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ACG's Pithampur facility joins Global Lighthouse Network by WEF
The GLN, initiated by WEF in collaboration with McKinsey & Company, is a community of manufacturers demonstrating leadership in leveraging Fourth Industrial Revolution technologies to revolutionise factories.Read more
Dholera Industrial smart city nears completion, set to drive global investments
Gujarat Chief Minister Bhupendra Patel visited the Dholera Special Investment Region (SIR) as part of the preparations for the forthcoming 10th Vibrant Gujarat Global Summit in 2024.Read more
InCore Semiconductors: India's Thriving Hub for RISC-V Chip Design Revolution
CEO G S Madhusudan of the Chennai-based startup InCore Semiconductors envisions India as the focal point for RISC-V chip design.Read more
Aequs expands into ODM with Marvel Toy Collection, overcoming India's Toy Market challenges
Under the terms of this agreement, Aequs will produce a series of 36 pullback cars, each featuring popular Marvel characters.Read more
Sembcorp forges green ammonia partnership with Japanese firms to advance RE goals
Sembcorp Green Hydrogen Pte, in partnership with Japanese conglomerate Sojitz Corp and energy major Kyushu Electric Power, has formalised a memorandum of understanding to explore potential opportunities for green ammonia production.Read more
Govt set to end electric 2W subsidies as FAME III scheme nears conclusion
The reduction in government subsidies for electric vehicles has led to a decline in the sales of electric two-wheelers, though there are indications of sales stabilising.Read more
Gujarat's auto sector accelerates, leading Charge in e-Mobility with global investments
Scheduled from January 10 to 12, 2024, in Gandhinagar, the 10th edition of the Vibrant Gujarat Global Summit serves as a biennial platform for businesses and governments to explore investment opportunities and foster partnerships.Read more
Nirma plans Rs 3,500 cr NCDs issue for GLSL acquisition and business growth
CRISIL, the rating agency, has assigned an “AA” rating to Nirma's proposed NCDs, reaffirming ratings on the company's existing bank facilities and debt instruments.Read more
India's Long-Term Foreign Investment Outlook Strong despite Recent Dip: DPIIT secretary
Rajesh Kumar Singh, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), emphasised that ongoing geopolitical conflicts and economic challenges in advanced economies would not significantly impact foreign direct investment (FDI) flows to India.Read more
India seeks to justify RoDTEP reimbursements amid US countervailing duties
This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021.Read more