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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
KPIT technologies drive ahead in automotive tech leadership, expands market presence
According to MD & CEO Kishore Patil, the focus is not on competing with other service providers but on being a leading player in the automotive industry.Read more
Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor
The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more
IITs achieve robust placements despite job market challenges
IIT students have received pre-placement offers (PPOs), guaranteeing job placements for those who accept them. These offers have been extended before the official start of final placements.Read more
