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Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. 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
The Emergence of Industry 5.0
While many businesses are still in the process of incorporating the concepts of Industry 4.0, Industry 5.0 - which operates basically on strategies of human centric approach, improved resilience and focussed sustainability - is only catalysing the advances with more traction towards achieving the goals.Read more
The effect of modernisation on supply chains
Companies today face challenges related to managing multiple suppliers, navigating international regulations, and addressing logistical hurdles. Read more
FAME -II to focus on consumer aid than direct incentives to EV manufacturers
Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more
Indian to unveil first hydrogen train by year-end
The government plans to release 50 hydrogen trains by 2047.Read more
Imports of medical device surged in India in fy23-34 to Rs 688.85 billion
This marks a 13% increase, with disposables accounting for nearly 17.6% of the growth.Read more
Airbus chooses eight sites to build final assembly line in India
Currently, the Airbus H125 helicopter is manufactured in France, the US, and Brazil, with a combined capacity of nearly 220 units. Read more
SIDBI to create $1 billion green financing fund with $215 million aid from GCF
The GCF, an entity established by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and a $15.6 million grant for capacity building to support SIDBI’s initiative.Read more
Godrej and Boyce to expand in Chennai with Rs 3.5-4 bn manufacturing facility
The 27-acre Ambattur plant currently has a capacity of 90,000 tonnes per annum and has reached up to 66,000 tonnes during peak times.Read more