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India's growing economy set to outpace China temporarily: IMF
According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more
Ministry to set up Bharat Semiconductor Research Centre, targets global leadership by 2028
Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said.Read more
Hindustan Aeronautics targets global markets with new export division
HAL plans to target various countries, including Argentina, Nigeria, Egypt, and the Philippines, offering its light combat aircraft (LCA) Mk-1A and advanced light helicopter (ALH).Read more
China imposes export permits on graphite amid global supply chain concerns
This move is part of China's strategy to regulate the supply of critical minerals, particularly in the face of challenges to its manufacturing dominance.Read more
Global 'Invisible' E-Waste crisis: $10 bn worth raw materials discarded annually
The United Nations revealed that consumers worldwide discard or retain unused electronic devices, containing valuable raw materials essential for the green energy transition, amounting to nearly $10 billion annually.Read more
International Tractors unveils global expansion plans, launches 5 new products
Company is in the process of establishing a dedicated export facility with a capacity of 100,000 units adjacent to its existing plant in Hoshiarpur, Punjab.Read more
India aims to lead global hydrogen equipment market, expects $50bn industry by 2030
The report, titled ?Hydrogen Equipment Manufacturing and Services,? outlines the market breakdown, allocating 34% for electrolyser stacks, 62% for Balance of Plant equipment, and 4% for specialised engineering services.Read more
Indian Patent Office boosts workforce to address surging Intellectual Property Applications
Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a top government official said.Read more
Indian Biogas Association secures Rs 2,755 cr investments at REI Expo 2023
Gaurav Kedia, Chairman of IBA, revealed that the association, representing bioenergy plant operators, manufacturers, and planners, received these commitments during the expo.Read more
Indian Steel Association urges govt action amid surge in Chinese imports
Alok Sahay, the secretary general of the group representing India's steel producers, emphasised the need for systemic changes.Read more