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Google strategically invests in India's MSME market, digital transformation initiatives
Acknowledging the challenge of limited credit access hindering MSME growth in India, Sanjay Gupta highlighted the country's underdeveloped MSME sector, contributing only 28 to 29% of GDP compared to 55 to 60% in the US and China.Read more
Indian Cement Industry Set to Build 100-150MT Capacity
The 14th Cement Expo and 9th Indian Cement Review Conference 2023 flags offRead more
Indian defence firms eyeing Philippines market for military platforms
A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.Read more
LOHUM partners UAE Ministry for First EV Battery Recycling Plant
The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
IOCL, HWB forge vital partnership for Natural Gas Supply, Driving Green Energy Growth
Officials projected a substantial increase in the gas share of the energy market, rising from 6.2% to 15% by the year 2030.Read more
Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion
Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more
Global belt drives market to reach $9.1 billion by 2030: Report
V-belt drives segment is projected to record 4.3 per cent CAGR and reach $ 5.3 billion by 2030, according to the ResearchAndMarkets report. Read more
India's safety sector surges to fuel $17.86 billion global market by 2030
Anticipating this upward trajectory, Bata India Ltd established its Industrial division seven years ago to manufacture top-notch footwear for industrial workers.Read more
Commerce minister extends investment invitation to Nordic-Baltic region, key market for exports
Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal highlighted remarkable export growth rates to Finland and Norway.Read more