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India Reports Strong Growth in Auto Components Sector

Monday, December 16, 2024

The demand for Utility Vehicles (UVs) within the Passenger Vehicle (PV) segment grew by 13 percent, whereas UV1 models (ranging from 4000 to 4400 mm in length and priced under Rs 20 lakh) saw a 25 percent increase in sales...


Indian EV Development Geared towards Lithium-ion Niche

Wednesday, December 11, 2024

India is on track to receive approximately $40 billion in investments in the Electric Vehicle (EV) sector and related industries within the next five to six years. This surge in funding underscores the country’s strategic push toward sustainable m...

India's Coal-Powered Steel Industry Challenges Net Zero Target

Wednesday, December 11, 2024

According to a report by Global Energy Monitor (GEM) released on Tuesday, India’s strategy to boost its coal-based steel production capacity could disrupt the nation’s intention of achieving net-zero carbon emissions by 2070. India, the globe’s...

India's NICDP Facilitating Creation of New Manufacturing Hubs

Tuesday, December 10, 2024

The government is advancing industrial corridor projects under the National Industrial Corridor Development Programme (NICDP) to establish greenfield industrial areas, regions, and nodes. These projects aim to position India as a competitive globa...

China Records Manufacturing Growth Despite Economic Challenges

Tuesday, December 10, 2024

China’s manufacturing sector expanded for the second month in a row in November, with the official purchasing managers’ index rising to 50.3, supported by Beijing's ongoing stimulus efforts that have improved certain aspects of the struggling...


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