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Govt expresses concerns over Lava International arrest
Lava International, a beneficiary of the government’s production-linked incentive (PLI) scheme for domestic smartphone manufacturing, fell short of the revenue target set for fiscal year 2023.Read more
Piyush Goyal urges Indian industries to transform India into Global Manufacturing Hub
The discussions took place on 12 sectors, including textiles, capital goods, defence, aerospace, space, metals, leather, mining, energy, food processing, chemicals, medical devices, and drones.Read more
Indian Solar exports skyrocket, fuelled by US market success
Between April and July 2023, India's solar cell and module exports surged to $628.38 million, marking a staggering 1,062% increase from the $54.04 million recorded in the same period of 2022.Read more
STL, Hygenco partners for green hydrogen revolution in India's Optical Industry
Under this extensive long-term agreement, Hygenco will oversee the operation of a Green Hydrogen facility for STL for a period of 20 years.Read more
Kerala govt launches Comprehensive Insurance Scheme to safeguard MSMEs
As of now, Kerala is home to more than three lakh MSMEs, with around 1,40,000 entities registered under the government's Year of Enterprises initiative.Read more
Taiwan Machine Tools open platform shines at EMO Hannover 2023
Over 46 international media and 30 global buyers and agents participated in Taiwan's International Press Conference on September 18th to discover the latest developments in Taiwan's global trends.Read more
Taiwan 144 exhibitors harvested rich orders at EMO 2023
Amidst the global economic challenges, major machine tool manufacturers had scaled down their exhibition presence at EMO 2023.Read more
Yaskawa unveils Motoman GP20: Redefining precision in automation
Far beyond a mere machine, the GP20 epitomises cutting-edge technology, unmatched precision, and unparalleled speed.Read more
Global energy demand soars despite non-fossil fuel growth: EIA Report
The EIA outlined various scenarios indicating a rise in global carbon dioxide emissions from energy sources by 2050.Read more
Indian govt pushes for advanced vehicle connectivity to enhance road safety
A draft report from an Indian government panel suggests that automakers incorporating advanced connectivity features in vehicles, enabling communication with other vehicles and external systems, could receive better crash test ratings.Read more