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Aluminium sector resilient amid tariff shifts
With nearly half of India's primary aluminium production exported globally, competition may intensify in traditional markets as other exporters divert supplies due to US restrictions.Read more
India–UK FTA: Major tariff cuts announced in historic trade pact
Automobile imports from the UK, which currently attract over 100% duty, will see tariffs reduced to 10% under a quota-based system.Read more
By 2032 India will have 123 million EVs on-road under NEV goal
By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more
Panasonic Life Solutions India stays committed to India’s solar energy future
Panasonic plans to further scale its operations, cater to both residential and commercial demand, and collaborate with developers, installers, and government agencies to enhance access to reliable and clean energy solutions.Read more
Zoho halts $700 million chipmaking plan in latest setback for India
As part of its diversification, Zoho had planned to commit $400 million to build a semiconductor facility in Karnataka, southern India.Read more
Dixon and Inventec join hands to manufacture PCs and servers in India
The joint venture entity, named Dixon IT Devices Private Limited, will focus on producing notebook PCs, desktop PCs (including key components), and servers domestically, according to the company’s regulatory filing.Read more
US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran
On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more
Air Marshal Narmdeshwar Tiwari appointed Vice Chief of the Air Staff
He played a key role in operationalising the ‘Litening’ Laser Designation Pod during the 1999 Kargil operations and was deeply involved in the Light Combat Aircraft (LCA) flight testing and Final Operational Clearance between 2006–2009 and 2018–2019. Read more
Funding MSMEs During Economic Flux
Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of India’s economy, contributing 30 per cent to the nation's GDP and 45 per cent to its exports.Read more
BLECH India & Fastener Fair to unite sheet metalworking & fastener sectors
Spanning an expansive 18,000+ sqm exhibition space, the shows will feature 500+ exhibitors from around the world, including the US, China, Italy, Turkey, Taiwan, Israel, Germany, India, and South Korea. Read more