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China's steel exports a concern for India; Tata Steel TV Narendran
China, which produced 54% of the world’s crude steel in 2023, has been increasing its steel exports amid a slowdown in domestic demand, particularly due to challenges in its real estate sector.Read more
Gadkari suggests vehicle scrapping to boost auto sales by 18-20%
Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more
China orders automakers to avoid investing in India to safeguard EV technology
The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more
Caterpillar to invest Rs 5 billion to expand Tamil Nadu facilities
In addition to this MoU, agreements worth Rs 70.16 billion were signed with 16 global companies in San Francisco and Chicago.Read more
FPT Industrial’s F28 engine production line inaugurated in India
With power between 37 and 75 kW for the diesel, it is ideal for both construction and agriculture applications worldwide and in particular for the demanding requirements of the Indian market. Read more
Igus bearings ensures maintenance-free bottling systems
After an extensive series of tests and optimisations, the igubal H3 bearing proved to be the optimal choice and since the changeover in September 2022, these bearings have shown very little wear.Read more
L&T to invest over $300 million to establish a fabless semiconductor company
Semiconductors have become crucial globally, particularly amid the US-China trade tensions, prompting electronics manufacturers to seek alternatives beyond China and Taiwan. Read more
India pushes for strict rules of origin in UK trade pact for auto sector
The Rules of Origin dictate the minimum processing required in the FTA country—in this case, the UK—for a product to be considered as originating from that country.Read more
NXP Semiconductors to invest over $1 billion in India for R&D
The country's semiconductor market is projected to reach $63 billion by 2026.Read more
WRI unveils new robotic gas shielded welding station at BHEL
Krishna Kumar Thakur engaged with WRI experts to discuss ways to enhance the institute's capabilities and also inaugurated the robotic welding station, which will play a key role in training trainees under the CEFC project.Read more