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Posco Daewoo set to revitalise Indian market with electric mobility, consumer electronics

Apart from electric bikes and e-cycles, the company plans to introduce a range of power and energy products, including solar panels and inverter batteries, as well as consumer electronics such as LED televisions, air purifiers, and refrigerators.Read more

China imposes export permits on graphite amid global supply chain concerns

This move is part of China's strategy to regulate the supply of critical minerals, particularly in the face of challenges to its manufacturing dominance.Read more

Gulf Oil and S-OIL SEVEN join forces to expand footprint in India

Gulf Oil will oversee the production, distribution, and promotion of premium OEM like KIA India dealer network.Read more

Samsung receives Rs 500 cr incentives under PLI Scheme for increased production

The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more

South Korean battery giants face Chinese competition, eye innovation to stay ahead

South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more

India imposes anti-dumping duty on Chinese Steel amid Surging Imports

China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

Semiconductors sales slump strikes South Korea and Taiwan

Global demand for semiconductors has plummeted this year, hitting the heavily specialised manufacturing economies of South Korea and Taiwan particularly hard says Adrian Lloyd, CEO, Interact Analysis.Read more

GeM become one of the largest public procurement portal, marks 7 years

Government e-Marketplace (GeM) is India's online marketplace for public procurement. It commemorates its 7th Foundation Day and marks achievements in both transaction value and the breadth of the buyer-seller ecosystem.Read more

Semiconductor slump challenges global manufacturing growth

South Korea and Taiwan will be heavily impacted as such a large proportion of their manufacturing is tied to semiconductors and the electronics industry, says Interact Analysis’ report.Read more

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