India’s solar, wind power capacity addition outlook lowered over 2020-2024: Bridge To India

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India’s solar and wind power capacity addition in the next five years (2020-24) is expected to take a severe hit, though the overall mood of the Renewable Energy (RE) sector continues to remain upbeat, says clean energy consultancy’s Bridge to India’s recent CEO survey report. The solar and wind power capacity addition is expected to […]

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India’s renewable industry agrees China imports should reduce, but worries over proposed duties on solar panels

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India has proposed a 20 percent basic custom duty on solar modules, solar cells and solar inverters from August to reduce imports from China amidst border tensions between the two neighbours, but industry officials said the tax will hurt business as it will be progressively raised to 40 percent by next year. Currently, solar equipment […]

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Food and food delivery firms in India jump to rescue restaurants battling Covid-19 blues as customers stay home

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Large food and beverage and food-delivery companies in India are launching programmes to provide relief to restaurants and their staff facing a tough time as people stay home due to extended lockdowns and fears of the Covid-19 pandemic. The lockdown, which has rocked the Indian economy, has been particularly harsh on the food and beverage […]

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Floods in Assam add to woes of India’s pandemic-hit tea industry

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Floods in the northeastern state of Assam have further hit India’s beleaguered tea industry already battling with a lower production due to a national lockdown triggered by the Covid-19 pandemic back in March, industry officials said. They told indoasiancommodities.com that the lockdown would result in an estimated revenue loss of at least Rs 2,100 crore […]

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Pandemic triggers demand for immunity-boosting food, tipping market dynamics

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The Covid-19 pandemic is changing food habits in India, and food and dairy companies are getting into the game by launching new products that they say help boost our immune systems to prepare us better to battle the coronavirus, Shampa Bahadur reports. Boosting immune system has never felt more urgent. Since the outbreak of the […]

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Pandemic hits imports of fruits and nuts; recovery seen slow despite demand

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The coronavirus pandemic has severely affected imports of fruits and nuts into India, as wholesale and retail points closed overnight and consignments stockpiled following the announcement of a nation-wide lockdown in March, and the situation is unlikely to change fast despite demand remaining intact. Sumit Saran, Director of SS Associates, which consults and represents trade […]

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Business battling corona pandemic’s shock, but growth plans intact, says Adani Transmission

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Supply chain breakages, sharp fall in electricity consumption due to an extended national lockdown and delays in completion of projects due to lack of manpower after migrant workforce fled back to villages on fears of the spread of the deadly coronavirus has impacted Adani Transmission’s business, but its Managing Director and Chief Executive Officer Anil […]

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