill, build capability in the manufacturing team, and to enable the IT powerhouse in India.

Hanif Qureshi: In his key-note address at the ET Smart Factory Summit 2023 on Tuesday Dr. Qureshi said, “Out of the government’s target of 50 GWh, 30 GWh has already been given and by next month, the remaining 20 GW will also come out.”

"Smart Manufacturing in India stands for 'sustainable manufacturing,' using advanced and responsible technologies. The auto ecosystem in the country is poised for growth, and the industry must seize the opportunity to transition to smart and sustainable manufacturing systems,” Deepak Jain, - Chairman, CII Northern Region, Chairman and MD Lumax Industries, said in his inaugural address at ET Smart Factory Summit 2023.

New for 2022, the Factory Summit Series provides a more accessible made-to-order ski setup with a faster turnaround and more economic price tag.