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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
Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth
This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more
Micron, NAMTECH forge alliance to fuel India's semiconductor industry growth
The MoU signing occurred at the Vibrant Gujarat Summit in the presence of Ashwini Vaishnaw, Union Cabinet Minister for Railways, Communications, Electronics, and Information Technology.Read more
Strong surge in Indian bus sales: Ashok Leyland, Tata Motors lead growth
From April to December 2023, Ashok Leyland reported a substantial 64% year-on-year surge in the sales of medium and heavy commercial vehicle buses, reaching a total of 11,216 units.Read more
MOLDEX India and FASTNEX aim to fuel growth of moulding and fastener industry
The two events – to be from January 19-23, 2024 at BIEC, Bengaluru - are aiming to fuel the growth of an estimated $ 6.5 billion moulding and $ 7.5 billion fastener and fixing industry in IndiaRead more
Ministry launches MedTech Mitra to propel growth in medical devices industry
Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.Read more
ABB sees India as a key growth market with immense potential
In this interview with Rakesh Rao, Jacques Mulbert, President of ABB Measurement & Analytics, explains why smart measurement & analytics solutions are the key for sustainability, operational efficiency and cost reductionRead more
Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models
Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more
Vizag Steel Plant secures Rs 900 cr deal with JSPL for strategic growth
The objective is to boost sales revenue, increase monthly turnover, and reduce losses.Read more
Bengal urged to boost electronic manufacturing for digital economy growth
MeitY Secretary, S Krishnan during a meeting at the Merchant Chamber of Commerce and Industry with entrepreneurs, including MCCI President Namit Bajoria, emphasised the importance of digitisation in achieving self-reliance.Read more
