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Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market
Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more
India's Hydrogen Market Soars: $21.9 Billion by 2030
A report, authored by MarketsandMarkets Research noted that global demand for hydrogen ranged between 90 million metric tons (mmt) and 100 mmt, with India contributing 7% of the global demand in 2022.Read more
Schwing Stetter India partners with VIT, Vallore to offer engineering programme
The partnership aims to help employees accelerate their education, stir innovation and skill development needed for the manufacturing industry.Read more
EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.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
Tamil Nadu gears up for Global Investors Meet 2024, focuses innovation, job creation
Global Investors Meet (GIM) scheduled to take place in Chennai in January 2024. In November 2022, the Tamil Nadu Smart and Advanced Manufacturing (TANSAM) was inaugurated, established by TIDCO in partnership with Siemens. Read more
Modi and Macron push for defence roadmap and Indo-Pacific Collaboration
The Defence Industrial Roadmap aims to facilitate the development and production of advanced defence technologies while fostering collaboration not only within India but also among other nations in the Indo-Pacific region.Read more
Tabreed to invest $200 mn in Cooling Infra partnership with Telangana govt
The state government also signed a MoU with Tabreed to explore district cooling infrastructure in existing and upcoming commercial districts of Cyberabad near here and other mixed use development areas.Read more
Ashok Leyland aims for Global Top 10 CV Status and Net Zero by 2048
The company's growth strategy hinges on expanding into global markets and making a robust entry into the electric vehicle (EV) segment.Read more
Indian industries concern over EU Carbon tax data demands
This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more