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Morgan Stanley says India unlikely to match China's 8-10% growth

Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more

Lenovo report shows 95% of Indian CIOs favor AI investment for 2024

According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more

Tamil Nadu tops in number of factories, Gujarat excels in industrial output

The ASI report also points out that in FY22, 20 per cent of India’s factories, close to 50,000, were not operationalRead more

Government approves new EV policy to attract big investment in manufacturing

As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more

Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV marketRead more

JSW Group, MG Motor India to launch JV on March 20, Eye Rs 5000 cr investment

The aim of the joint venture is to increase its manufacturing and retail footprint in India. JSW Group is a domestic multinational conglomerate while MG Motor India is owned by Chinese automotive manufacturer SAIC MotorRead more

Panasonic prioritises India for substantial investments and manufacturing growth

Ryo Matsumoto, General Manager of the Living Energy Business Division at Electric Works Company, Panasonic Corporation, outlined the company's plan to boost production capabilities by utilising excess facilities at its Sri City factory in Andhra Pradesh.Read more

Nestle India commits Rs 6,000-6,500 cr investment by 2025

Nestle India had previously committed to investing Rs 2,000 crore between 2000 and 2020, and in 2022, it announced an additional Rs 5,000 crore for expansion, slated for investment by 2025.Read more

BPE unveils future plans: New investments outlines new phased strategy for 2024

The company aims to continue its commitment to innovation, sustainability, and global expansion to meet aggressive goals set for 2025.Read more

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