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Ministry of Heavy Industries champions localisation for global manufacturing hub
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more
Tesla nearing deal for India Entry, possible factory setup by 2025
Tesla is prepared to make an initial investment of approximately $2 billion in any plant, with plans to increase purchases of auto parts from India to potentially $15 billion.Read more
TVS Motor launches NEO AMI 125 Scooter in Africa, expands global reach
With a business footprint spanning over 80 countries across Asia, Africa, and Latin America, the company recently expanded into the European market.Read more
Global MRO Giant StandardAero explores JV in India with surging aviation growth
Safran, a French engine manufacturer, plans to establish its largest MRO facility for commercial aircraft engines in Hyderabad by 2025.Read more
WCA transforms into FutureCoal: Pioneering sustainable solutions for global energy
FutureCoal aims to represent major and strategic players throughout the coal value chain, advocating for an inclusive international policy framework encompassing fuel and technology.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more
India approves 27 firms for in IT Hardware Manufacturing Boost
Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more
Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics
GreenLine, in its mission to pioneer sustainable freight transportation, is investing Rs 200 crore to deploy LNG-powered trucks for Hindustan Zinc's road logistics operations.Read more
Airbus strengthens 'Make in India' with agreements with four Indian suppliers
These contracts pertain to the production of airframe and wing parts for Airbus' A320neo, A330neo, and A350 programs.Read more
India explores free trade agreements to boost MSMEs' global procurement access
Many countries prioritise MSMEs in their public procurement, and India also supports its MSMEs by offering special purchase preferences.Read more