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Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
CDIL eyes Semiconductor Fab in India amid expansion plans
Continental Device India is concentrating on its local ATMP business, planning to expand its current production capacity of 500 million units by an additional 100 million units.Read more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
Skanda Aerospace launches cutting-edge aerospace gear facility in Hyderabad
This collaborative venture, involving Hyderabad-based aerospace and defence component manufacturer Raghu Vamsi Machine Tools and the US Company Rave Gears, has invested Rs 75 crore in its initial phase.Read more
Sourav Ganguly ventures into Steel Industry in West Bengal
Addressing the 'Bengal Global Business Summit (BGBS)' in Madrid, Ganguly further stated his confidence in completing the cutting-edge facility within a year's time.Read more
Sterlite invests $56 million in US fiber facility, targets 10-12% market share
This facility will also serve as the company's North American headquarters, marking a significant milestone for Sterlite.Read more
Tiruchi MSME fabrication crisis demands urgent government intervention
Tiruchi, once renowned as a premier fabrication hub in South Asia, owed much of its reputation to the welding expertise cultivated through collaboration with BHEL.Read more
IIT Madras leads Green Hydrogen innovation cluster in Tamil Nadu
This collaboration is a crucial element of the "Hydrogen Valley Innovation Cluster in Tamil Nadu" (HVIC-TN) initiative, which unites nearly 30 companies operating in the hydrogen sector.Read more
INOX Air Products awarded 20-year contract for Nitrogen supply to First Solar
This will be INOXAP’s first ever on-site installation for the solar industry. First Solar’s facility at Pillaipakkam will manufacture high efficiency solar modules.Read more
Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption
MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more