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Cyient DLM acquires US-based EMS manufacturer Altek Electronics

Altek Electronics, with its strong footprint in the Medical & Healthcare and Industrial sectors, strengthens Cyient DLM’s capability in these sectors and adds a diverse customer base to Cyient DLM. Read more

Honeywell and USA Bioenergy to partner on automation at new sustainable aviation fuel refinery

Honeywell plans to implement its Experion® PKS Distributed Control System at Texas Renewable Fuels advanced biorefinery that will produce sustainable aviation fuel for Southwest Airlines.Read more

India to become $10 trillion economy by 2032; Overtaking US and China

India's economic expansion has accelerated in recent years; while it took 63 years, from 1947 to 2010, to reach a GDP of $1 trillion, it achieved $2 trillion by 2017 and $3 trillion by 2020.Read more

Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions

Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more

Carborundum Universal acquires full stake in US-based Silicon Carbide Products

The transaction is expected to close by the end of October 2024. Read more

Baba Kalyani becomes 2nd Indian to receive U.S.I.B.C Global Leadership Award

Each year, USIBC recognises business champions from the U.S. and India who dedicate their work to advancing the bilaterial economic relationship and making significant contributions to catalysing growth in the U.S.-India commercial corridor. Read more

China outspends US, Taiwan, and South Korea in chipmaking push

China's chipmaking capacity is projected to more than double over the next five to seven years, primarily focusing on mature production processes (28nm or above), used in sectors like automotive and household appliances.Read more

Welspun approves $100 million investment to boost US pipe manufacturing

The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more

93% of big companies see AI equal to success, yet struggle with talent shortages

Diversity within AI teams also emerged as a concern, with 80% of respondents emphasising its importance. Read more

Indian Railways to use nuclear power for green energy push

IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more

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