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Northvolt unveils sodium-ion battery, breaking China's EV battery stranglehold

Diverging from traditional batteries, Northvolt's pioneering sodium-ion battery eliminates the reliance on lithium, nickel, graphite, and cobalt.Read more

Quality certification slowdown in China hits Nike, Mitsubishi, Carrier

Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more

KPIT technologies drive ahead in automotive tech leadership, expands market presence

According to MD & CEO Kishore Patil, the focus is not on competing with other service providers but on being a leading player in the automotive industry.Read more

Tesla turns to Made In India parts, diversifies suppliers from China

Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more

India strengthens economic ties with Taiwan, says officials

This move, aimed at meeting Taiwan's demand for labour in various sectors such as factories, farms, and hospitals, could involve the employment of up to 100,000 Indians.Read more

Craftsman Automation expands Capex for FY 2024

Craftsman Automation has outlined a new investment plan totalling Rs 209 crore, with Rs 150-160 crore allocated for the current fiscal year.Read more

Stimulus policies ‘improve outlook for China’s manufacturing output’

In order to better understand how China’s manufacturing industry is performing and its outlook for the future, this interaction with Interact Analysis Research Analyst, Samantha Mou shades light on China’s manufacturing output.Read more

Maruti Suzuki adapts production strategies for shifting market demands

The automaker, the largest in the country, is focusing on bolstering the production of high-demand utility vehicles while scaling back the production of entry-level cars.Read more

Fragile manufacturing industry recovery in 2025 reliant on prudent fiscal policies

The US and Europe are both on the brink of a short minor recession in 2024, as green shoots of a tentative recovery are seen elsewhere in the global manufacturing economy.Read more

Egypt signs $6.75 bn Green Hydrogen and Ammonia Plant Deal with Energy China

Prime Minister Mostafa Madbouly emphasised the government's commitment to promoting green hydrogen, revealing plans to enhance incentives and allocate resources for these projects.Read more

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