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Siemens plans major urban transport hub in India following Indian Railways contract
This strategic move is fuelled by Siemens' recent milestone contract with Indian Railways, valued at Rs 26,000 crore (approximately $3 billion).Read more
Barclays report highlights India's path to 8% GDP growth and global dominance
The report raised a crucial question: whether India can achieve rapid growth without compromising its hard-earned macro stability amid global economic turbulence.Read more
What does the global competitive landscape look like for mobile geared products?
Affected by the stagnant off-highway vehicle market in China, the global market for geared products used in mobile applications was estimated to grow marginally by 0.6% to $11.2 billion in 2022.Read more
Ather Energy expands globally and boosts production capacity
Ravneet Phokela, Chief Business Officer of Ather Energy, informed that the location for the new facility is yet to be finalised, but it will be located outside Tamil Nadu, where the company's existing plant operates.Read more
NBC Bearings soars into Aerospace industry with strategic investments
As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more
Indian Mobile Phone exports soar, nearing $5.5 billion in 2023
During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more
Schneider Electric expands Indian operations, aims for global growth
Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more
Accord to supply millions of NavIC chipsets to in next 3 yrs, revolutionise vehicle industry
This development gains significance due to the government's mandate for a NavIC-based vehicle tracking system in commercial vehicles, and the imminent requirement for smartphones to integrate NavIC chipsets alongside other GPS.Read more
How ESG is catalysing India's SMEs for global competitiveness
A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more
Exporters seek government support amid global challenges
Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more