India will have 50% non-fossil fuel energy by 2030: PM

30 Aug 2022 CW Team

Prime Minister Narendra Modi claimed this week that by 2030, 50 per cent of India's energy production will be through non-fossil fuel, and by 2070 it plans to be 'Net Zero'.

Addressing a public rally on the completion of 40 years of Japan's Suzuki Motor Corp at Gandhinagar in Gujarat, he said that a silent revolution is taking shape in India with rising demand for electric vehicles. The state and Central governments have extended incentives and subsidies for the EV sector.

Remembering his first interaction with Suzuki's Chairman 13 years ago, Modi added, "When the Suzuki chairman showed interest in setting up a plant in Gujarat, I was confident that with each passing year the company will come to know how much Gujarat is committed to development."

The Prime Minister said, "I wanted to create a mini-Japan in Gujarat … now the state has many golf courses, Japanese restaurants and even locals have started learning Japanese. Even Japan has special love for Gujarat and as many as 125 Japanese companies are functioning in the state. It looks like mini-Japan."

Acknowledging Japan's 'kaizen' management concept, Modi said he brought the kaizen-related experiences and learning of Gujarat to the Prime Minister's Office and other Central government departments.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..