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Vande Bharat trains hold significant export potential: Moonish Ghuge

In this interaction with Rakesh Rao, Moonish Ghuge, President, Traction division, Motion business, ABB India Ltd, highlights on how heavy investment in the railway sector is creating business opportunities for OEMs and their suppliers.Read more

India’s defence production reaches Rs 1.27 trillion; exports to 90+ countries

India's defence exports crossed Rs 210 billion for the first time in 2023-24, and the ministry has set a target to increase this figure to Rs 500 billion within the next five years.Read more

Indian Railways and Wabtec partner to boost global locomotive exports

The plant in Bihar will produce locomotives specifically for international clients.Read more

Deccan Gold Mines Ltd.’s subsidiary DGMoZ, ships first lithium ore to China

The shipment, totalling 150 tons with a grade of 2.5% Li?O, marks DGML’s debut in the fast-growing lithium market.Read more

High freight costs and container dependence knock India's exports; GTRI

Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more

Vedanta eyes global EV market with nickel production expansion

This initiative aligns with India's broader goal to reach $1 trillion in exports by 2030, up from $437 billion in the 2023/24 fiscal year.Read more

China's steel exports a concern for India; Tata Steel TV Narendran

China, which produced 54% of the world’s crude steel in 2023, has been increasing its steel exports amid a slowdown in domestic demand, particularly due to challenges in its real estate sector.Read more

India's electronics manufacturing to quadruple by 2030; Says Nomura

Exports are projected to grow at a robust 35% CAGR, potentially reaching $210 billion by FY30, while domestic consumption is expected to increase at a 15% CAGR.Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

Switzerland green lights historic India-EFTA trade agreement

Signed in March, this comprehensive agreement is designed to enhance trade in pharmaceuticals, manufacturing, and emerging technologies, with a projected investment of $100 billion in India over the next 15 years.Read more

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