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Goyal urges auto component makers to seek investment from EFTA countries

The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more

India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

Solar investments dominated by developed nations and China: ISA

The ISA, which was founded at the 2015 Paris climate change conference, is currently working with 92 countries to create an enabling environment for solar deployment.Read more

Welspun approves $100 million investment to boost US pipe manufacturing

The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more

Ramkrishna Forgings approves Rs 575 million aluminium forging project investment

Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more

India's global FDI share drops to 2.1% in 2023

Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more

BC Jindal Group announces $2.5 billion green energy investment

The new investment will focus on setting up solar equipment manufacturing facilities and developing 5 gigawatts (GW) of green energy capacity. Read more

US plans $1 billion investment in clean energy manufacturing in India

With upcoming US elections and significant global environmental issues, Podesta highlighted the importance of strengthening the partnership between the two nations.Read more

Scimplify secures $9.5 million in Series A funding led by Omnivore

Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more

Niti Aayog member Virmani encourages Chinese investment to push local production

China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more

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