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Sustainability practice in corporates has created business growth for Soma Specialities

Soma Specialities has been the pioneer in introducing mechanised floor cleaning and floor maintenance systems indigenously manufactured in India. Samir Sabu, Director, Soma Specialities, in this interview, lines down the growth and changes of the cleaning industry in India. The company is also the largest manufacturers of single brush floor cleaning machines in India.Read more

Jindal Stainless navigates Red Sea crisis, adjusts export targets, eyes European expansion

Due to the Red Sea issue, both time and cost associated with shipments to Europe have increased. Jindal anticipates a decline in Q4 export sales, revising the target from 15% to around 12%.Read more

ADF Foods targets revenue doubling every 3 yrs, eyes domestic growth

The company aims to capitalize on the increasing demand for pre-cooked food items in both international and domestic markets.Read more

Acme Group targets $300 mn equity raise for Green Hydrogen Ventures

The company, which recently sold 450-550 MW of power assets to BluPine for $180-200 million, is in the initial stages of appointing investment bankers for the equity funding process, conducted discreetly.Read more

India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts

The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more

Turkey tightens grip on Chinese EV imports with stringent regulations

The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more

India, EU navigate WTO dispute on ICT duties amid FTA negotiations

The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more

Chinese researchers predict circular economy in EV Batteries by 2059

According to scientists from the University of Mnster in Germany, China is expected to accomplish this milestone from 2059 onwards by recycling batteries to meet its primary lithium demand for electric vehicles.Read more

Honeywell Launches World’s First 100% Hydrogen-Capable Gas Meter

The Honeywell EI5 smart gas meter, which has been successfully piloted in the Netherlands, is part of a broader initiative to align with the region’s goals outlined in the European Green Deal.Read more

Royal Enfield opens eastern warehouse in Kolkata to supply streamlined parts

The Asia Pacific region plays a substantial role, contributing 20% to Royal Enfield's overall exports.Read more

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