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Danfoss launches made in India hydraulic hoses, Winner EC110 and EC210
By manufacturing Winner EC110 and EC210 range of hydraulic hoses in India, Danfoss Power Solutions (DPS) business takes a significant step towards delivering high-quality, reliable fluid conveyance solutions for the Indian market and promoting localised Read more
Waaree Energies advocates local solar manufacturing
Waaree Energies is exploring new technologies and considering establishing a battery cell manufacturing unit to expand its battery storage business.Read more
Tata Steel navigates short-term gas transition, aims to reduce carbon emission
The company is working on initiatives such as carbon capture and utilisation, hydrogen-based steelmaking, increased use of renewable energy, and incorporating more scrap in steel production.Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
DGTR initiates probe into extending anti-dumping duty on Chinese aluminium alloy wheels
Companies such as Kosei Minda Aluminium Company, Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have jointly submitted an application representing the domestic industry.Read more
NBC Bearings soars into Aerospace industry with strategic investments
As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more
Indian exporters brace for challenges due to Israel-Hamas conflict
International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more
Indian Mobile Phone exports soar, nearing $5.5 billion in 2023
During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more
Thyssenkrupp nucera expands to Mumbai, driving green hydrogen growth in India
Positioned in Vikhroli, northeast Mumbai, the office benefits from its strategic location near one of Asia's major ports, enhancing accessibility and facilitating global operations.Read more
Inox Air Products invests Rs 300-500 cr in Semiconductor Gas Infrastructure Expansion
Managing Director Siddharth Jain revealed that these investments will commence on a small scale this year, with plans for substantial expansion aligned with the demand generated by semiconductor fabrication companies.Read more