Siemens Boosts Manufacturing Capacity to bolster Make in India Initiative
Monday, February 24,2025
Drone strikes on Russian refineries, dramatic drops in U.S. crude and gasoline supplies, and rising energy demand estimates all helped to drive up oil prices
According to Trend, Kazakhstan anticipates a slow decline in Brent oil prices in the upcoming years.
It is impossible to exaggerate the importance of Malaysia's semiconductor sector, which acts as a spur for innovation, economic expansion, the creation of highly skilled jobs, and a competitive advantage in the international market.
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.