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BYD shifts to import-only strategy in India amid FDI challenges
BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.Read more
Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28
As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more
India's finished steel imports from China reach 7-year high
Additionally, imports of finished steel from Russia also hit a six-year high during the same period, with Russian exports exceeding 54,000 tons—more than double the amount from the previous year.Read more
Importance of preventative maintenance in industrial settings
To enhance the effectiveness of preventative maintenance, industrial facilities are increasingly turning to advanced technologies such as thermography.Read more
Indian steel firms slash prices amid rising imports to protect market share
The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more
Rising costs and weak demand may force steel companies to cut output
In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.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
Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI
The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more
Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion
In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more
DGTR recommends anti-dumping duty on Chinese aluminium foil
The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.Read more