India to Attract upto USD 1.5B in Employment Opportunities in EV Sector
Saturday, January 18,2025
In an exchange filing on Wednesday, the automotive behemoth Tata Motors and the Tamil Nadu government announced the signing of a Memorandum of Understanding (MoU) to construct a vehicle manufacturing plant with an investment of Rs 9,000crore
One of the biggest tire manufacturers in the world, Goodyear Tire & Rubber Co., has announced that it would down its Malaysian facility on June 30. Over 500 workers are anticipated to be impacted by this decision.
Indian Oil Corporation Ltd. (IOC), a domestic oil company, recently declared that it will start manufcturing Formula 1 (F1) fuel in three months.
Official sources stated that the $11 billion (Rs 91,000 crore) manufacturing project of Israel-based Tower Semiconductor is now unlikely to be sanctioned until after the general elections.
With the expected groundbreaking ceremony of three new semiconductor projects worth $15.14 billion, including two from the Tata Group, scheduled for next week, India is set to embark on an ambitious journey in the semiconductor industry.
Following news that iPhone sales had decreased in China, Asia-Pacific markets saw a general decline on Wednesday, reflecting a tech sell-off on Wall Street spearheaded by Apple.