Corporate Corner – October 2023

Listen to this article

IIT M and industries to partner on green hydrogen R&D

IIT Madras along with IITM Research Park is going to work with industries and research institutes on industrial R&D needs, skill development, creating incubators, testing/validation standards and policy advocacy in the green hydrogen sector. This is a part of the Hydrogen Valley Innovation Cluster in Tamil Nadu (HVIC-TN) initiative, which comprises nearly 30 companies, IIT Madras Research Park, Guidance Tamil Nadu and Tamil Nadu Industrial Development Corporation (TIDCO) besides a few consulates.

A key outcome expected, is to make HVIC-TN the hub of industrial R&D requirements to bring green hydrogen at an economical price and scale. This initiative aims to contribute significantly towards the National Green Hydrogen Mission.

At the HVIC-Tamil Nadu stakeholders meeting, Dr T R B Rajaa, Minister for Industries, Investment Promotion and Commerce, said, “HVIC is in line with Tamil Nadu’s goal of manufacturing electrolyzers, exporting green hydrogen or its derivatives and developing hydrogen economy in the state.” The minister also emphasised on the importance of creating skilled human resources and talents to meet with the industry’s requirements. He highlighted the opportunities available for entrepreneurial activities through various state government start-up initiatives.

Latest

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Newsletter

Don't miss

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity Shares aggregating up to Rs 3,750 crore, with no Offer for Sale (OFS) component. Sembcorp proposes...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and infrastructure experts, along with key stakeholders from across India’s construction sector. The conference will focus...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across the globe. However, how much stake  Bodhi Tree will take was not disclosed. A2B has a...