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Electronics Firms Seek Rs 35,000-crore Incentive Plan For Components

Monday, May 27, 2024

The electronics manufacturing industry is encouraging the public authority for a ₹30,000-₹35,000 crore production-linked incentive (PLI) plot for parts and sub-gatherings, alongside capital consumption reinforcement to help surging exports of cell...


TVS Motors Commences Operation in Italy

Friday, May 17, 2024

TVS Motor Company Ltd announced on Wednesday that it has commenced operations in Italy, with plans to introduce a range of both conventional and electric scooters and motorcycles. The company is expanding its presence in Italy through its branch o...

Nio to Secure Batteris from BYD for their Latest EV Automobile

Thursday, May 16, 2024

Nio, a Chinese electric vehicle manufacturer, has collaborated with its larger competitor, BYD, to procure batteries for a new electric vehicle brand, according to three sources familiar with the situation. This partnership represents a strategic ...

Two Wheeler Manufacturers Make Record Profits on Spare Parts

Thursday, May 16, 2024

Two-wheeler manufacturers Royal Enfield, Bajaj Auto, and Hero MotoCorp have reported record revenue from the sale of branded genuine parts, accessories, and merchandise in FY24. This surge in revenue is attributed to a more organized market for th...

Aluminium Manufacturers Reporting 25% Growth in FY24: CRISIL

Thursday, May 16, 2024

Indian primary aluminium manufacturers are projected to experience over 25% operating margin growth in the current fiscal year, attributed to sustained healthy demand, improved realizations, and a probable reduction in production costs due to cheaper

TSMC Enroute to Independently Manufacture 2nm Chips

Wednesday, May 15, 2024

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has indicated that it may not necessarily require ASML's next-generation High Numerical Aperture Extreme Ultraviolet (High NA EUV) lithography machines for ...


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