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Tamil Nadu unveils ambitious Startup Policy 2023

Chief Minister M K Stalin officially launched the policy, which boasts 50 key action points, at the Secretariat. The primary objective is to align with the state government's ambitious goal of achieving a $1 trillion economy by 2030.Read more

VECV targets new export markets and EVs in India, celebrating 15 years

Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more

BPE inks 3 international collaborations to strengthen its Southeast Asian outreach

BPE recently entered separate collaborations with China-based Eternal Asia (S) Pte Ltd (EA), Vietnam-based IDC Group and the Philippines-based Business Partners Enterprise Inc (BPEIP).Read more

Honeywell’s digitalisation technologies to support American Battery Factory’s new gigafactory

Honeywell will provide the largest lithium iron phosphate battery gigafactory in the US with central controls and digital visualisation to increase operational efficiency, enhance safety and drive more energy-efficient production.Read more

Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more

CDIL eyes Semiconductor Fab in India amid expansion plans

Continental Device India is concentrating on its local ATMP business, planning to expand its current production capacity of 500 million units by an additional 100 million units.Read more

Sterlite invests $56 million in US fiber facility, targets 10-12% market share

This facility will also serve as the company's North American headquarters, marking a significant milestone for Sterlite.Read more

India imposes anti-dumping duty on Chinese Steel amid Surging Imports

China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more

Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market

Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more

India's Semiconductor industry aims to create 1.2 million jobs

Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more

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