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Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia

This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more

Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing

Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more

Honeywell Automation India Limited appoints Atul Pai as MD

The company offers a broad range of products in environmental and combustion controls, sensing and control, and provides engineering services in automation and control to clients worldwide.Read more

Hyundai Motor and Kia partner with Exide Energy for EV battery localization

Partnership with Exide Energy enables Hyundai Motor and Kia to equip future electric vehicles in the Indian market with locally produced lithium iron phosphate (LFP) batteriesRead 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

Evolving Manufacturing Trends: A Glimpse into 2024

Traditional manufacturing methods are being redefined by the rise of smart factories. By 2024, these establishments will have integrated systems, artificial intelligence (AI), and the Internet of Things (IoT) in place to coordinate smooth, self-sufficient operations, says Frans Van NiekerkRead more

Visteon to invest $ 20 million to localise backlight manufacturing in India

The new facility is part of Visteon’s overall plans for the Indian market, particularly in the cockpit electronics segment. “India is going to be our first market where we’re investing in vertical integration of display manufacturing,” said President, CEO, Sachin LawandeRead more

Xiaomi India considers local tablet manufacturing amid IT hardware import restrictions

This initiative aligns with India's Make in India program, aiming to bolster investment and entrepreneurship in the fifth-largest global economy.Read more

Toys ‘R’ Us accelerates India expansion with local manufacturing plans

Toys ‘R’ Us, the global toy retailer, is set to commence private label manufacturing in India by the middle of next year as part of an aggressive expansion strategy, aiming to position India among its top five markets.Read more

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