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India to surpass China in new energy sector

Projections from NITI Aayog suggest that by 2030, India's green ammonia production costs could be approximately 29% lower than China’s and 43% lower than Australia’s. Read more

EU lowers planned tariff on Tesla's china-made electric vehicles to 9%

The tariffs are in addition to the EU's standard 10% duty on car imports.Read more

State oil companies are investing in petrochemical; despite facing oversupply

The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.Read more

Honeywell’s tech to be used for 100,000 tons aviation fuel production for Jiutai

Inner Mongolia Jiutai Group will use eFining to convert its methanol-to-olefins (MTO) facility into a SAF production plant.Read more

Niti Aayog member Virmani encourages Chinese investment to push local production

China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more

EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV

EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more

BorgWarner provides Buick vans with wet clutch and hydraulic control module

With a compact and lightweight design, it facilitates clutch pressure control and cooling for the clutch and electrical motor and integrates the tandem E- pump and temperature sensor.Read more

Mitsubishi joins Honda-Nissan alliance amidst Tesla and China reorganisation

Combined with Mitsubishi Motors' 810,000 units, the alliance's total sales reach 8.35 million vehicles.Read more

India’s pharma sector likely to double post US Biosecure Act

At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more

India aims for $100 billion FDI annually; to attract China interested investors

Giants like Apple and Samsung Electronics have increased their manufacturing presence in India, leveraging incentives provided by Prime Minister Narendra Modi's administration.Read more

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