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India's E-scooter startups struggle amidst localisation challenges

A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more

Ather Energy expands globally and boosts production capacity

Ravneet Phokela, Chief Business Officer of Ather Energy, informed that the location for the new facility is yet to be finalised, but it will be located outside Tamil Nadu, where the company's existing plant operates.Read more

NBC Bearings soars into Aerospace industry with strategic investments

As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more

Indian exporters brace for challenges due to Israel-Hamas conflict

International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more

Induction of industry experts into MBA education

Over the years, India has developed a cadre of engineers and managers who have managed to keep the industrial map of India aflutter. In spite of the heavy criticism, Indian engineers have been successful in managing to run large scale factories, says R Jayaraman.Read more

Jindal Steel & Power set to become India's largest single-location steel manufacturing facility

The steel plant in Raigarh will also undergo an expansion of up to 9.6 MTPA from the current 3.6 MTPA, the company said in a statement.Read more

Indian Economy gains momentum by private investments surge

According to the survey conducted in September, two-thirds of the respondents expect a rise in sales and new orders in the second quarter of FY24.Read more

US tech firm, LAM Research eye Karnataka expansion

LAM Research, the prominent US-based semiconductor equipment and services provider, has shown interest in establishing a new laboratory in Karnataka, as confirmed by the office of Karnataka's Minister.Read more

Schneider Electric expands Indian operations, aims for global growth

Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more

Oil India ventures into green hydrogen valleys, renewable energy initiatives

The firm's chairman and managing director, Ranjit Rath, revealed in an interview that OIL is also keen on investing in bioethanol and traditional renewable energy projects.Read more

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