India Plans Mandatory Localization for Battery Storage Systems
India considers requiring 50% local content in battery energy storage systems to reduce import reliance and address security concerns, though costs may rise.
Category : Search result: localization
Saudi Arabia Sets New Saudization Targets & Minimum Wage
Saudi Arabia announces major Saudization decisions: 30% target for engineers with SAR 8,000 minimum wage and 70% for procurement roles. New rules aim to create more jobs for citizens.
India's Rare Earth Magnet Challenge & EV Future
India's EV ambitions face a supply chain crisis, relying 100% on imports for crucial rare earth magnets. Learn about the hurdles and the strategic path to self-reliance.
India's Battery PLI Scheme Delays Prompt Govt Rethink
India's ambitious battery manufacturing push faces significant delays with only 1.4GWh of 50GWh target achieved. Government considering deadline extensions and relaxed localization norms for PLI-ACC scheme beneficiaries.
Russia Threatens WhatsApp Ban Over Data Rules
Russia's telecom regulator Roskomnadzor warns WhatsApp could face ban for violating data localization laws. Meta given until December 2025 to comply with Russian regulations.
Mahindra: Chinese EVs Must Compete on Equal Terms
Mahindra & Mahindra welcomes Chinese EV competition but insists on level playing field and localization norms. Company reveals aggressive EV expansion plans targeting 20-25% sales by 2028.
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