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India's plastic exports surge 5.6% in March 2024; but down by 3.5% in FY24

The cumulative value of plastics exports during April 2023 – March 2024 was $11,550 million, as against $11,967 million during the same period last year, registering a decline of 3.5 per cent.Read more

Bhavika Plastek cut down on annual carbon emissions by 430 tons

In a strategic move towards sustainability, Bhavika Plastek made a significant environmental commitment in 2020 by installing a state-of-the-art 311 KW solar plant at its manufacturing facility in Hyderabad.Read more

India implements 5 yrs anti-dumping duties on Chinese imports

These measures were instituted based on the findings of the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry.Read more

Vedanta Aluminium joins International Aluminium Institute (IAI)

Vedanta Aluminium is also India’s largest producer of the metal, manufacturing 2.29 million tonnes of aluminium in FY23, nearly 60% of the nation’s aluminium.Read more

Piyush Goyal upbeat on India's export outlook despite global slowdown

Goyal highlighted the noteworthy achievement of India's goods and services exports, surging from $500 billion two years ago to an impressive $776 billion in 2022-23.Read more

Global geared products market anticipates slowdown; India to prop up revenue

Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more

Hyperloop One shuts down amid contract failures and asset liquidation

Headquartered in Los Angeles, the company, known for achieving the world's first passenger ride on a super high-speed levitating pod system in 2020, will liquidate its remaining assets.Read more

India should slow down SUVs buying: Global NCAP, Exe. President

Mr David Ward, Executive president, Global New Car Assessment Programme (Global NCAP) shared insights at the three day ‘Global Road Safety Initiative’ organised by organised by the Institute of Road Traffic Education (IRTE).Read more

India cracks down on pharma: 76 companies ordered to halt production over poor standards

Show cause notices have been issued to over 75% of these companies, the insiders revealed. Of the samples collected from these manufacturing units, 15.1% have been identified as not meeting standard quality (NSQ) criteria.Read more

Quality certification slowdown in China hits Nike, Mitsubishi, Carrier

Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more

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