The philosophy is clear: build in India, for the world

30 Oct 2025 CW Team

Founded in 2012 by Mainak Chakraborty and Sreekrishna Sankar, GPS Renewables has grown from a two-member startup into a 900-strong clean-tech leader with revenues crossing ₹ 1,000 crore. In an interaction with CW, Vikraman Venu, Senior Vice President - SAF and Strategic Partnerships, GPS Renewables, discusses Project NG SAF – the company’s collaboration with CSIR-NCL to commercialise India’s first ethanol-to-jet (SAF) technology, marking a milestone in sustainable aviation fuel production and reinforcing India’s leadership in indigenous clean-energy innovation.

How did the collaboration with CSIR-NCL evolve and how did you translate a lab-scale concept into commercial viability?

GPS Renewables explored several global ethanol-to-jet-fuel technologies and discovered that no commercial-scale plant had yet succeeded. This gap inspired the collaboration with CSIR-NCL to develop an indigenous, catalyst-based, ethanol-to-SAF pathway...

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Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..