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Tata Power, Indian Oil forms JV to deploy over 500 EV charging points in India
The planned charging points will be strategically placed in key cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as along major highways.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
Commerce minister extends investment invitation to Nordic-Baltic region, key market for exports
Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal highlighted remarkable export growth rates to Finland and Norway.Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Piyush Goyal urges Indian industries to transform India into Global Manufacturing Hub
The discussions took place on 12 sectors, including textiles, capital goods, defence, aerospace, space, metals, leather, mining, energy, food processing, chemicals, medical devices, and drones.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
IPF’s 3i EXPO webinar discusses shop floors of the future
Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of Shopfloor of the Future' as part of the 3i EXPO 2023 webinar series. The session discussed the changing shopfloor of manufacturing sector leading to change in operations and investments of the companies in the coming future.Read more
Modern Automotives to export Differential Pinion Shafts to BMW, Murich
Modern Automotives Ltd is going to supply 2.5 million units of Differential Pinion Shaft valued at approximately Rs 150 crore by 2034 to BMW in Murich for Electric Vehicle Powertrain. With this order the company becomes first in India to deliver this product overseas. Read more
ONDC will democratise and revolutionise digital commerce in India
In this interview with Rakesh Rao, T Koshy, MD & CEO, Open Network for Digital Commerce (ONDC), elaborates on the roadmap for ONDC and how it will change the digital commerce landscape in India (and probably globally).Read more
All set to scale new heights
India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more