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Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28

As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more

Manufacturing activity hits 8-month low in September: Survey

Business confidence levels also dipped to their lowest since April 2023, reflecting a cautious outlook within the sector. Read more

Vande Bharat trains hold significant export potential: Moonish Ghuge

In this interaction with Rakesh Rao, Moonish Ghuge, President, Traction division, Motion business, ABB India Ltd, highlights on how heavy investment in the railway sector is creating business opportunities for OEMs and their suppliers.Read more

India’s defence production reaches Rs 1.27 trillion; exports to 90+ countries

India's defence exports crossed Rs 210 billion for the first time in 2023-24, and the ministry has set a target to increase this figure to Rs 500 billion within the next five years.Read more

Indian Railways and Wabtec partner to boost global locomotive exports

The plant in Bihar will produce locomotives specifically for international clients.Read more

Deccan Gold Mines Ltd.’s subsidiary DGMoZ, ships first lithium ore to China

The shipment, totalling 150 tons with a grade of 2.5% Li?O, marks DGML’s debut in the fast-growing lithium market.Read more

High freight costs and container dependence knock India's exports; GTRI

Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more

Ford to resume manufacturing in India for export markets

With engine manufacturing operations in Sanand, India remains Ford's second-largest salaried workforce globally.Read more

Vedanta eyes global EV market with nickel production expansion

This initiative aligns with India's broader goal to reach $1 trillion in exports by 2030, up from $437 billion in the 2023/24 fiscal year.Read more

China's steel exports a concern for India; Tata Steel TV Narendran

China, which produced 54% of the world’s crude steel in 2023, has been increasing its steel exports amid a slowdown in domestic demand, particularly due to challenges in its real estate sector.Read more

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