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VinFast chooses Tamil Nadu for global ev manufacturing hub in India

Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.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

Altair announces Future.Industry 2024 global flagship event

The company’s flagship annual event, which will take place virtually on March 6-7, 2024.Read more

Dixon Technologies: Scaling heights in global electronics manufacturing with PLI

Despite catering to Taiwanese and Chinese clients, Dixon strategically aligns itself with the Indian government's policy through both contracts falling under the revamped production-linked incentive (PLI) scheme for IT products.Read more

Adani Energy partners with Esyasoft for global smart metering ventures

The announcement also underscores the growing relationship between Adani and Abu Dhabi's International Holding Co, a significant shareholder in Esyasoft through its subsidiary, Sirius International Holdings.Read more

PTC Industries, Nasmyth forge strategic partnership for Global Aerospace Solutions

PTC Industries seeks to enhance its capabilities to better serve the specific requirements of Indian customers and execute projects more efficiently.Read more

India's Manufacturing sector holds strong in December despite PMI Dip

S&P Global, the compiler of the index, noted that December's PMI reading signifies a substantial improvement in the sector's health. Despite being above the long-term series trend, it contributed to the lowest quarterly average (55.5) since Q1 2022-23.Read more

Bosch India realigns its global mobility business

Bosch, a leading supplier of technology and services, has realigned its Mobility Business to deliver regional growth and customer centricity.Read more

China's rare earth export ban sparks global race for alternative technologies

Rare earths, a set of 17 metals essential for manufacturing magnets used in electric vehicles, wind turbines, and electronics, are at the centre of this geopolitical struggle.Read more

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