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...


India-Russia Economic Cooperation Reaches New Heights

Friday, December 06, 2024

Russian President Vladimir Putin has stated that Russia is open to establishing manufacturing facilities in India since investments in the country are profitable. He additionally mentioned that the Russian oil Rosneft recently invested $20 billion...

China Exports 1.7 Million Metric Tons of Finished Steel to India

Friday, December 06, 2024

China, the largest steel producer globally, exported 1.7 million metric tons of finished steel to India between April and October, marking a 35.4 percent rise compared to the previous year. This has worsened the declining financial condition of...

Royal Enfield Eyes Thailand for Mid-Size Motorcycle Growth in APAC

Thursday, December 05, 2024

Royal Enfield seeks to leverage the growing demand for mid-size motorcycles in the Asia Pacific area, seeing Thailand as a crucial market with significant growth opportunities. The nearby assembly plant enables more effective distribution and...

NXP, TSMC Partner to Expand Singapore Manufacturing Facility

Wednesday, December 04, 2024

NXP Semiconductors, in recognition of the need to diversify chip production in anticipation of escalating US-Chinese tensions over technology, is in talks to expand their US$7.8 billion Singapore partnership with a Taiwan Semiconductor Manufacturing


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