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Five trends that will shape the manufacturing world in 2024
While businesses are continuing to invest in digital transformation initiatives, they are increasingly looking for actionable roadmaps which can deliver results incrementally, says Poornima Arni.Read more
Waaree Energies to Build 3-GW Module Manufacturing Facility in Texas
Waaree’s new facility will support SB Energy and other leading solar companies while expecting to create over 1,500 American jobs.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
Piramal Pharma Solutions expands ADC Manufacturing Facility in Scotland
Renowned as a global leader in ADC development and manufacturing, Piramal Pharma Solutions has an impressive track record, having developed hundreds of payloads and manufactured over a thousand ADC batches.Read more
New York state invests $10 bn in semiconductor research facility
The project, overseen by the nonprofit NY Creates, will take place at the Albany NanoTech Complex and will involve the acquisition of advanced chip-making equipment from the Dutch company ASML Holding.Read more
BCIC advocates manufacturing growth for India's export ambitions
Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more
Toys ‘R’ Us accelerates India expansion with local manufacturing plans
Toys ‘R’ Us, the global toy retailer, is set to commence private label manufacturing in India by the middle of next year as part of an aggressive expansion strategy, aiming to position India among its top five markets.Read more
India's electronics manufacturing skyrockets: 4-fold surge to Rs 8.22 tn in a decade
Minister of State for Electronics and IT Rajeev Chandrasekhar informed the Lok Sabha that India has now reached a stage where 99.2 per cent of mobile handsets being used in the country are manufactured domestically.Read more
Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing
The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.Read more