ELGI Sauer Compressors Sets Up Manufacturing Plant In Tamil Nadu

Monday, May 15,2023

ELGI Sauer Compressors Ltd, a joint venture between Elgi Equipments Ltd and the Sauer Compressors Group of Germany, has established a manufacturing plant with an investment of approximately Rs 400 million. Officials claimed the 50,000-square-foot ...


South Korean Battery Exports To Grow by 33% Boosting GDP by 0.3%

Tuesday, May 09,2023

South Korean battery exports are expected to grow at a 33 percent annual rate until 2030, boosting the country's GDP growth by 0.3 percent, according to a Goldman Sachs report released Monday. According to the global investment bank, global sales ...

BYD To Manufacture EVs In Vietnam With Government Support

Monday, May 08,2023

BYD intends to manufacture electric vehicles (EVs) in Vietnam and anticipates government support, the South-east Asian country said following a May 5 meeting between Deputy Premier Tran Hong Ha and the automaker's chairman and founder, Wang Chuanf...

AC Manufacturer Daikin Crosses $1 Billion Revenue In FY23 In India

Monday, May 08,2023

Daikin Air Conditioning India expects to become a USD 2-billion company in the next three years, having passed the USD 1 billion mark in FY23, according to Chairman and Managing Director Kanwaljeet Jawa. For the fiscal year ending March 31, 2023...


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