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Honda explores $13.83 bn EV plant in Canada, eyes battery production

The Japanese automaker is exploring locations, including proximity to an existing automobile factory in Ontario.Read more

Indian Footwear Industry eyes $90 bn market by 2030 with strategic measures: Report

The current valuation of the Indian footwear market stands at $26 billion, and the GTRI anticipates it reaching $90 billion by 2030.Read more

India's electronics manufacturing surges, eyes $115 bn in 2024

The production of mobile phones, a key player in India's electronics manufacturing, is anticipated to exceed $50 billion by March 2024, up from approximately $42 billion in the previous fiscal year.Read more

Pune's REPLUS Engitech aims for Rs 500 cr order Book, eyes global expansion

REPLUS is actively engaged in various global projects. In Saudi Arabia, the company is immersed in microgrid projects utilising solar energy to power villages, with the aim of establishing a self-sufficient economy.Read more

India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts

The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more

Indian defence firms eyeing Philippines market for military platforms

A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.Read more

European Investment Bank eyes green hydrogen in India, awaits proposals

In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more

Indian Railways expands Kavach deployment rights, eyes LTE upgrade

This homegrown open-source technology mandates interested companies to develop their systems in accordance with specifications outlined by Indian Railways, as per the minister Ashwani Vaishnaw.Read more

Spanish firms eye high-speed rail and defence projects in India

Dominguez mentioned that Spain's state-owned defense firm, Navantia, is in contention for a contract to build six submarines for India under Project 75 (I).Read more

TVS SCS reports Q2 loss, eyes operational enhancements

The company's revenue from operations shrank to Rs 2,263 crore from Rs 2,681 crore, while total expenditure decreased from Rs 2,684 crore to Rs 2,277 crore.Read more

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