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India's Electronics exports stumble, facing sharp decline in global demand

India's electronics exports experienced a significant dip in September, hitting a 13-month low and declining by 3.7% compared to the previous year.Read more

Yokohama accelerates local tire production in India

Yokohama Rubber, operating in India through a wholly-owned subsidiary, is constructing a new facility in Visakhapatnam, supplementing its existing plant in Bahadurgarh, Haryana.Read more

Global energy demand soars despite non-fossil fuel growth: EIA Report

The EIA outlined various scenarios indicating a rise in global carbon dioxide emissions from energy sources by 2050.Read more

Indian Economy gains momentum by private investments surge

According to the survey conducted in September, two-thirds of the respondents expect a rise in sales and new orders in the second quarter of FY24.Read more

Indian Railways struggles with wheel supply, increasing reliance on Chinese imports

The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more

ICRA forecasts 9% growth in non-ferrous metals in next 2 FYs

The ratings agency also highlighted the challenges faced by the industry, including pressure on profit margins due to a weak global environment.Read more

Rising logistics demand expected to create 10 mn jobs in India by 2027, says TeamLease report

According to one of the leading staffing companies, TeamLease Services, the positive momentum in the logistics sector, which is growing at a 12% CAGR, is expected to add 10 million jobs by 2027.Read more

Tiruchi MSME fabrication crisis demands urgent government intervention

Tiruchi, once renowned as a premier fabrication hub in South Asia, owed much of its reputation to the welding expertise cultivated through collaboration with BHEL.Read more

PCBL forecasts Strong Growth in Indian Carbon Black Demand

Phillips Carbon Black Ltd has forecasted a 5-6% growth rate in demand for carbon black in India.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

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