Asia can lower rates to shield economy from tariff shock: IMF
Saturday, April 26, 2025
India is set to broaden its electric vehicle (EV) incentives to include automakers manufacturing EVs at existing factories, a shift from the earlier focus on attracting investments for new plants, according to a source familiar with the matter. Th...
India, the world's second-largest producer of crude steel, currently imports 85% of its coking coal needs, with Australia being the dominant supplier. However, disruptions caused by erratic weather in Australia last year, which significantly impac...
Apple is doubling down on its efforts to move component manufacturing from China to India, as part of a strategy to avoid possible tariff hikes on Chinese imports. The tech giant is already in talks with more than 40 companies as part of its plan...
Apple's growth in India has been supported by its key manufacturing partners—Foxconn, Pegatron, and Tata Electronics (formerly Wistron). Together, these firms have helped Apple leverage the incentives provided under the PLI scheme, introduced in 2...
In the past two years, Chinese automakers such as BYD, GAC Aion, and Chery have announced ambitious plans to establish manufacturing facilities in Thailand. BYD and GAC Aion launched operations at their factories in July, contributing to Chinese i...
India and the European Union (EU) have finalised an extensive roadmap for the green hydrogen sector that includes development of infrastructure, technology cooperation and boosting supply chains. The two sides deliberated on ways to enhance coope...