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Last updated: 05 Aug, 2026  
 India Industry
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India’s EV sales likely to grow 55 pc annually through 2034
IANS | 05 Aug, 2026
India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on Wednesday.
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      Headlines
auto.jpg India's auto parts industry likely to grow 10 pc through FY30
IANS | 30 Jul, 2026
India’s auto component industry is likely to grow at a compound annual growth rate of about 10 per cent through fiscal 2030 as manufacturers diversify into higher‑margin precision engineering sectors such as semiconductor equipment, defence, aerospace and data‑centre power generation, a new report has said. 
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startup.jpg Govt-backed EDF mobilises Rs 1,335.77 crore for 128 startups, companies
IANS | 29 Jul, 2026
The government's Electronics Development Fund (EDF) has helped channel investments worth Rs 1,335.77 crore into 128 startups and companies engaged in Electronics System Design and Manufacturing (ESDM) and Information Technology (IT), according to an official statement on Wednesday. 
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steel.jpg India's steel sector keeps up growth momentum in April-June: Govt
IANS | 24 Jul, 2026
India’s production of finished steel during June this year went up to 13.5 million tonnes, which represents a 3.8 per cent increase over the corresponding figure of 13 million tonnes in the same month last year, according to data released by the Ministry of Steel on Friday. 
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coal.jpg India aims to scientifically close 147 coal mines over next 2-3 years
IANS | 23 Jul, 2026
India has transformed the philosophy of mine closure, viewing it not as the end of mining but as the beginning of new opportunities for people, communities and sustainable development, according to the government. 
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