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India triumphs in Global Manufacturing, BCG Study Reveals

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more

With automotive supply chains stabilising, focus on sustainability expected to rise back up automakers’ agendas

A report by Capgemini Research Institute shows that the auto organisations are more confident to tackle future supply chain disruptions, having slashed backlog orders by 61%. A further 39% reduction is predicted in the next year.Read more

EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

India's Tech Manufacturing Surge: Laptop production soars, creates jobs, investments

While India witnessed a remarkable 14-fold increase in smartphone production over the span of eight years, the nation has now shifted its focus to the realm of laptops.Read more

Landmark GE-HAL deal ushers in New Era in India-US tech ties

For India, this pact holds the potential to bridge the divide between domestic manufacturers and global standards, enhancing both defence deterrence and offensive capabilities.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

“Price is a bottleneck for the growth and usage of lithium-ion batteries in India”

Best Power Equipments (India) Private Limited popularly known as one of the largest supplier of high-quality UPS to various OEMs widely distributed through corporate partners and system integrators. Sushil Virmani, Managing Director, BPE in this interview with Ayushi Khandelwal tells that lithium ion market is a growing trend in batteries today. India should look to quickly catch-up with the international market in production and distribution terms. Read more

Semiconductor slump challenges global manufacturing growth

South Korea and Taiwan will be heavily impacted as such a large proportion of their manufacturing is tied to semiconductors and the electronics industry, says Interact Analysis’ report.Read more

Bosch begins volume production of fuel-cell power module

Bosch to invest nearly 2.5 billion euros in H2 technology from 2021 to 2026 and targets sales of five billion euros with H2 technologies by 2030Read more

Havells India expands into electronic manufacturing service

The move to enter into contract manufacturing space for appliances such as air conditioners and washing machines comes in response to the growing demand from global brands to establish manufacturing bases in India.Read more

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