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India leads global AI adoption at 30%, surpassing average: BCG
The report, based on a survey of 1,000 executives across 59 countries and 20 sectors, reveals that 74% of companies globally have yet to see tangible returns from AI.Read more
Haier Group eyes Rs 10 billion JV with JSW Group
This potential collaboration follows a 2023 JV between JSW and Chinese automaker SAIC Motor, where JSW took a 35% stake in MG Motor India.Read more
SAIL partners with BHP to decarbonize steelmaking in India
The partnership will focus on testing alternative reductants, such as hydrogen and biochar, to reduce greenhouse gas emissions in SAIL’s integrated steel plants. Read more
Sembcorp to invest Rs 362.38 billion in green ammonia plant in Thoothukudi
Earlier this year, Sembcorp signed a Memorandum of Understanding with the Government of Tamil Nadu during the Global Investment Meet.Read more
Fourth hot-blast stove from Primetals Tech ordered by SAIL for steel plant
Additional hot blast stove ensures the security of operations and enables existing stoves to be taken offline for repair without affecting site operationsRead more
Epsilon Carbon awarded SA8000 certification for social accountability commitment
Epsilon Carbon is the first Indian carbon black manufacturer to be awarded the SA8000 certification.Read more
IndiGo India orders 30 Airbus A350 widebody aircraft for long-haul travel
India, the world’s fastest growing major aviation market, is anticipating an international travel boom as the economy grows and household incomes rise. Read more
JSW Group, MG Motor India to launch JV on March 20, Eye Rs 5000 cr investment
The aim of the joint venture is to increase its manufacturing and retail footprint in India. JSW Group is a domestic multinational conglomerate while MG Motor India is owned by Chinese automotive manufacturer SAIC MotorRead more
JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha
JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more
JSW Group enters JV with SAIC Motor for EV manufacturing in India
The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more