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Mitsubishi Heavy Industries reports record FY2024; Issues strong FY2025 outlook
Strong performance was led by the Energy Systems segment, particularly Gas Turbine Combined Cycle (GTCC) and Aero Engines, both of which saw substantial demand and improved margins.Read more
Verizon’s 2025 report: Rise in espionage attacks in the manufacturing sector
The report identified malware in 83% of APAC breaches, 80% linked to system intrusion, and ransomware hits half of all cases.Read more
Freudenberg Group reports strong 2024 performance, firming India commitment
Freudenberg's profit margin increased to 9.5 % (up from 9.1 % last year). Read more
India EV market competition grows: Bloomberg report
While growing demand and intensifying competition are driving several automakers to fund their expansion plans via the public markets. Read more
Indian power sector presents Rs.40 trn investment potential
India power sector has the potential for investment of Rs.40 trillion driven by fast-growing consumption over the next decade. Read more
Indian mobility market to double by 2030; Google + BCG Think Mobility Report
The report highlights the need for industry players to recognise the unique and rapidly evolving preferences of India’s diverse mobility consumer cohorts. Read more
India poised to become the global drone hub; Says EY-FICCI report
Experts agree that India can reduce global reliance on Chinese drones, particularly as developed economies adopt the China Plus One strategy. Read more
Electronics sector to create 12 million jobs, but skill gap remains: Report
India's domestic electronics production reached $101 billion in FY23, with mobile phones accounting for 43%, followed by consumer electronics, industrial electronics, and auto electronics.Read more
India to become leading solar PV exporter to US: Report
The report underscores that the Inflation Reduction Act (IRA) has provided a solid framework for renewable energy investments, particularly in solar energy, which has grown to 178 GW in 2023 from 15 GW in 2013. Read more
Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth
The EBITDA margin for Q2 FY25 stood at 16.2%.Read more