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Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing
As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more
Government’s E-vehicle Policy and its impact on Indian markets
The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more
Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth
The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companiesRead more
Morgan Stanley says India unlikely to match China's 8-10% growth
Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more
Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more
Syngene's Biologics manufacturing facility in India operational from mid-year
The facility also includes two high-speed vial filling lines capable of producing up to one million vials per day ranging from one to 100ml fill volumesRead more
India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal
The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more
Lenovo report shows 95% of Indian CIOs favor AI investment for 2024
According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more
nasscom CoE teams up with Capgemini for Smart Manufacturing in India
The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more
Toy giants shift focus from China to India, exports surge 239%
According to a report by market research firm IMARC, the toy industry in India was valued at $1.7 billion in 2023 and is expected to reach $4.4 billion by 2032, exhibiting a growth rate of 10.6 per centRead more