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Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more

Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India

In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.Read more

Indian premium lighting industry targets 100% domestic value addition

Anticipating a surge in demand, the industry aims to double the level of localisation over the next three years.Read more

Sterlite invests $56 million in US fiber facility, targets 10-12% market share

This facility will also serve as the company's North American headquarters, marking a significant milestone for Sterlite.Read more

First Solar commences production at Indian Plant with $684 mn investment

The American company, First Solar that is establishing its inaugural manufacturing facility in India near Chennai, at Sriperumbudur, has initiated production.Read more

India imposes anti-dumping duty on Chinese Steel amid Surging Imports

China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more

Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market

Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more

Indian Air Force successfully tested the Type V Heavy Drop System from a cargo aircraft

Type V Heavy Drop System designed & developed by DRDO is capable of carrying up to 20 Ton of cargo via parachute in inaccessible places.Read more

DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu

DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more

The Battery Show India 2023 sparks India's $150 bn energy revolution

India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more

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