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EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more
Alstom to supply driverless CBTC technology for Bengaluru Metro
The contract worth Euro 96.2 million with Bengaluru Metro Rail Corporation (BMRCL), includes training of personnel and annual maintenance for 5 years.Read more
Capital goods train delay hits India Inc's capex plans
Southeast Asian manufacturing hubs such as Taiwan, Vietnam and Indonesia are expanding component-level manufacturing.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Robotics firm DiFACTO raises Rs 400 million in funding from Stakeboat Capital
DiFACTO has three factories in Bengaluru, branches in Pune and Gurgaon, and a wholly-owned subsidiary in Michigan, USA. Read more
Nonconventional routes to MSME financing
Despite playing a vital role in the economy, micro, small and medium enterprises (MSMEs) often struggle to access affordable financing necessary for their growth. In this article, Rakesh Rao explores some non-traditional routes to ease funding pressure on MSMEs.Read more
Embedded Finance: Unlocking Working Capital for MSMEs to Propel Growth
- Embedded financing emerges as the guiding light steering businesses towards financial stability.Read more
India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia
This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more
3 Ways automation is shaping the future of industrial cutting
Automated cutting machinery has opened more opportunities for increasingly complex work handled in less time and with fewer or no workers, says Emily Newton.Read more
Indian Warehousing developers rush for land amid shift from China
Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more
