Uncategorized

Private sector-DPSUs contribution to export was about 60% and 40% Defence exports have touched a record Rs.21,083 crore (approx. US$2.63 billion) in the Financial Year (FY) 2023-24, a growth of 32.5% over last fiscal’s Rs.15,920 crore, Ministry of Defence https://mod.gov.in/...

Marriott tapping exceptional talent from India US-based Storable Inc is to expand its R&D presence in India to increase engineering capacity and support the company's aggressive growth plans, building on its first Asia GCC in Hyderabad launched April 2023. The...

Numerous global players are now investing in the Indian cheese market, says report The cheese market in India is projected to reach Rs.512.1 billion by 2032, posting a CAGR of 21.47% during 2023-2032, says an industry report by ResearchAndMarkets. It...

IHCL to open soon its iconic restaurant in San Franscisco and Frankfurt Indian Hotels Company Ltd’s (IHCL) https://hospibuz.com/ihcls-bombay-brasserie-debuts-in-singapore/ expansion plan for its iconic restaurant Bombay Brasserie is a good example of exporting Indian soft-power services to the world, given that...

BlackBerry, LTTS can help automotive organizations realize full potential, says Saxena L&T Technology Services Limited (BSE: 540115, NSE: LTTS) and BlackBerry Limited (NYSE: BB; TSX: BB) have formed a strategic partnership for the development of innovative Software Defined Vehicles (SDVs)...

Ministry says 64 applicants commit Rs.6,766cr under White Good PLI Thirteen global heavyweight manufacturers including Daikin, Panasonic, Mitsubishi, Hitachi, Nidec, LG and Met Tube, have committed to invest Rs.2,090 crore, or about 30% of total committed investments under White Goods...

Rapid growth in renewables is essential to electrifying India’s energy economy, says Roshna India has a unique opportunity to become a leading low-carbon economic powerhouse by 2050, according to a new Horizons report from Wood Mackenzie which explores how India...

Chennai has a strong base in electronics manufacturing, says Dr Raj A net-zero industrial park, a manufacturing complex where greenhouse gas emissions are kept as close to zero as possible, is in the planning stages under a Singapore-Tamil Nadu pact...

Vijayakumar reports $2bn deals in Services and Software segments HCLTech continues to invest in AI, specifically Generative AI, as well as cloud native capabilities across products and services to address evolving client needs and demand from the United States. “We...

Billet price increase hope flaked away by weakening Chinese demand Imported scrap prices in India have increased by US$10-13/MT but traders are not keen to place orders due to weak demand for finished products and availability of local scrap, according...