Sona Comstar to Make Magnets in India, Cut Reliance on China
Monday, June 30, 2025
The MSME Technology Center in Visakhapatnam has recently forged a significant partnership with Jindal Stainless to advance India's defense and aerospace manufacturing capabilities.
Contrary to popular perception, a recent Bloomberg Report suggests that China may not be India's foremost manufacturing rival.
The International Energy Agency (IEA) stated on Wednesday that India's significance as a global supplier of refined petroleum products has grown since 2022. This shift comes as the loss of Russian exports to European markets increased the demand ...
Mobile phone manufacturing has witnessed a remarkable surge in India, with production soaring from around Rs 18,900 crore in 2014-15 to approximately Rs 3,50,000 crore in 2022-23
India has inked its largest-ever USD 78 billion deal to extend LNG imports from Qatar for another 20 years until 2048, at rates lower than current ones, potentially saving around USD 6 billion over the contract's lifespan.
Huawei is encountering obstacles in production due to soaring demand for its AI chips, resulting in delays in manufacturing its high-end Mate 60 smartphones, according to a report from Reuters.