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EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV
EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more
BorgWarner provides Buick vans with wet clutch and hydraulic control module
With a compact and lightweight design, it facilitates clutch pressure control and cooling for the clutch and electrical motor and integrates the tandem E- pump and temperature sensor.Read more
Mitsubishi joins Honda-Nissan alliance amidst Tesla and China reorganisation
Combined with Mitsubishi Motors' 810,000 units, the alliance's total sales reach 8.35 million vehicles.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
India aims for $100 billion FDI annually; to attract China interested investors
Giants like Apple and Samsung Electronics have increased their manufacturing presence in India, leveraging incentives provided by Prime Minister Narendra Modi's administration.Read more
India can do with AI what China did to manufacturing; Ola CEO Bhavish Aggarwal
According to the latest IDC report, spending on AI and generative AI (GenAI) in India is projected to reach $6 billion by 2027, growing at a compound annual growth rate (CAGR) of 33.7%.Read more
TRSL to exploit export market amidst China Plus One; expand global reach
A team from Titagarh has been exploring business opportunities in South and Southeast Asia, West Asia, Africa, the US, and South America.Read more
Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more
China faces plastic overcapacity; strains global trade relations
Some sectors of China's vast petrochemical industry are operating at half capacity as producers scale back.Read more
India may gain from trade restrictions against China says IMF Chief Economist
The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.Read more