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Indian automobile sector sees mixed growth in Q2 2023-24
According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales in India experienced a 1.87% year-on-year increase, reaching 3,61,717 units last month.Read more
ARAPL signs $1.5 million with a leading American company, stocks high
In the past year alone, Affordable Robotic & Automation?s (ARAPL) stock has soared by an astounding 391.25%, solidifying its position as a true multibagger stock.Read more
Indian govt to scrap 11,000 aging central armed police force vehicles
The Ministry of Home Affairs has also requested all state governments and Union Territory administrations to take necessary steps for scrapping worn-out operational vehicles of state police organisations and to replace them with better technology and fuelRead more
Karnataka's MSMEs struggle amidst Power Supply woes
A consistent power supply is crucial for manufacturing, and power interruptions are expected to adversely impact the state's economy as a whole.Read more
India reverses laptop import restrictions amid backlash
The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more
India's leading solar manufacturers call for trade barriers amidst import influx
India's largest manufacturer of solar modules is urging the government to reintroduce trade barriers to shield it from competition from countries like China and Vietnam.Read more
Yokohama accelerates local tire production in India
Yokohama Rubber, operating in India through a wholly-owned subsidiary, is constructing a new facility in Visakhapatnam, supplementing its existing plant in Bahadurgarh, Haryana.Read more
VinFast Auto explores Indian manufacturing, eyes entry into EV market
VinFast Auto proceeds with this investment plan, it would mark a significant milestone as the first Vietnamese automaker to establish a presence in India.Read more
Dhruva Space unveils state-of-the-art Space Technology Hub in Shamshabad
The upcoming facility, located at the TSIIC (Telangana State Industrial Infrastructure Corporation) Hardware Park II in Shamshabad, will specialise in producing satellite platforms and subsystems, satellite orbital deployers, ground station equipment, and more.Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more