Industry Today: Renewables, Mining, FMCG, Auto, Tech & Latest Updates

India’s industrial landscape begins the day with developments across energy, manufacturing, mining, technology, and consumer sectors.

Companies are expanding capacity, securing project financing, and responding to changing market conditions.

At the same time, environmental concerns are influencing major infrastructure investments.

New developments in critical minerals and industrial real estate also signal shifting priorities.

Here are the key industry updates shaping business and manufacturing activity today.

JSW Energy Secures Over INR 4,000 Crore for Renewable Projects

JSW Energy’s renewable energy arms have raised more than INR 4,000 crore through long-term loans. Axis Bank, Bank of Maharashtra, and NaBFID provided the financing for ongoing and upcoming projects. The loans carry tenures of 15 to 20 years, with competitive interest rates. The company is targeting 30 GW of total capacity by 2030.

Key Highlights:

• Axis Bank provided INR 2,000 crore through a 15-year loan.
• Bank of Maharashtra extended INR 930 crore in financing.
• NaBFID provided INR 1,130 crore with a 20-year tenure.
• JSW Energy had 14.54 GW of operating capacity by June 2026.

Britannia Reports 14% Profit Growth as Sales Reach INR 5,000 Crore

Britannia Industries reported a 14% rise in net profit during the June quarter. Sales increased 8% year-on-year to INR 5,000 crore, while net profit reached INR 591 crore. Growth was supported by e-commerce and stronger performance across general trade channels. The company also reported sequential recovery in its international business.

"Most key categories saw positive sequential momentum as we exited the quarter with a mid-teens revenue growth, anchored by rapid scaling in e-commerce and robust growth in General Trade," said Managing Director Rakshit Hargave.

Key Highlights:

• Net profit increased 14% to INR 591 crore.
• Revenue grew 8% year-on-year to INR 5,000 crore.
• E-commerce recorded strong growth during the quarter.
• Britannia continues monitoring crude prices and geopolitical risks.

Google’s $15 Billion India Data Center Faces Environmental Concerns

Google’s planned $15 billion data center hub in Andhra Pradesh faces growing environmental opposition. Activists have raised concerns about water availability and the nearby Kambalakonda Wildlife Sanctuary. The Andhra Pradesh High Court is scheduled to hear the public interest litigation on August 24. Google said it will use advanced air cooling to protect local water resources.

"Development should not be at ​the cost of livelihood of the people," Raja Rama Mohan Roy, founder of non-profit Green Visakha said at the event where he presented statistics on Visakhapatnam’s stressed water supply and demand.

Key Highlights:

• The project is being developed in Visakhapatnam.
• The city currently faces a water supply deficit.
• The wildlife sanctuary is located about 860 meters away.
• The project could create up to 188,000 jobs.

Coal India Enters Iron Ore Mining With Odisha Block Win

Coal India has secured the Gadadharpur iron ore block through a competitive auction in Odisha. The move marks the state-owned miner’s entry into iron ore mining. The block contains an estimated 258 million tonnes of iron ore resources. The development comes as India prepares for higher iron ore demand from steelmaking.

Key Highlights:

• Coal India won the Gadadharpur block in Odisha.
• The block contains 258 million tonnes of resources.
• India’s iron ore output may reach 340-345 million tonnes in 2026-27.
• Higher output could support steel and infrastructure expansion.

Also Read: Building EV Bus Ecosystems for India's Clean Mobility Goals

Urban Mining Could Meet 75% of India’s Critical Mineral Demand

Urban mining could help India address critical mineral supply challenges and reduce import dependence. The sector could potentially meet up to 75% of domestic demand within 15 years. India is also expanding policies supporting recycling and domestic critical mineral production. The government has allocated INR 1,500 crore to boost critical mineral recycling capacity.

"The economics of urban mining is quite good due to multiple trends, including environmentally-friendly recycling, dependency on China due to geopolitical issues and the Hormuz standoff, the supply-demand gap as well as operational delays in setting up new mines," Nitin Gupta, Co-founder & CEO, Attero.

Key Highlights:

• China controls nearly 90% of several critical minerals.
• Urban mining can reduce dependence on imported resources.
• Recycling could support India’s critical mineral supply security.
• Policy support is expanding across e-waste and battery recycling.

Eicher Motors Leases 4 Lakh Sq Ft Industrial Space in Chennai

Eicher Motors has leased around 4 lakh square feet of industrial space in Chennai. The seven-year agreement involves a total rental outlay of about INR 74 crore. The facility is located at Casagrand Industrial Park, with rent starting at INR 82.45 lakh monthly. The expansion comes amid strong industrial and logistics leasing activity across major cities.

Key Highlights:

• The leased area covers around 4 lakh square feet.
• The agreement runs for seven years.
• Monthly rent starts at INR 82.45 lakh.
• Chennai recorded 6.1 million square feet of leasing in H1 2026.

Apollo Tyres Reports Multi-Fold Profit Growth in Q1

Apollo Tyres reported a multi-fold increase in consolidated net profit during the June quarter. Net profit reached INR 348.87 crore, compared with INR 12.88 crore a year earlier. Revenue from operations rose to INR 7,397.79 crore from INR 6,560.76 crore. The company attributed growth to strong demand and high manufacturing capacity utilization.

Commenting on the company's performance in the first quarter, Chairman, Onkar Kanwar said: "We delivered healthy revenue growth during the quarter, supported by robust demand across market segments and sustained high-capacity utilisation across our manufacturing network."

Key Highlights:

• Q1 net profit stood at INR 348.87 crore.
• Revenue increased to INR 7,397.79 crore.
• Strong demand supported performance across market segments.
• CFO Gaurav Kumar resigned from the company and board.

The latest developments highlight continued investment across India’s industrial and business ecosystem. Renewable energy, mining, critical minerals, manufacturing, and infrastructure remain key growth areas. At the same time, companies are balancing expansion with cost pressures and environmental considerations.