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China outspends US, Taiwan, and South Korea in chipmaking push

China's chipmaking capacity is projected to more than double over the next five to seven years, primarily focusing on mature production processes (28nm or above), used in sectors like automotive and household appliances.Read more

Trilliant Networks to set up manufacturing and development center in Tamil Nadu

Nike, which already operates in Tamil Nadu through its contract manufacturers employing around 28,000 people, also has sourcing operations in the state.Read more

Interarch Building Products invests Rs 950 million+ in PEB manufacturing plant

The plant will add 60,000 MT per annum over 2 phases, increasing the overall capacity to 200,000 MT per annum.Read more

50% of Gen Z prefer solar solutions; Millennials follow at 46% and Gen X at 40%

28% of baby boomers (age 58-76) consider solar energy solutions inaccessible.Read more

Air India to construct mega MRO facility in Bengaluru

Air India has also signed an agreement with SIA Engineering Company (SIAEC) to be its strategic partner for the development of this MRO facility.Read more

Adani Green and TotalEnergies to form $444 million joint venture

Adani Green Energy stated that both companies will equally share the equity of the joint venture, named ARE64L, with each holding a 50% stake.Read more

Welspun approves $100 million investment to boost US pipe manufacturing

The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more

Gensol and Matrix emerge lowest bidders for biomass to green hydrogen project

The project valued at Rs 1.64 billion, scheduled for completion within 18 months, marks a significant milestone on aligning with the National Green Hydrogen Mission for biomass to green hydrogen generation.Read more

Elfonze Tech to hire 200+ new talents for Oracle Fusion Cloud and Engineering

Elfonze Technologies is also enhancing its capabilities to support Build-Operate-Transfer (BOT) models for companies looking to set up Global Capability Centers (GCCs) in Karnataka.Read more

Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI

The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more

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