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Foxconn partners with Indian Universities for mandarin-language education initiative

The MOU involves collaborations with Shiv Nadar University, VEL TECH, Assam Don Bosco University, and Karpagam Academy of Higher Education, facilitated with the support of the Taipei Economic and Cultural Center (TECC).Read more

Mahindra's bold move: 30% of auto production to be electric by 2027

Anish Shah, the Managing Director and CEO of Mahindra and Mahindra, unveiled the company's strategic vision at the Davos 2024 World Economic Forum.Read more

India targets 28 nm and above chip market, says Ashwini Vaishnaw at WEF

Ashwini Vaishnaw, the Union Minister for Electronics and Information Technology mentioned that India boasts around 300,000 design engineers involved in the development of nearly every sophisticated chip globally.Read more

GODI India becomes 1st to attain LFP BIS certification for indigenous Li-ion cells in India

GODI achieved a milestone by developing India's first in-house NMC811 cathode material-based Li-ion cells, BIS certified in mid-2022.Read more

Maharashtra secures investment MoUs worth $ 44 billion at WEF 2024

At World Economic Forum (WEF) 2024, the state was able to attract a total investment of Rs 4.5 lakh crore, with a potential to create about 2 lakh jobs in various sectors including electronics, IT/ITeS, data centers, gems & jewellery, agriculture, auto and renewables.Read more

Inox Air Products, Maharashtra govt ink $3 bn deal for State's First Green Ammonia Plant

This plant is projected to have a capacity of 500,000 metric tons per annum (MTPA) and an estimated investment of $3 billion.Read more

Honeywell CEO unveils growth plan focused on aviation, automation, energy transition

In a noteworthy announcement, Honeywell's Global CEO, Vimal Kapur expressed confidence in the growth potential of Honeywell's business in India, foreseeing a doubling of its size over the next five years.Read more

India emerges as key alternative in China-Plus-One manufacturing strategy

According to a survey of Chief Executive Officers (CEOs), nearly 53% anticipate that India will emerge as an alternative manufacturing destination to China.Read more

India has potential to become a global export hub for green hydrogen: WEF

With affordable renewable energy, India can attract valuable international trade of green hydrogen derivatives, says a report by the World Economic Forum (WEF) and Bain & Company. To boost the country’s export potential, it is crucial to establish recognised standards, improve export infrastructure, and form strategic partnerships.Read more

Nobel Laureate Robert Solow, pioneer in economics, passes at 99

An economist of great renown, Robert Solow received the Nobel Prize in Economics in 1987 for his groundbreaking work in growth accounting, particularly his development of a mathematical model for expanding production.Read more

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