Manufacturing

India’s marine exports to China are expected to cross US$1 billion mark by the end of this year, Commerce and Industry Ministry said on 30 Oct 2019.

Twelve MoUs/Agreements were signed during the visit of Prime Minister, Narendra Modi, to Saudi Arabia on 29 Oct 2019. These included the Strategic Partnership Council Agreement and the Indian Strategic Petroleum Reserves Limited (ISPRL) and Saudi Aramco.

Chennai, with its large pool of talented engineers, is emerging as a global player in Siemens’ growing businesses and is set to develop applications for future solutions.

India is upgrading its energy relationship with Saudi Arabia to a strategic relationship as well as signing a broader Strategic Partnership Council Agreement during Prime Minister Narendra Modi’s visit to Riyadh beginning 29 Oct 2019.

The Agreement for establishment of the Strategic Partnership Council will further elevate the India-Saudi Arabia Strategic Partnership to a new level.

The total hydroelectric power potential in India is estimated at about 150,000 MW, equivalent to 84,000 MW at 60% load factor.

The online consumer electronics and appliances (CAE - white goods, brown goods, and consumer electronics) market in India is expected to register a CAGR of 24.5% from FY 2019 to FY 2026.

Steel demand in India, with per capita consumption do more than double to 160 kg by 2030, will drive capacity expansion at mills, Steel Minister Dharmendra Pradhan has told the Global Forum on Steel Excess Capacity in Tokyo on 26...

Mahindra Two Wheelers Europe will acquire all outstanding shares in Peugeot Motocycles (PMTC), reaffirming to the future growth of Mandeure-headquartered Peugeot Motocycles.

Japanese steel majors are keen to expand businesses and increase investments in India, according to their discussions held with Steel Minister Dharmendra Pradhan.