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State oil companies are investing in petrochemical; despite facing oversupply
The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.Read more
Honeywell’s tech to be used for 100,000 tons aviation fuel production for Jiutai
Inner Mongolia Jiutai Group will use eFining to convert its methanol-to-olefins (MTO) facility into a SAF production plant.Read more
Niti Aayog member Virmani encourages Chinese investment to push local production
China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more
EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV
EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more
BorgWarner provides Buick vans with wet clutch and hydraulic control module
With a compact and lightweight design, it facilitates clutch pressure control and cooling for the clutch and electrical motor and integrates the tandem E- pump and temperature sensor.Read more
Mitsubishi joins Honda-Nissan alliance amidst Tesla and China reorganisation
Combined with Mitsubishi Motors' 810,000 units, the alliance's total sales reach 8.35 million vehicles.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
China tightens rules for solar PV manufacturing
It increases the minimum capital ratio required for new construction and expansions in the photovoltaic sector to 30%, up from previous requirements of 30% for polysilicon projects and 20% for other PV manufacturing projects. Read more
India aims for $100 billion FDI annually; to attract China interested investors
Giants like Apple and Samsung Electronics have increased their manufacturing presence in India, leveraging incentives provided by Prime Minister Narendra Modi's administration.Read more
India can do with AI what China did to manufacturing; Ola CEO Bhavish Aggarwal
According to the latest IDC report, spending on AI and generative AI (GenAI) in India is projected to reach $6 billion by 2027, growing at a compound annual growth rate (CAGR) of 33.7%.Read more