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India triumphs in Global Manufacturing, BCG Study Reveals
A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
Global coalition calls for tripling renewable energy by 2030
The alliance of organisations, which includes Adani, American Greenpower, Ember, and the Energy Transition Commission, emphasised that achieving this target represents the swiftest and most cost-effective approach to decarbonise the global economy.Read more
Indian premium lighting industry targets 100% domestic value addition
Anticipating a surge in demand, the industry aims to double the level of localisation over the next three years.Read more
Ashok Leyland to set up electric bus plant in Uttar Pradesh
The MoU was officially signed by Manoj Kumar Singh on behalf of the government and Shenu Agarwal, the managing director and CEO of Ashok Leyland.Read more
IIT Madras leads Green Hydrogen innovation cluster in Tamil Nadu
This collaboration is a crucial element of the "Hydrogen Valley Innovation Cluster in Tamil Nadu" (HVIC-TN) initiative, which unites nearly 30 companies operating in the hydrogen sector.Read more
Micron Technology to expand semiconductor operations in india with multiple facilities
Micron had pledged an investment of $800 million to establish a semiconductor assembly, testing, marking, and packaging (ATMP) unit in Sanand, GujaratRead more
South Korean battery giants face Chinese competition, eye innovation to stay ahead
South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more
SIDBI aims for 25% MSME lending share, plans equity boost and green fund
Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more
Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more