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ARC Industry Forum Asia 2024 to focus on AI, cybersecurity and sustainability

The annual event will be held in three cities - at Tokyo (Japan) on 4 July 2024, Bengaluru (India) on 10-11 July 2024, and Singapore on 1 August 2024.Read more

Welspun World appoints G R Arun Kumar as Group CFO

Renowned for its technological and operational excellence, Welspun Group holds a leadership position in Line Pipes & Home Textiles sectors globally, catering to major Fortune 100 companies.Read more

India to build small arms manufacturing unit in Sri Lanka; defence collaboration

Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more

India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia

This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more

Demand for warehouse automation boosts amid 'Make in India' push

Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. Read more

Global semiconductors battle deepens between EU & US; $81 billion subsidy surge

The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more

India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more

Schneider Electric automates single stage wastewater treatment plant

The project supports the Namami Gange initiative for enhancing water quality in the country through smart, sustainable and digital solutions.Read more

India-Asean trade agreement review in July

The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more

Growth, despite global constraints

India’s manufacturing activity (with Purchasing Managers' Index at 58.8) witnessed a dip in April 2024 from the 16-year high in March 2024 (PMI at 59.1).Read more

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