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ONDC partners with Proxtera for global B2B trade expansion

SignCatch and Rapidor will be among the initial participants to join ONDC's international B2B seller network, with Bech.app and placeorder.com taking on these roles, respectively.Read more

India's largest cellulose plant by Nitika Pharma to open

On September 16, 2023, Nitika Pharmaceuticals Specialties is poised to introduce India's most extensive Microcrystalline Cellulose manufacturing facility.Read more

Indorama ventures to invest $150 mn in Indian PET Recycling Plants

Indorama Ventures Public Co Ltd, headquartered in Bangkok and primarily owned by Indian stakeholders, is embarking on a $150 million investment in three PET recycling facilities across India.Read more

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

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