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German industrial orders fall sixth consecutive month amid weak foreign trade
The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. Read more
Tamil Nadu faces skills gap amidst rising graduate numbers joining the workforce
The state government’s Naan Mudhalvan scheme, aimed at creating entry-level jobs, has been praised, though experts suggest expanding its scope and involving more firms. Read more
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The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more
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Aviation Minister Naidu aims to establish aircraft manufacturing in India
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BoAt surpasses 50 million 'Made in India' products despite market slowdown
BoAt retains its position as the market leader with a 26.7% share, even though its shipments fell by 9.8% year-over-year. Read more
Danfoss India launches condensing unit to transform dairy sector
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Following the results, Samvardhana Motherson's shares fell by as much as 4.5%, closing 2.8% lower at Rs 182.9. Despite this decline, the stock has gained 70% in 2024.Read more
Automation Expo 2024 to showcase innovations in AI and Robotics
The event will be held from August 21 - 24 at the Bombay Exhibition Center (BEC), Nesco, Mumbai.Read more