HELM AG, a global chemical company, and Parijat Industries (India) Limited, an India-headquartered agrochemical company, announced a multi-faceted strategic collaboration spanning digital commerce, branded crop protection products, technical manufacturing and international distribution.

Through this partnership, the companies aim to combine HELM’s global agri-input portfolio and technology platforms—including its portfolio company PEAT GmbH, the developer of the Plantix digital agriculture platform—with Parijat’s manufacturing infrastructure, formulation capabilities and global distribution network. As a result, the collaboration seeks to strengthen market access, accelerate product development and create new opportunities for farmers and agricultural stakeholders in India and international markets.

Strengthening Parijat’s Digital and Market Presence in India

As part of the strategic collaboration, Parijat will acquire a retailer-focused digital commerce platform and its associated retailer database. This move is expected to enhance procurement efficiency, improve market access and strengthen product distribution across key regions. In addition, Parijat will work closely with the Plantix team to leverage its farmer-connect and demand-generation capabilities. The partnership will also enable the exclusive integration of selected features to support direct-to-farmer marketing initiatives. The collaboration will establish a new branded product line in India. Parijat and its subsidiary, Leeds Lifesciences, have secured exclusive rights to use the HELM brand in India. Parijat also intends to introduce HELM’s Plant Advantage Line, comprising biostimulants and biological products, to the Indian agricultural market.

Expanding Manufacturing Collaboration for Global Markets

Beyond India, the partnership positions Parijat’s manufacturing and patented formulation development capabilities to support HELM’s global requirements. Parijat intends to develop technical manufacturing capabilities for proprietary molecules developed by HELM. At the same time, the companies aim to establish Parijat as a toll manufacturing partner for HELM’s global active ingredient and formulation requirements. Consequently, the collaboration could strengthen Parijat’s role in the international agrochemical supply chain while creating opportunities for technology transfer, product development and manufacturing growth.

Opening New International Markets for Parijat

The strategic alliance also aims to expand the international reach of Parijat’s products. Through HELM’s established distribution network, Parijat plans to explore opportunities in Latin America, Canada and Southeast Asia. Additionally, Parijat intends to leverage HELM’s global sourcing network to improve procurement competitiveness. The company also plans to engage with HELM’s network of multinational innovators, positioning itself as a preferred product co-development partner in India. Together, these initiatives aim to create stronger cross-border synergies across sourcing, manufacturing, innovation and distribution.

Digital Agriculture to Strengthen Farmer Engagement

Uday Raj Anand, CEO – Domestic Business at Parijat Industries, said the partnership represents an important step towards the company’s vision of using digital technologies to strengthen farmer advisory and distribution in the agrochemical industry. He said, “The partnership with HELM and Plantix is an important step towards Parijat’s vision towards the use of digital technologies for farmer advisory and distribution in the Agrochemical industry. HELM is a multi billion dollar 125 year old company headquartered in Germany with a global presence. The opportunity to launch a line of products carrying the HELM brand name in India is an exciting step for our company and a testimony to Parijat’s global reputation for trust and quality.”

Leveraging Global Sourcing and Distribution Strengths

Shivraj Anand, CEO – International Business at Parijat Industries, highlighted the potential to combine the companies’ sourcing and distribution capabilities across global markets. He said, “With this global strategic partnership, HELM and Parijat have the opportunity of leveraging each other’s sourcing and distribution strength across continents and aim to truly create a winning solution for farmers. I look forward to working with the HELM teams and their partner companies across countries whilst also introducing their innovative biological solutions through our own network of distribution companies across the globe.”

HELM Sees Parijat as a Strong Strategic Partner in India

Welcoming Parijat Industries into HELM’s global partner network, Stephan Schnabel, CEO at HELM AG, emphasised that the collaboration extends beyond commercial opportunities and is built on trust, shared values and complementary capabilities. He said, “For HELM, partnerships have never been only about commercial opportunity. They are about trust, shared values and the belief that together we can create more value than either side could achieve alone.” Schnabel added that Parijat’s expertise in distribution, product development and manufacturing, combined with its entrepreneurial approach and commitment to ethical business practices, made it a strong strategic partner for HELM in India. He further highlighted India’s growing importance in the future of global agriculture and said that combining HELM’s international experience and network with Parijat’s strong local capabilities could create significant value for customers, growers and the broader agricultural value chain.

A Strategic Step for Global Agrochemical Growth

The collaboration between Parijat Industries, HELM AG and Plantix brings together digital agriculture, crop protection, biologicals, manufacturing and international distribution under a broader strategic framework. As per the press release, the partnership aims to strengthen agrochemical innovation, digital farmer engagement, technical manufacturing and global market access. By combining their respective strengths, the partners seek to develop scalable solutions that can support farmers while expanding their presence across India and key international agricultural markets.

MC²+, a brand of MC² Foundation, has launched MC²+ Ignite, a sector-specific accelerator programme aimed at supporting deep-tech startups developing innovative technologies for India’s rapidly evolving energy sector. Driven by the vision and strong support of the Ministry of Petroleum & Natural Gas (MoPNG), MC² Foundation has made significant progress within a short span of time. The launch of MC²+ Ignite marks an important step in creating a stronger innovation ecosystem that connects industry challenges with cutting-edge research, technology and entrepreneurship. Moreover, the participation of the CMDs of India’s leading oil and gas companies demonstrates the strong commitment of MoPNG and the energy industry towards this collaborative initiative.

MoPNG Secretary and Industry Leaders Launch MC²+ Ignite at IIT Madras

Dr. Neeraj Mittal, Secretary, MoPNG, along with the CMDs of India’s oil and gas companies and the Chairman of bp India, officially launched MC²+ Ignite at IIT Madras. The initiative brings together some of India’s most important energy stakeholders to identify technology challenges and support startups capable of developing scalable solutions for the sector.

Creating a Common Platform for Industry Challenges and Innovation

Addressing the gathering during the launch समारोह at IIT Madras, Dr. Neeraj Mittal, Secretary, MoPNG, and Chairman, MC² Foundation, explained the Foundation’s core objective. He said MC² Foundation was established to bring the technology problem statements of India’s major oil, gas and energy companies onto a single platform. The Foundation aims to connect these challenges directly with academic research institutions and startups while supporting promising ventures in their journey towards global scale. As a result, the initiative seeks to create stronger collaboration between industry, academia and startups, while reducing duplication of research and investment.

Addressing Duplication and Fragmentation in Energy Research

Explaining the need for such a collaborative platform, Dr. Mittal highlighted the fragmentation that MC² Foundation aims to address. “Several of our companies can be working on the very same catalyst at the same time. That is duplication of work, of investment and of bureaucracy — and it comes with no direct interface to the institutions where the research is actually happening.” By bringing technology challenges onto a common platform, MC² Foundation aims to improve coordination, optimise investments and establish a more direct connection between industry requirements and scientific research.

Energy Innovation Is Fundamental to India’s Future

Emphasising the critical importance of energy, Dr. Mittal underlined the fundamental role it plays in economic and social development. “If there is no energy, there is no life, no economy, no business, no food and no water.” He also stressed that India’s innovation ecosystem must look beyond the domestic market. According to him, achieving the vision of Viksit Bharat will require Indian companies and startups to develop technologies and products capable of competing at a global scale. “We cannot become a Viksit Bharat by focusing on the Indian market alone. We have to produce at a global scale — that is how costs come down,” Dr. Mittal Said.

Supporting Startups from Innovation to Market

Addressing the founders and innovators present at the launch, Dr. Mittal assured them that MC² Foundation intends to support startups throughout their growth journey. The support ecosystem will include technical and managerial mentorship, assistance in accessing funding and greater market visibility. Importantly, the initiative also seeks to provide startups with the confidence that successful technologies can find a pathway to adoption within India’s energy ecosystem. “We will be with you through the entire cycle — mentorship that is both technical and managerial, help with funds, and the visibility that a PSU will procure your product when it is ready. You should not have to worry about whether a market exists.”

Building India’s Next Generation of Energy Technologies

With the launch of MC²+ Ignite, MC² Foundation has taken a significant step towards building a structured innovation pipeline for India’s energy sector. By bringing together MoPNG, public sector energy companies, global industry participants, academic institutions and deep-tech startups, the initiative aims to transform industry challenges into commercially scalable technologies. As per the press release, MC²+ Ignite could help strengthen India’s energy innovation ecosystem, reduce duplication in research and development, accelerate technology commercialisation and support Indian startups in building solutions not only for the domestic market but also for the global energy transition.

Mitsubishi Chemical Corporation has decided to commercialize ultra-high-purity colloidal silica for use as a raw material in polishing agents for advanced semiconductor manufacturing. The company plans to establish new production facilities at its Kyushu Plant in the Fukuoka Area of Kitakyushu City, Fukuoka Prefecture, with commercial operations scheduled to begin in October 2028. The investment will strengthen Mitsubishi Chemical’s capabilities in high-purity materials for the semiconductor industry, where increasingly precise surface processing is essential for advanced device manufacturing.

Colloidal Silica Supports Semiconductor Wafer Polishing

Colloidal silica serves as an important raw material for surface polishing agents used on silicon wafers. It is also used in chemical mechanical polishing (CMP) slurries for processing interconnect layers on silicon wafers. As semiconductor devices become increasingly sophisticated, manufacturers require highly precise wafer surfaces. During the polishing of silicon wafer wiring layers, manufacturers must simultaneously achieve a high material removal rate, nanoscale surface flatness, extremely low impurity levels and minimal scratching. Therefore, the characteristics of colloidal silica particles—including their shape and physical properties—must be carefully controlled according to the material being polished.

Ultra-High Purity Enables Advanced Semiconductor Applications

Mitsubishi Chemical’s new product uses an ultra-high-purity raw material, tetramethoxysilane, which helps minimise impurity levels during production. The company will manufacture the colloidal silica through an integrated production process, allowing greater control over material quality and consistency. This high-purity approach is particularly important for advanced semiconductor applications, where even extremely small levels of contamination can affect wafer processing and device performance.

Customised Particle Properties for Customer Requirements

In addition to achieving high purity, Mitsubishi Chemical plans to customise the properties of its colloidal silica according to customer requirements. Drawing on its advanced technical expertise and experience accumulated over many years, the company can control key parameters such as particle size and density. The flexibility enables Mitsubishi Chemical to develop colloidal silica materials suited to different semiconductor polishing applications and process requirements.

Supporting the Growth of Advanced Semiconductor Manufacturing

The commercialisation of ultra-high-purity colloidal silica represents another step in Mitsubishi Chemical’s efforts to expand its portfolio of advanced materials for the semiconductor industry. By combining high-purity raw materials, integrated manufacturing and customised particle engineering, the company aims to provide polishing-material solutions that support the increasingly demanding requirements of advanced semiconductor production. As per the press release, with the Kyushu production facilities expected to begin commercial operations in October 2028, Mitsubishi Chemical is positioning itself to meet growing demand for high-performance materials used in next-generation semiconductor manufacturing.

The Fraunhofer Institute for Applied Polymer Research IAP, the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT, and South Korean energy company SGC Energy signed a Memorandum of Understanding (MoU) to jointly advance technologies for energy conversion, carbon utilization and energy storage.

The collaboration will focus on CO₂ electrolysis, hydrogen technologies, fuel cells and battery systems. By combining advanced materials research, electrochemical engineering and industrial implementation capabilities, the partners aim to accelerate the development and commercialization of technologies that can support a more climate-neutral industrial sector.

Turning CO₂ into a Valuable Industrial Feedstock

As industries move towards decarbonisation, carbon dioxide is increasingly being viewed not only as an emission to be reduced but also as a potential feedstock for producing valuable chemicals and fuels. A major focus of the new partnership will therefore be the electrochemical conversion of CO₂. Using electrical energy, CO₂ can be converted into feedstocks for chemical products and synthetic fuels. One promising application is the production of sustainable aviation fuels (SAF). In South Korea, CO₂ electrolysis is regarded as a promising technology pathway for SAF production and supports the country’s broader decarbonisation strategy. Through the collaboration, SGC Energy plans to integrate its carbon capture facilities with technologies developed by Fraunhofer IAP and Fraunhofer UMSICHT. As a result, the partnership aims to establish a foundation for the industrial deployment and commercialization of CO₂ utilization technologies in South Korea while reducing long-term dependence on fossil-based feedstocks.

Advanced Membranes to Improve Electrolyzer Efficiency

Efficient and reliable electrochemical systems require high-performance materials and durable components. In particular, membranes play a critical role in CO₂ electrolysis and other energy conversion technologies.

Membranes selectively separate substances and enable ion transport, directly influencing the efficiency, selectivity and operational lifetime of electrochemical systems. While established membrane technologies already support hydrogen electrolysis, CO₂ electrolysis still requires further material development to achieve reliable and cost-effective industrial-scale deployment.

“With this cooperation, we are creating a framework in which material development, system integration, and practical application are considered together from the outset. Whether in CO₂ electrolysis, hydrogen, fuel cells, or batteries, a climate-neutral industry requires high-performance materials, robust components, and partners who consistently drive research toward practical application,” said Professor Alexander Böker, Director of Fraunhofer IAP.

Fraunhofer IAP Develops Advanced Energy Materials

Fraunhofer IAP will contribute its expertise in polymeric energy materials and their scale-up to industry-relevant applications. Its work includes the development of PFAS-free high-performance membranes for electrolyzers, as well as polymer solid electrolytes and binders for battery technologies. These advanced materials aim to improve the performance, energy efficiency and durability of electrochemical systems.

Furthermore, PFAS-free membrane technologies could offer additional advantages as regulatory attention increasingly focuses on the use of PFAS chemicals. By tailoring membrane and material properties, the researchers aim to develop electrochemical systems that are more efficient, durable and powerful.

Fraunhofer UMSICHT Focuses on CO₂ Electrolysis and System Scale-Up

Complementing the materials expertise of Fraunhofer IAP, Fraunhofer UMSICHT will contribute its experience in electrochemistry, plant engineering and industrial-scale system development. The institute will focus on developing cost-competitive CO₂ electrolysis cells and innovative stack concepts. It also brings extensive experience in designing, scaling up and testing electrochemical systems under conditions relevant to industrial operations. Importantly, Fraunhofer UMSICHT will work to integrate CO₂ electrolysis technologies into existing industrial infrastructure. This approach aims to accelerate the transition from laboratory research to commercial-scale applications. Professor Christian Doetsch, Director of Fraunhofer UMSICHT, highlighted the importance of combining materials innovation with scalable engineering solutions. “The transformation of industrial energy systems can only succeed when new materials, electrochemical processes, and scalable plant concepts work hand in hand,” he said.

SGC Energy Brings Industrial Resources and Market Expertise

As the industrial partner, SGC Energy will contribute access to CO₂ and power resources, engineering expertise and experience across industrial value chains. By bringing market requirements into the research and development process at an early stage, SGC Energy aims to help ensure that emerging technologies address practical industrial needs and demonstrate viable commercial potential. Ken Yoon, Chief Strategy Officer of SGC Energy, described the collaboration as an important strategic step towards developing technologies required for a climate-neutral industrial future. “For us, this partnership is an important strategic step toward actively shaping the future technologies needed for a climate-neutral industry,” Yoon said. He added that the collaboration with Fraunhofer IAP and Fraunhofer UMSICHT would provide access to advanced research across CO₂ utilization, hydrogen, fuel cells and battery technologies.

Combining Materials, Systems and Industrial Applications

The partnership brings together three complementary areas of expertise. Fraunhofer IAP contributes advanced materials and membrane technologies, Fraunhofer UMSICHT provides electrochemical and system engineering expertise, while SGC Energy brings industrial infrastructure, market knowledge and commercialization capabilities. Together, the partners aim to create a more integrated pathway from material development and laboratory research to industrial-scale implementation. This combined approach could help accelerate the development of technologies that improve energy efficiency, expand the use of renewable electricity and support the production of low-carbon chemicals, fuels and energy storage systems.

Partnership Sets the Stage for Joint R&D Projects

By signing the Memorandum of Understanding, the three partners have established a framework for future joint research and development projects. In the coming months, they plan to define specific initiatives focused on CO₂ utilization, hydrogen applications, fuel cell systems and advanced battery technologies.

As per the press release, the collaboration aims to bridge the gap between scientific research and industrial deployment. By combining advanced materials, electrochemical processes, scalable engineering and commercial expertise, Fraunhofer IAP, Fraunhofer UMSICHT and SGC Energy seek to accelerate technologies that could play an important role in the transition towards a more efficient and climate-neutral industrial economy.

The 61st Annual ICC Awards Presentation Function & 17th Annual Seminar 2026 will be held on 11th September 2026 at Taj Lands End, Bandra Mumbai. It will bring together an influential gathering of industry leaders, policymakers, scientists and global chemical industry representatives to celebrate outstanding achievements and explore the ideas shaping the future of the chemical sector. The day-long event will combine thought leadership, industry insights, policy perspectives and recognition of exceptional performance. From breakthrough innovations to transformative strategies, the programme will offer valuable opportunities to learn, connect and celebrate excellence across the chemical industry.

17th Annual Seminar 2026

The seminar, themed “Recognizing Excellence of Performance in Various Facets of the Chemical Industry,” will go beyond awards and recognition. It will explore the stories, innovations, leadership and strategies that drive outstanding performance across the industry. The participants will gain perspectives from distinguished leaders representing both government and academia.

Distinguished Guests

Chief Guest
Deepankar Aron, IRS
Joint Secretary – Chemicals
Department of Chemicals & Petrochemicals
Ministry of Chemicals & Fertilizers, Government of India

Guest of Honour
Prof. Sunil Bhagwat
Director, Indian Institute of Science Education and Research (IISER), Pune

Through expert perspectives and meaningful discussions, the seminar will highlight the forces driving innovation, competitiveness and sustainable growth in the Indian chemical industry.

61st Annual ICC Awards Presentation Function

The focus will shift towards celebrating excellence at the 61st Annual ICC Awards Presentation Function. The function will honour organisations and individuals whose achievements, innovations and contributions have played a significant role in advancing the chemical industry and its future growth.

Distinguished Chief Guests

Representing the Global Chemical Industry
Dr. Markus Kamieth
Chairman – Board of Executive Directors (CEO), BASF SE
President, ICCA – International Council of Chemical Associations

Representing the Government of India

Tejveer Singh, IAS
Secretary – Department of Chemicals & Petrochemicals
Ministry of Chemicals & Fertilizers, Government of India

A Platform for Ideas, Innovation and Industry Excellence

From award-winning performance and breakthrough innovations to policy insights and global industry perspectives, the event will provide a unique platform for the chemical industry to come together. Participants will have the opportunity to gain valuable insights, engage with influential leaders, build meaningful connections and celebrate the organisations and individuals shaping the future of the chemical industry. Be part of a landmark gathering that recognises excellence, shares knowledge and inspires the next chapter of growth for the chemical industry.

Reliance Industries Ltd. proposed an investment of ₹2.73 lakh crore to develop what could become India’s first integrated underground coal gasification (UCG) complex in Andhra Pradesh. The proposed project will focus on coal blocks in Eluru district, which RIL acquired through government e-auctions. The company plans to use underground coal gasification technology to access deep coal reserves that may be difficult or uneconomical to recover using conventional mining methods.

Underground Coal Gasification to Unlock Deep Coal Reserves

UCG converts coal into synthesis gas (syngas) underground, eliminating the need to extract the coal through conventional mining before processing it. The resulting syngas can serve as a feedstock for several industrial applications, including fertilisers, chemicals and other downstream products. By adopting UCG technology, RIL aims to unlock previously difficult-to-access coal resources while creating opportunities for integrated industrial development.

RIL to Begin with Exploration and Pilot Testing

Although the proposed investment will span approximately 30 years, RIL plans to develop the project in phases. The company expects to initially invest up to ₹3,000 crore between Q3 2026 and Q4 2027. This initial phase will focus on exploration and pilot-scale testing. These activities will help RIL evaluate the geological conditions of the coal blocks, assess UCG technology performance and determine the project’s commercial viability. Based on the results, the company could subsequently move towards larger-scale development and investment.

Project Could Create Downstream Industrial Opportunities

Beyond coal gasification, the proposed complex could support the development of downstream industries in Andhra Pradesh and strengthen domestic industrial supply chains. The availability of locally produced syngas could provide feedstock for fertiliser, chemical and other industrial applications, potentially reducing dependence on imported raw materials. The project could create an integrated industrial ecosystem around underground coal gasification while adding value to India’s domestic coal resources.

Phased Approach to Assess Commercial Viability

Reliance’s initial focus on exploration and pilot testing reflects a phased approach to a large and technically complex project. By evaluating geological conditions and technology performance before committing to full-scale development, the company can assess the project’s technical and economic feasibility and refine its plans accordingly. As reported by projectstoday.ai, if successfully developed, the proposed UCG complex could mark a significant step in India’s efforts to utilise deep coal reserves and develop alternative sources of industrial feedstock.

Integrated solar power solutions provider Sunkind India Ltd is in discussions with farmers and project developers to establish agrivoltaic projects across Rajasthan, Odisha and Uttar Pradesh. Sunkind Founder and Managing Director Hanish Gupta said the company is currently involved in agrivoltaic projects and discussions in these three states. The company is supplying solar structures and is also exploring opportunities to participate in complete project partnerships. So far, most engagements have focused on supplying structures rather than directly partnering with farmers. However, discussions with farmers for potential projects are now underway.

Agrivoltaics Combine Agriculture and Solar Power

Agrivoltaic systems enable farmers to use the same land for both crop cultivation and solar power generation. Solar panels are installed above or alongside crops, allowing agricultural activity to continue while generating renewable electricity. The model can provide several benefits, including dual use of agricultural land, renewable electricity generation, reduced water consumption, improved crop microclimate, additional income through electricity sales or land leasing and lower dependence on conventional energy sources. Gupta said agriculture is gradually evolving from being an energy consumer to becoming an energy producer. By integrating solar power with farming, agrivoltaics can create additional income opportunities for farmers.

Solar Panels Can Improve Farm Microclimates

Agrivoltaic systems can also influence the conditions in which crops grow. The shade created by solar panels can help produce a cooler microclimate beneath the panels, potentially benefiting crops in hot and dry conditions. In addition, water used to clean the solar panels can be reused for irrigation, helping farmers reduce water wastage and operating costs. Therefore, agrivoltaics can potentially combine renewable energy generation with more efficient use of land and water resources.

Farmers Can Explore Multiple Revenue Models

According to Gupta, farmers can benefit from agrivoltaic projects through several models. They can lease their land for solar projects, invest directly in solar plants or participate in government-supported programmes such as PM-KUSUM, which can provide long-term and predictable payment opportunities. These models can create additional income streams while reducing farmers’ exposure to fluctuations in agricultural commodity prices.

Awareness and Trust Remain Key Challenges

Despite the potential benefits, Sunkind believes greater awareness and trust-building among farmers are necessary to accelerate agrivoltaic adoption. Gupta noted that the company currently remains more focused on structured supply engagements, while discussions around full project partnerships with farmers continue. Building greater awareness about project economics, land use, long-term returns and available government schemes could help farmers better understand the potential of agrivoltaic systems.

PM-KUSUM Could Support Solar Adoption in Agriculture

Government programmes such as PM-KUSUM could further support the integration of solar power into agriculture. According to Gupta, the scheme can help farmers reduce their dependence on diesel-powered equipment and unreliable grid electricity. Consequently, solar power can lower energy-related farm input costs while providing more predictable income opportunities. As reported by thehindubusinessline.com, as discussions progress across Rajasthan, Odisha and Uttar Pradesh, Sunkind’s agrivoltaic initiatives could contribute to the wider adoption of solar energy in agriculture, creating a model that combines clean power generation, efficient land use and additional farmer income.

Glenmark Pharmaceuticals Limited has received U.S. FDA approval for Fluticasone Propionate Nasal Spray USP, 0.05 mg/spray, further expanding its respiratory medicine portfolio in the United States. Glenmark Pharmaceuticals Inc., USA will distribute the product in the U.S. market. The approved nasal spray is bioequivalent and therapeutically equivalent to Flonase® Nasal Spray, 0.05 mg/spray, the reference listed drug marketed by Haleon US Holdings LLC under NDA 020121.

Fluticasone Nasal Spray Targets a $295 Million Market

The approval gives Glenmark access to an established U.S. nasal spray market. According to IQVIA® sales data for the 12-month period ending June 2026, Flonase® Nasal Spray recorded annual sales of approximately $295.2 million in the United States. Therefore, the approval provides Glenmark with an opportunity to strengthen its presence in the U.S. respiratory segment and expand access to an established treatment option.

Glenmark Strengthens Respiratory Portfolio

Marc Kikuchi, President & Business Head, North America, Glenmark, said the approval represents another step in expanding the company’s U.S. respiratory portfolio. He added that the company has established a strong foundation in the therapeutic area and remains focused on broadening access to quality and affordable treatment options that address the evolving needs of patients and healthcare providers.

U.S. Approval Supports Glenmark’s Growth Strategy

The latest U.S. FDA approval further strengthens Glenmark’s respiratory product portfolio and supports its broader strategy of expanding affordable pharmaceutical options in key international markets. As per the press release, with the Fluticasone Propionate Nasal Spray now approved for the U.S. market, Glenmark continues to build its presence in respiratory healthcare while leveraging its portfolio of differentiated and accessible pharmaceutical products.

Environment ministers from Brazil, Russia, India, China and South Africa (BRICS) have called for stronger international cooperation on energy access, resource conservation, clean technologies, concessional finance and technology transfer. At the same time, India’s energy storage industry has urged BRICS members, including Brazil, Russia and the UAE, to deepen collaboration on energy storage, critical minerals and clean-energy supply chains. The developments come as India seeks to expand renewable energy and energy storage while reducing its dependence on imported minerals and components required for clean-energy technologies.

BRICS Environment Ministers Adopt Joint Statement

The 12th BRICS Environment Ministers’ Meeting, held under India’s chairship in New Delhi on August 18, 2026, adopted a joint statement covering four key areas: sustainable lifestyles, forest and land management, the circular economy, and climate adaptation. The ministers emphasised stronger international cooperation, technology transfer, knowledge sharing and capacity building, while recognising the different national priorities and circumstances of BRICS members. They also highlighted the need to improve access to climate finance, particularly concessional finance for developing countries, alongside greater support for technology development and transfer.

India’s Energy Storage Industry Seeks Deeper BRICS Collaboration

The India Energy Storage Alliance (IESA) submitted recommendations to the Indian government following a virtual event organised by the Union Ministry of Power, where the alliance provided technical coordination. IESA’s recommendations focused on advanced energy storage technologies, resilient clean-energy supply chains, critical mineral security, harmonised technical standards and Joint energy storage demonstration projects.  Debmalya Sen, President of IESA, said energy storage has become essential for grid flexibility and resilience as renewable energy integration increases. He also stressed that no single storage technology can address every system requirement. Therefore, stronger BRICS collaboration across manufacturing, technology, innovation and supply chains could help build more resilient energy systems.

Energy Storage Pipeline Crosses 100 GW in India

India is rapidly expanding its renewable energy and energy storage infrastructure. According to IESA, the country’s energy storage project pipeline has crossed 100 GW, with approximately 10 GW already commissioned. However, India continues to rely heavily on imports for several critical minerals and components. During the virtual event, a government official highlighted the need to expand production-linked incentive support for battery recycling and advanced energy chemistries. The official also called for dedicated support for stationary energy storage applications. Consequently, strengthening domestic manufacturing and securing reliable international supply chains have become increasingly important for India’s clean-energy transition.

Critical Minerals Emerge as a Key Area for BRICS Cooperation

Critical minerals are becoming increasingly important as battery manufacturing, renewable energy and electric mobility expand. IESA identified Brazil’s mineral resources and processing capabilities as potential areas for deeper cooperation. José Jesus Lima Neto, Infrastructure Analyst at Brazil’s Ministry of Mines and Energy, noted that clean-energy technologies require significantly more mineral resources than conventional energy systems. He also highlighted the importance of secure upstream supplies and midstream processing for expanding battery manufacturing. IESA further noted that Brazil’s upcoming capacity reserve auction for battery projects, which includes national content requirements, could support the development of local battery supply chains.

BRICS Explores Joint Energy Storage Projects

IESA has recommended several measures to strengthen cooperation among BRICS countries. These include mutual recognition of test reports, harmonised measurement protocols and coordinated pilot projects for distributed energy storage. Shuvendu Kumar Bose, Energy Expert at the UAE Ministry of Energy and Infrastructure, highlighted the changing challenges facing renewable energy systems. According to him, transmission economics are becoming increasingly important alongside renewable energy variability. He noted that co-locating energy storage with renewable generation can improve dispatchability, reduce system costs and help manage electricity tariffs. However, this approach also requires appropriate regulatory frameworks covering tariffs and cost allocation. Yuri Vlasov, Founder and CEO of Watts Battery, Russia, highlighted the role of distributed storage in improving local network reliability. He noted that building-level energy storage can address local network constraints more quickly and cost-effectively than conventional grid reinforcement. He also called for harmonised standards and joint demonstration projects.

Long-Duration Storage Gains Attention

Experts from The Energy and Resources Institute (TERI) and Brazil’s Electric Sector Studies Group (GESEL/UFRJ) also discussed opportunities for long-duration energy storage. Participants from the UAE and Russia, meanwhile, highlighted the need for supportive regulations and standardised techno-economic assessments. Together, these discussions point towards greater cooperation on storage technologies that can support grid stability as renewable energy penetration increases.

BRICS Calls for Greater Climate Adaptation Finance

Beyond energy storage and critical minerals, BRICS environment ministers called for a substantial increase in international support for climate adaptation. The ministers sought new, additional, predictable and accessible financial support, along with technology transfer and capacity building. They emphasised that adaptation finance should be grant-based and concessional, particularly for developing countries, and should not increase their financial vulnerabilities. The statement also urged developed countries to fulfil the COP30 decision to triple adaptation finance for developing countries by 2035 while improving the quality and accessibility of such funding.

BRICS Opposes Unilateral Carbon Border Measures

The ministers also opposed what they described as unilateral, punitive, discriminatory and protectionist measures that are inconsistent with international law. In particular, they raised concerns over carbon border adjustment mechanisms, arguing that such measures could undermine developing countries’ efforts to address climate change and strengthen adaptation and resilience. The statement reaffirmed the principles of equity and common but differentiated responsibilities and respective capabilities under the UN Framework Convention on Climate Change and the Paris Agreement. It also emphasised nationally determined just transitions and the need to maintain a balance between climate mitigation and adaptation.

Sustainable Lifestyles and Circular Economy Remain Priorities

The BRICS meeting identified four priority areas for environmental cooperation – sustainable lifestyles, afforestation, forest fire management and disaster resilience, circular economy and people-centric and community-based climate adaptation. The members welcomed the possibility of holding a BRICS Sustainable Lifestyle Week during the first week of November 2026 on a voluntary and non-binding basis. They also supported the creation of a Network of BRICS Institutions to Advance Knowledge Sharing, Research and Innovation in Sustainable Lifestyles.

Circular Economy and Recycling Gain Momentum

The ministers also called for a faster transition away from the traditional “take, make and dispose” model towards a circular economy. They highlighted the need for stronger waste management systems, extended producer responsibility, eco-design, sustainable public procurement and greater investment in recycling and resource recovery infrastructure. The ministers invited international financial institutions, including the New Development Bank, to support developing countries in building circular economy infrastructure.

BRICS Sets Agenda for Future Environmental Cooperation

The ministers reaffirmed cooperation through existing initiatives, including the BRICS Environmentally Sound Technology Platform, BRICS Clean Rivers and the BRICS Partnership for Urban Environmental Sustainability. The meeting highlighted the growing connection between energy storage, critical minerals, climate finance, circular economy and sustainable development. For India, stronger BRICS cooperation could help diversify critical mineral supply chains, accelerate energy storage deployment and support domestic clean-energy manufacturing. At the same time, greater collaboration on climate finance, technology and adaptation could strengthen the resilience of developing economies. As reported by downtoearth.org.in, China will host the 13th BRICS Environment Ministers’ Meeting in 2027, providing the next platform to advance these initiatives.

Epsilon Advanced Materials received approval for its Epsilon C2GR anode material project under the Electronics Components Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology (MeitY). The project will receive ₹145 crore in CAPEX support, equivalent to 25% of its capital investment. The approval marks a significant step in India’s efforts to build domestic manufacturing capabilities for critical battery materials and reduce dependence on imports. Notably, Epsilon is the only company approved in this ECMS tranche for manufacturing anode material, a critical component of lithium-ion batteries.

Epsilon Targets a Domestic Battery Materials Supply Chain

The approval is expected to support the development of a stronger domestic, or “Swadeshi,” battery materials supply chain. As India expands its electric vehicle, energy storage and electronics industries, demand for locally manufactured battery materials is expected to grow rapidly. Through the Epsilon C2GR project, the company aims to strengthen indigenous technology, manufacturing capabilities and domestic value addition. Moreover, the project aligns with India’s broader Atmanirbhar Bharat vision by supporting the development of critical technologies and manufacturing infrastructure within the country.

ECMS Approves 106 Projects Across Electronics Components

The Electronics Components Manufacturing Scheme has so far approved 106 projects across 30 product categories. Together, these projects represent total investments of ₹69,548 crore and projected production worth approximately ₹5.34 lakh crore. Epsilon’s approval adds battery anode materials to the growing list of strategically important products receiving support under the scheme.

Graphite Anode Material Production Set to Scale Up

Epsilon Advanced Materials plans to build large-scale manufacturing capabilities for graphite anode materials, which play a vital role in lithium-ion batteries. The company aims to serve the growing requirements of electric mobility, stationary energy storage, digital devices and consumer electronics. Epsilon has already commissioned EAM-ONE, India’s first graphite anode material customer qualification plant, at Vijayanagar in Karnataka. The company is now progressing towards commercial-scale production. Epsilon plans to achieve 30,000 tons per annum of graphite anode material capacity by 2028. In the second phase, the company intends to expand capacity further to 100,000 tonnes per annum.

Indigenous Technology and R&D Drive Epsilon’s Expansion

According to Vikram Handa, Managing Director of Epsilon Group, the ECMS approval recognises the company’s efforts to develop indigenous graphite anode technology and manufacturing capabilities in India. He highlighted that building a resilient battery ecosystem requires strong capabilities in technology development, intellectual property, research and development, and process know-how. The MeitY support, therefore, is expected to accelerate Epsilon’s commercial scale-up and strengthen India’s domestic battery materials value chain. Epsilon’s graphite anode programme is supported by in-house R&D, intellectual property and technology development capabilities. These activities cover material development, process optimisation and electrochemical validation. The company also conducts testing across coin-cell, pouch-cell and multi-layer pouch-cell formats.

Epsilon Builds a Strong Intellectual Property Portfolio

Epsilon has filed 43 patents covering process, product and equipment technologies related to its battery materials programme. The company plans to develop an additional 50 intellectual property assets by 2030, reinforcing its focus on technology ownership and innovation. This growing IP portfolio could help Epsilon build differentiated capabilities as India develops its domestic battery manufacturing ecosystem.

Project Supports India’s Integrated Battery Ecosystem

The Epsilon C2GR project forms part of Epsilon Group’s broader strategy to establish an integrated battery materials ecosystem in India. By scaling domestic graphite anode material production, investing in indigenous technology and expanding its intellectual property portfolio, the company aims to increase local value addition and reduce India’s dependence on imported critical battery materials. As per the press release, as electric vehicles and energy storage systems gain momentum, the ₹145 crore MeitY support is expected to help Epsilon accelerate its anode material manufacturing plans and strengthen India’s position in the global battery materials value chain.