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Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth

The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companiesRead more

Morgan Stanley says India unlikely to match China's 8-10% growth

Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more

Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India

On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more

Syngene's Biologics manufacturing facility in India operational from mid-year

The facility also includes two high-speed vial filling lines capable of producing up to one million vials per day ranging from one to 100ml fill volumesRead more

India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal

The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more

Lenovo report shows 95% of Indian CIOs favor AI investment for 2024

According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more

nasscom CoE teams up with Capgemini for Smart Manufacturing in India

The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more

Toy giants shift focus from China to India, exports surge 239%

According to a report by market research firm IMARC, the toy industry in India was valued at $1.7 billion in 2023 and is expected to reach $4.4 billion by 2032, exhibiting a growth rate of 10.6 per centRead more

Raychem RPG's 'Make in India' boosts electricity projects

This success will enhance the acceptability of Raychem RPG’s 245kV cable accessories not only in the Indian markets but also in SAARC countries, namely Bangladesh, Nepal, and SrilankaRead more

Government approves new EV policy to attract big investment in manufacturing

As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more

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