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PRODUCT LOCALISATION
Brands turn to localisation, product cuts to protect festive marginsBrands are trying to protect festive-season demand from rising input costs by increasing localisation, using alternative materials, simplif...
Belarus keen to turn fertilizer supply ties into JV with India: Foreign MinisterBelarus seeks deeper industrial and agro sector cooperation with India. The nation is ready for joint ventures and local production in Indi...
Pocket Entertainment crosses $500 million revenue run rate, says AI is reshaping content creationPocket Entertainment has achieved a $500 million revenue run rate, showing significant growth. Pocket FM, its audio drama platform, drives ...
India's new industrial revolution takes shape across space, chips, data centres and solarThe government has backed the push through measures including opening the space sector to private companies, tax incentives for data centre...
Embraer eyes bigger manufacturing footprint in India, looks to deepen local sourcingEmbraer is set to enhance its local production and sourcing capabilities in India, aligning with initiatives like 'Make in India' and Aatma...
Stage seeks $25 million Series C to fuel regional expansion and AI pushStage plans to raise $25 million to expand into eight new language markets and invest in AI-driven content production. The OTT platform aim...
Hylenr finds rare-earth signatures in reactor tests, eyes new critical materials routeHyderbad's Hylenr Technologies has unveiled groundbreaking insights from its hydrogen reactor studies. Their research unveiled traces of 32...
Moscow companies showcase high-tech solutions at INNOPROM.India trade fair in New DelhiMoscow is showcasing its high-tech industrial products at the INNOPROM.India trade fair. Leading companies from Russia's capital are presen...
JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
Biocon shares: Active Pine may divest up to 1% equity worth Rs 638 crore via block dealActive Pine is likely to sell up to 1.66 crore Biocon shares, worth Rs 638 crore, through a block deal at Rs 385 per share. The development...
Biocon shares rise 2% on 10-year Pertuzumab supply deal for breast cancer therapy in BrazilBiocon shares rose after the company secured a 10-year Pertuzumab supply contract in Brazil. The consortium with Bahiafarma and Bionovis re...
Biocon signs 10-year Brazil supply deal for Pertuzumab breast cancer drugIn a significant move, Biocon has secured a ten-year contract in Brazil for the distribution of Pertuzumab, made possible through its colla...
Maruti Suzuki to hike car prices by Rs 20,000 on selected models again; stock turns greenMaruti Suzuki will increase car prices by up to twenty thousand rupees this September. This follows a previous price adjustment of around t...
Auto component suppliers sit on Rs 98,000 cr inventory, says reportIndian auto component firms hold significant inventory, potentially releasing billions through better management. Many MSMEs need to invest...
Adani Defence signs ammunition supply pact for India-made AK-203 assault riflesAdani Defence & Aerospace has signed a five-year agreement with Indo-Russian Rifles Pvt Ltd to supply India-made 7.62x39 mm ammunition for ...
Electronics makers turn to cheaper materials and localisation as commodity costs biteElectronics producers are adapting to rising costs by innovating their material choices and enhancing local manufacturing efforts. In place...
India’s auto parts makers face a new race: Localise, innovate, leadIndian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain...
Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
Maruti Suzuki CEO flags global supply risks, calls for deeper localisation across automotive supply chainMaruti Suzuki's MD urged deeper localisation for India's manufacturing growth. Global supply chains are reconfiguring, creating opportuniti...
Parth Jindal named chairman of JSW MG Motor IndiaJSW MG Motor India has appointed Parth Jindal as its new chairman. Jindal has been a board member since the joint venture's formation. He i...