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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

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