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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 component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
India's August exports decline, trade deficit at $24.16 billion
Imports also saw a decline of 5.23%, reaching $58.64 billion, down from the $61.88 billion recorded in August 2022.Read more
French syrup company, Monin announces Rs 300 cr investment in India
This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more
JCB explores hydrogen engines and export growth in India
JCB aims to manufacture electrolysers, devices that split water into hydrogen and oxygen using electricity, to produce hydrogen for testing their zero-emission backhoe loaders.Read more
Panasonic elevates India as key export hub and targets market expansion
In a substantial move, the company is injecting Rs 300 crores into expanding its Sri City facility, inaugurated in April 2022.Read more
Asia's export powerhouses face manufacturing slump amidst weak demand
According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more
Roadmap to meet India’s $2 trillion export target by 2030: CareEdge Ratings
The note points out that trade will play a crucial role in enhancing the welfare of any economy through growth and productive employment opportunities.Read more
Import, Export trends signify positive shift Indian electronic industry's dynamics
An S&P Global company, CRISIL is a global analytics company driven by its mission of making markets function better. Sharing some qualitative insights on Indian electronics market in India Pushan Sharma, Director – Research, CRISIL Market Intelligence and Analytics says that India is experiencing robust growth in electronics. He also shares some current merits and flaws in the industry.Read more
Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more