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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

CATL unveils High-Speed Battery Production Hub Amidst Growing Competition

CATL, the prominent Chinese power battery giant, has recently inaugurated a cutting-edge battery production facility in Guian New District, located in southwest China's Guizhou province.Read more

Global manufacturing output set to grow by a mere 0.3% in 2024

According to the firm Interact Analysis? latest research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.Read more

We are reinventing India Centric Automation in our own way

Wipro PARI, a user as well as provider of digital/automated solutions in the industry, is one of the largest global automation companies. In this interview, Sundararaman G, Co-CEO, Wipro PARI, Wipro Infrastructure Engineering talks about Industry 4.0 ecosystem, low-cost routes to automation, and emerging trends in the automation and digital manufacturing. Read more

India's growing economy set to outpace China temporarily: IMF

According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more

HSBC Report: India's economic surge not enough to overtake China's dominance

Economists Frederic Neumann and Justin Feng argue that India currently operates on a limited scale, while China's economic magnitude is too substantial to be easily surpassed on the world stage.Read more

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