India to Attract upto USD 1.5B in Employment Opportunities in EV Sector
Saturday, January 18,2025
Amid the persistent Red Sea crisis, Indian steel manufacturers fear potential repercussions on exports, exacerbating challenges in the face of reduced demand and heightened global competition.
The government's recent decision to confer the prestigious Padma Bhushan award upon Young Liu, the Chief Executive Officer of Foxconn, serves as a notable recognition of the Taiwan-based company's instrumental role in advancing India's Make in India
In a significant development for the rail manufacturing sector, Titagarh Rail Systems (TRSL) and Amber Group have announced a strategic alliance, forming a Joint Venture (JV) or Special Purpose Vehicle (SPV) in both India and France.
Prolonged disruptions at the critical Red Sea trade route pose a threat to manufacturing processes in sectors such as electronics, automobiles, chemicals, consumer goods, and machinery, cautioned the economic think tank GTRI on Sunday.
India's Tata group and Airbus from France have entered into an agreement to manufacture civilian helicopters in India, featuring a substantial indigenous and localization component, as announced by India's Foreign Secretary Vinay Kwatra.
Republican state attorneys general are criticizing their Democratic counterparts for urging President Joe Biden to shut down a major ammunition factory in Missouri.