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Quality certification slowdown in China hits Nike, Mitsubishi, Carrier
Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more
Govt mulls revised telecom incentive scheme as companies struggle to meet targets
The updated scheme is anticipated to extend eligibility for incentives to some new telecom networking products.Read more
Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations
The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more
Minister assigns top priority to critical projects of the Northeast by Jan, 2024
Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.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
Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more
Indian Biogas Sector sees surge: Expects Rs 1,500 cr in Foreign Investments
During the Renewable Energy India Expo 2023, investment agreements amounting to Rs 2,755 crore were sealed, nearly double the figures from the previous year.Read more
Indian Airlines embrace local sourcing for non-critical aircraft parts
According to executives from Air India and IndiGo, the aviation sector in India is adopting a trend prevalent in the US, aiming to gain cost and time benefits for carriers.Read more
Samsung expands Texas chip plant amidst AI chip supply deal
Samsung is embarking on the construction of an additional building within its semiconductor chip plant in Taylor, encompassing approximately 2.7 million square feet.Read more
India's first vertical lift railway bridge, New Pamban, nears completion
The new Pamban Bridge stands at 90% completion, with its foundation stone laid by PM Narendra Modi in 2019.Read more