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Global manufacturing output set to grow by a mere 0.3% in 2024
According to the firm Interact Analysis? latest research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.Read more
ABB's EEM releases report on reducing global carbon emissions by 11% by 2030
The EEM is a global forum founded by ABB, and now consisting of more than 400 organizations, that shares ideas, best practices and commitments to create a more energy-efficient world.Read more
Wardwizard to develop Electric Vehicle Ancillary Cluster by 2024 in Gujarat
The leading manufacturer of electric vehicles under the ?Joy e-bike? brand in India, signed a Memorandum of Understanding (MOU) with the government of Gujarat to invest Rs 2,000 crores.Read more
Lubrizol, Grasim Industries break ground for CPVC resin plant in Gujarat
The facility located at the Grasim Industries? site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications.Read more
GBA will facilitate access to technology, policy interventions in global south
…opines Dr Pramod Chaudhari, Executive Chairman, Praj Industries in this interview on the declaration of Global Biofuel Alliance at G20 Summit 2023.Read more
Global life sciences leader Cytiva opens manufacturing facility in India
The manufacturing facility in Pune will double Cytiva’s manufacturing capacity in India and the Experience Center will provide critical training programs to accelerate the development of novel therapeutics.Read more
India's Electronics exports stumble, facing sharp decline in global demand
India's electronics exports experienced a significant dip in September, hitting a 13-month low and declining by 3.7% compared to the previous year.Read more
Sigachi Industries expands globally with strategic partnership in Saudi Arabia
Through their wholly owned subsidiary, Sigachi MENA FZCO, and SNP, they have jointly established Sigachi Arabia, with Sigachi MENA FZCO holding a substantial 75% stake and SNP owning the remaining 25%.Read more
India introduces new import authorisation system for Laptops and Tablets
The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.Read more
India emerges as key global supply chain player despite challenges: BofA report
India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more