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Tesla nearing deal for India Entry, possible factory setup by 2025
Tesla is prepared to make an initial investment of approximately $2 billion in any plant, with plans to increase purchases of auto parts from India to potentially $15 billion.Read more
Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins
Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Fragile manufacturing industry recovery in 2025 reliant on prudent fiscal policies
The US and Europe are both on the brink of a short minor recession in 2024, as green shoots of a tentative recovery are seen elsewhere in the global manufacturing economy.Read more
Dassault, Reliance forges ahead to commence Falcon Jet production by 2025
Production is slated to commence at a rate of 18 aircraft per year, with the potential to scale up to 22 aircraft.Read more
Govt imposes nationwide ban on electric detonators starting April 2025
In a notification, the Department for Promotion of Industry and Internal Trade (DPIIT) has said that the central government is of the opinion that electric detonator is of a Read more
Indian Ministry focuses on empowering MSMEs through skill development
This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more
DBS Bank India targets $1 bn SME loan portfolio by 2025
DBS India's SME portfolio stands at around Rs 5,000 crore, exhibiting a robust Compound Annual Growth Rate (CAGR) of 40% over the past three years.Read more
Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu
The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more
Canada officially becomes the partner country at Hannover Messe 2025
Isabelle Poupart, Minister and Deputy Head of Mission at Embassy of Canada to Germany, and Dr Jochen Köckler, Chairman of the Managing Board, Deutsche Messe AG officially signed the Memo of Understanding making Canada the partner country at Hannover Messe 2025 on April 17. Read more