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Hexagon empowering growth in India's tech landscape
Hexagon's technologies contribute significantly to global manufacturing processes, being integral in the production of 95% of all automobiles, 90% of aircraft, and 75% of smartphones.Read more
Barclays report highlights India's path to 8% GDP growth and global dominance
The report raised a crucial question: whether India can achieve rapid growth without compromising its hard-earned macro stability amid global economic turbulence.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
Thyssenkrupp nucera expands to Mumbai, driving green hydrogen growth in India
Positioned in Vikhroli, northeast Mumbai, the office benefits from its strategic location near one of Asia's major ports, enhancing accessibility and facilitating global operations.Read more
Schneider Electric expands Indian operations, aims for global growth
Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more
OMC and Hindalco join forces for Odisha's industrial growth
The deal is signed in the presence of Chief Minister Naveen Patnaik. It aims to accelerate progress on the construction of a two-million ton alumina refinery in Rayagada.Read more
Auto component sector forecasts moderate growth in FY 2024
Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.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
TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation
The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more
Volvo Group sales surged by 54% in the previous fiscal year
Volvo Group’s Sofia Frandberg, expressed strong confidence in India's potential for significant growth over the next decade.Read more