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Indian economy makes strong end to 2024; Composite PMI for December stands
Updated : 1 year, 5 months ago IST
India's private sector witnessed robust growth in December, marking its highest performance in four months. Both the manufacturing and services sectors showed accelerated growth, supported by increased new business inflows and heightened job creation.
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SWITCH Mobility to Redefine Urban Mobility across India, Europe and GCC wi
Updated : 1 year, 5 months ago IST
New Delhi [India], December 16: SWITCH Mobility Ltd, subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles unveiled its contemporary electric bus platform SWITCH EiV12 - the low floor electric city bus for the In
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Suchi Semicon inaugurates Outsourced Semiconductor Assembly and Testing pl
Updated : 1 year, 5 months ago IST
It is a significant step towards enhancing India's semiconductor manufacturing capabilities. The semiconductor industry in India is still in a nascent stage, with various local and multinational companies intending to tap its vast potential.
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Union Minister Mansukh Mandaviya inaugurates projects worth Rs 149 crores
Updated : 1 year, 5 months ago IST
Union Minister Mansukh Mandaviya on Sunday inaugurated projects worth Rs 149 crores in Gujarat's Bhavnagar district. He stated that the state and centre have been working to develop Bhavnagar as the container manufacturing hub.
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Auto component aftermarket grows 5% in H1FY25: driven by rising used vehic
Updated : 1 year, 5 months ago IST
The auto component aftermarket grew by 5 per cent due to increase in used vehicle parc and formalization of the repair and maintenance market, according to the findings of Automotive Component Manufacturers Association of India (ACMA).
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Nibe Ordnance to tie up with Premier Explosives for ammunition, explosives
Updated : 1 year, 6 months ago IST
Nibe Ordnance and Maritime Limited has announced signing an MoU with Premier Explosives Limited to form a Joint Venture to develop, manufacture and supply ammunition, explosive, aerospace and other defence products.
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Latteys Industries Limited Achieves Significant Milestones in 2024, Streng
Updated : 1 year, 6 months ago IST
Ahmedabad (Gujarat) [India], December 14: Latteys Industries Limited, a leading NSE-listed manufacturer of energy-efficient solar submersible pumps, has reported a remarkable year in 2024. The company has received several significant orders, reinforcing its presence across India and bolsteri
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Vishwa Samudra Open 2024: Ajeetesh Sandhu registers thumping five-shot win
Updated : 1 year, 6 months ago IST
Ajeetesh (69-67-69-71), who totalled 12-under 276 for the week, took home an impressive prize money cheque of INR 30 lakh for his effort. It happened to be Sandhu's first win in five years and overall seventh professional title. It was also Ajeetesh's first triumph at the celebrated DGC
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PV domestic sales rise 4% in Nov; two and three-wheeler segments witness d
Updated : 1 year, 6 months ago IST
The total passenger vehicle dispatches from companies to dealer witnessed a 4.1 per cent increase year on year in November to 3,47,522 units, according to a data released by Society of Indian Automobile Manufacturers (SIAM).
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Natvits Beverages Pvt Ltd: Revolutionizing the Beverage Industry with AQUA
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], December 13: Natvits Beverages Pvt Ltd, founded in 2018, has quickly emerged as a trailblazer in the beverage industry with its flagship brand, AQUAPEYA. The company has carved a niche for itself by manufacturing high-quality mineral water, fruit juices, carbona
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TSMC's overseas expansion drives record number of Taiwanese workers in US
Updated : 1 year, 6 months ago IST
Taiwan Semiconductor Manufacturing Company's (TSMC) overseas expansion has driven a significant rise in Taiwanese workers abroad, with a record 128,000 employed in the US in 2023. This surge follows TSMC's plans to increase its global production capacity, including new fabs in the US and Jap
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IIP growth rises to 3.5 per cent in October from 3.1 pc in September
Updated : 1 year, 6 months ago IST
The manufacturing sector demonstrated resilience, with 18 out of 23 industry groups at the 2-digit NIC level recording positive growth compared to October 2023. The overall Quick Estimate of IIP for October 2024 stood at 149.9, a noticeable increase from 144.9 in October 2023.
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