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Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market

Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more

India's Hydrogen Market Soars: $21.9 Billion by 2030

A report, authored by MarketsandMarkets Research noted that global demand for hydrogen ranged between 90 million metric tons (mmt) and 100 mmt, with India contributing 7% of the global demand in 2022.Read more

Tech professionals drive into India's Automotive Industry for High-Potential Careers

Human resources experts attribute this shift to the technological transformation happening within the automotive industry, as vehicles evolve into "gadgets on wheels."Read more

Dutch PM Rutte explores UPI, talks semiconductors during Bengaluru visit

Rutte disclosed the success of his meetings with Deputy Chief Minister D K Shivakumar, highlighting discussions with both central and state governments on potential avenues for expanding the semiconductor industry in Bengaluru.Read more

India's Semiconductor industry aims to create 1.2 million jobs

Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more

Indian Air Force successfully tested the Type V Heavy Drop System from a cargo aircraft

Type V Heavy Drop System designed & developed by DRDO is capable of carrying up to 20 Ton of cargo via parachute in inaccessible places.Read more

DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu

DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more

The Battery Show India 2023 sparks India's $150 bn energy revolution

India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more

With automotive supply chains stabilising, focus on sustainability expected to rise back up automakers’ agendas

A report by Capgemini Research Institute shows that the auto organisations are more confident to tackle future supply chain disruptions, having slashed backlog orders by 61%. A further 39% reduction is predicted in the next year.Read more

Ultra-low voltage motors market worth $6.5 bn by 2027

New research by market intelligence firm Interact Analysis shows mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027. Maxon, Ametek and Minebea Mitsumi are top three players.Read more

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