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Jindal Stainless navigates Red Sea crisis, adjusts export targets, eyes European expansion

Due to the Red Sea issue, both time and cost associated with shipments to Europe have increased. Jindal anticipates a decline in Q4 export sales, revising the target from 15% to around 12%.Read more

China surges as top buyer of Indian Iron Ore, driving exports to record levels

Iron ore serves as a crucial feedstock, primarily utilised by China in steel production. Interestingly, India competes with China globally in the market for finished steel products such as hot rolled coils.Read more

India reviews 13-year trade pact with ASEAN amidst surge in imports

The surge in imports primarily originated from countries such as Singapore, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines.Read more

Quality certification slowdown in China hits Nike, Mitsubishi, Carrier

Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more

Lubrizol, Grasim Industries break ground for CPVC resin plant in Gujarat

The facility located at the Grasim Industries? site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

Best Power Equipments Marks 23rd Anniversary

Best Power Equipments India (BPE), a leading Indian manufacturer of end-to-end strategic power solutions, celebrated its 23rd anniversary on July 22, 2023 at the Crown Plaza, Greater Noida.Read more

Motherson enters into a partnership with Honda Motor

Company enters into an agreement to acquire 81 per cent stake in Yachiyo Industry, a Honda Motor subsidiary.Read more

Plexconnect 2023 foresees 380 international buyers from over 63 countries

The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.Read more

Industries, government & society, Hannover Messe - an opportune stage for all

The Hannover Messe, one of the largest trade shows in the world, will held from April 17 to 21 this year. The trade fair has been a key occasion for industrial developments for years. The event will be held at the Hanover Fairground in Hanover with over 4,000 companies from different industries signed up to exhibit their products and solutions. Germany will serve as the host country with Indonesia being the partner country for the event.Read more

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