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Rockwell's new study finds GenAI as top tech investment for manufacturers

According to Rockwell Automation’s Global State of Smart Manufacturing Report, AI ranks as the top capability that manufacturers believe will drive the biggest business outcomes. 83% of manufacturers expect to use generative AI (GenAI) in their operations in 2024. Read more

India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more

Hannover Messe 2024 promotes international trade and investment

While international trade plays a central role in the global economy, it also brings challenges such as trade imbalances and protectionism. Hannover Messe fosters global dialog on these issues.Read more

Indo-Germany trade alliance: A model of resilience and growth

With a trade history spanning over 500 years, India and Germany share a deep-rooted connection forged through centuries of economic cooperation. Over time, bilateral trade has not only increased but has also led to the discovery of new business and investment prospects by German companies in India and vice versa, says Rajesh Nath.Read more

Danfoss plans Rs 500 Crore Investment in India for localization, expansion

The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more

Wipro GE plans Rs 8,000 crore investment in indian manufacturing, R&D

The strategic investment bolsters the company's local manufacturing footprint to address the growing domestic and international marketRead more

GoodEnough Energy plans Rs 450 cr investment in 20GWh BESS plant

This investment will cover the manufacturing plant's costs, machinery purchases, and infrastructure establishmentRead 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

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead 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

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