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India navigates green steel transition amidst European scrutiny
This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more
India's circular economy set to reach $2 tn by 2050, creating 10 mn jobs: CII roadmap
In this roadmap, the CII and various industry stakeholders advocate for the establishment of a new entity called the National Circular Economy Authority (NCEA).Read more
Tata plans massive iPhone assembly plant in India
The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more
India's green hydrogen initiative garners interest, major players sit out initial subsidy auction
Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more
Indian defense firms secure global rankings amidst rising arms demand
The Stockholm International Peace Research Institute (SIPRI) recently published a report, disclosing that HAL, BEL, and MDL, all Indian defense PSUs, secured positions among the top 100 arms-producing companies.Read more
Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods
The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more
International Hardware Fair 2023, pioneers new era in global hardware dynamics
The much-anticipated International Hardware Fair India (IHF India) made a grand entry at Pragati Maidan, New Delhi, ushering in a new era for the hardware industry in India.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
Michuang cyclone disrupts ortho implants production at TTK Healthcare facility
Officials were assessing the situation and undertaking all the requisite actions to resume operations.Read more
Yokohama expands Indian operations to meet soaring demand for larger tires
While still importing certain high-end tires, Yokohama maintains a strong commitment to local production in India, with up to 97% of its products manufactured domestically.Read more