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Fragile manufacturing industry recovery in 2025 reliant on prudent fiscal policies
The US and Europe are both on the brink of a short minor recession in 2024, as green shoots of a tentative recovery are seen elsewhere in the global manufacturing economy.Read more
Egypt signs $6.75 bn Green Hydrogen and Ammonia Plant Deal with Energy China
Prime Minister Mostafa Madbouly emphasised the government's commitment to promoting green hydrogen, revealing plans to enhance incentives and allocate resources for these projects.Read more
CATL unveils High-Speed Battery Production Hub Amidst Growing Competition
CATL, the prominent Chinese power battery giant, has recently inaugurated a cutting-edge battery production facility in Guian New District, located in southwest China's Guizhou province.Read more
CARACAL, ICOMM: Powering India?s small arms revolution
ICOMM's design, development, and manufacturing center in Hyderabad is one of the largest companies engaged in the production.Read more
Indian motorcycles dominate Latin American markets
In 2022, India exported more than 5 million motorcycles to Latin America, totalling over $1 billion in value.Read more
Aequs raises Rs 448 cr in funding round led by Singapore?s Amansa Capital
Other investors include Steadview Capital, Catamaran, Sparta Group, and other individual investors. Capital to fund entry into new Advanced Technology Products vertical and existing operations.Read more
Global manufacturing output set to grow by a mere 0.3% in 2024
According to the firm Interact Analysis? latest research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.Read more
NTPC inks MoA with EIL for green fuels and green fertiliser
The MoA was signed by U K Bhattacharya, Director (Projects) NTPC Ltd and Atul Gupta, Director (Commercial), EIL in the presence of Jaikumar Srinivasan, Director (Finance), NTPC, Rajiv Agarwal, Director (Technical), EIL and other senior officials of NTPC aRead more
Honeywell's infrared-based flame detector enhances plant safety
Honeywell recently announced a new infrared-based (IR) technology that quickly and reliably detects hydrogen flames – before they grow into major fires. Read more
Automation, digitalisation and electrification must go hand in hand
….this is ABB’s vision, says Subrata Karmakar, President- Robotics and Discrete Automation, ABB India in this interview. The company follows a 5-step process of Enable, Integrate, Model, Analyse and Deliver leading to technology adoption, he added.Read more