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Indian Railways expands Kavach deployment rights, eyes LTE upgrade

This homegrown open-source technology mandates interested companies to develop their systems in accordance with specifications outlined by Indian Railways, as per the minister Ashwani Vaishnaw.Read more

Danfoss joins First Movers Coalition, commits to drive global development of sustainable aluminium

The coalition is led by World Economic Forum and the United States (US) Department of State, comprising of 82 members, all global players in their markets. Danfoss commits to at least 10% (by volume) of all primary aluminium procured annually to be low carbon by 2030.Read more

India strengthens economic ties with Taiwan, says officials

This move, aimed at meeting Taiwan's demand for labour in various sectors such as factories, farms, and hospitals, could involve the employment of up to 100,000 Indians.Read more

Continental Leads DIAZI Project and Turns Production Plants into Digital Factories

Continental leads consortium of eight partners from industry and research for fully digitalised production environment enables planning and simulation of new production lines.Read more

Egypt signs $6.75 bn Green Hydrogen and Ammonia Plant Deal with Energy China

Prime Minister Mostafa Madbouly emphasised the government's commitment to promoting green hydrogen, revealing plans to enhance incentives and allocate resources for these projects.Read more

Is there a widening impact of Israel -Hamas war on Indian economy?

Israeli–Palestinian conflict is deeply affecting the world economies. Indian manufactures and exporters also concerns on its effect on the country’s economic relations. Ayushi Khandelwal evaluates the effects of the war on Indian economy.Read more

India's growing economy set to outpace China temporarily: IMF

According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more

HSBC Report: India's economic surge not enough to overtake China's dominance

Economists Frederic Neumann and Justin Feng argue that India currently operates on a limited scale, while China's economic magnitude is too substantial to be easily surpassed on the world stage.Read more

India's Industrial sector surges: August 2023 records impressive growth

Official data released revealed a significant surge in India's industrial production, with a remarkable growth rate of 10.3% on an annual basis in August, following a 5.7% increase in July.Read more

Taiwan Machine Tools open platform shines at EMO Hannover 2023

Over 46 international media and 30 global buyers and agents participated in Taiwan's International Press Conference on September 18th to discover the latest developments in Taiwan's global trends.Read more

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