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Vedanta Aluminium patents innovative breakthrough in bauxite refining process
Developed in collaboration with IIT Kharagpur, the innovative process will enhance resource efficiency and curb energy consumption.Read more
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
Israeli chipmaker Tower Semiconductor explores Indian fabrication facility
Chief executive officer Russell C Ellwanger and other senior executives from the Israeli chipmaker recently met officials at the ministry of electronics and information technology (MeitY) and the India Semiconductor Mission.Read more
CII delegation explores enhanced trade ties with Taiwan
Convenor of CII Tamil Nadu Textile Panel, delved into areas of mutual interest such as man-made fabrics, sustainable and technical textiles.Read more
MeitY considers independent PLI for electronics components manufacturing
It is anticipated that the ministry will engage in discussions regarding this proposal with the Ministry of Commerce and Industry, as well as NITI Aayog, to explore the potential and framework of the scheme.Read more
Koppu Sadashiv Murthy appointed Chairman and MD of BHEL
The decision was made during the board meeting held on October 30. The Ministry of Heavy Industries communicated the approval from the Appointment Committee of the Cabinet (ACC) to BHEL.Read more
L&T ventures into fabless semiconductor design
L&T will concentrate on the design aspect, avoiding manufacturing due to intense competition from global players, particularly in China.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