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EU lowers planned tariff on Tesla's china-made electric vehicles to 9%

The tariffs are in addition to the EU's standard 10% duty on car imports.Read more

Indian pharma exports surge with 8.36% growth in July 2024

The Indian pharmaceutical industry is projected to grow to $65 billion by 2024 and to $130 billion by 2030. Read more

DCGI introduces guidelines for product traceability in pharma supply chain

The introduction of these guidelines is particularly timely, as the Indian pharmaceutical industry has come under scrutiny following reports linking spurious cough syrups from India to children's deaths in Gambia, Cameroon, and Uzbekistan.Read more

Euler Motors unveils Rs 1 billion EV factory in Haryana; to supply 36,000 EVs

The plant features advanced automation technologies, including an EMS Hanger system for efficient vehicle handling, Trailing Arm Fitment Assist for improved assembly, and a vacuum-based brake oil filling machine to reduce spillage.Read more

India’s API industry expected to grow 7-8% in FY25

The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more

FDI in manufacturing reaches $165 billion; 69% growth over last decade

This sector surge is largely driven by production-linked incentive (PLI) schemes.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

Made-in-India Yamaha Ray ZR 125 sees success in Europe

The model has shipped around 13,400 units between the January to July period in 27 European countries.Read more

Indian manufacturing sector sentiments improved for Q1 24-25: FICCI

The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more

Avians High-Speed Clean Room Doors for Controlling Contamination

Clean rooms are critical in sectors such as pharmaceuticals, semiconductor fabrication, biotechnology, food processing, etc. In these industries, which are required to adhere to stringent contamination control standards, Avians high-speed clean room doors are emerging as a game-changing solution.Read more

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