Lithium-ion battery demand in India to grow to 127 gigawatt hour by FY30

IANS | November 16, 2024 11:50 AM

New Delhi, Nov 16 (IANS) The lithium-ion battery demand in India is set to grow exponentially to 54 gigawatt hour (GWh) by FY27 and 127 GWh by FY30, as the country sets an ambitious target to meet 50 per cent of its primary energy requirement from renewable energy by 2030.

India’s insurance sector growth surpasses China, Thailand: McKinsey

IANS | November 15, 2024 11:55 AM

New Delhi, Nov 15 (IANS): India’s insurance sector clocked a robust 11 per cent compound annual growth rate to cross the $130 billion mark during FY2020-23, surpassing Asian peers China and Thailand, which grew at less than 5 per cent, according to a McKinsey report.