TCS launches fully automated facility in Pune to advance AI-led manufacturingTata Consultancy Services launched a new lab in Pune. This facility is India's first lights-out factory lab for AI. It will help manufactur...
Manufacturing firms' factory leasing seen rising to 30-32 million sq ft annually by 2030: ReportFactory space leasing in India is projected to reach thirty to thirty-two million square feet annually by 2030. This growth is fueled by ca...
India needs double-digit factory growth, Bank of America saysIndia’s manufacturing sector needs to grow at least 10% annually for 15 years to reach 25% of GDP, Bank of America estimates. That could cr...
China pauses approvals for battery storage manufacturing projectsThe move comes amid growing concerns about overcapacity risks in the energy storage sector, according to the report. That is despite a surg...
Taiwan flexes chip diplomacy muscles as it faces pressure to share AI wealth with alliesHome to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess ...
Nilgiris tea production hit by severe drought, El Nino conditions; green leaf supply drops sharplySevere drought conditions in Nilgiris have drastically reduced green tea leaf supply. Tea factories are experiencing significant revenue lo...
‘Are we slaves to others?’: Kenyan President Ruto orders Tata Chemicals to halt operationsKenyan President William Ruto has ordered Tata Chemicals to stop its operations in Kenya. The President stated the company's presence faile...
Nepal billionaire’s Wai Wai maker faces FSSAI action in India over unhygienic Rajasthan factoryIndia has taken a strong stance on food safety, ordering a Nepali firm to stop production after discovering unsanitary practices in its fac...
Nestle to build infant formula plant in Brazil as part of $393 million investmentNestle will invest two billion reais in its Brazilian nutrition and health division through 2028. This significant investment includes 600 ...
Tech pilgrims flock to China as global innovation race heats upInvestors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories, seeking a front-row seat to what many bel...
Rise in US factory orders beats expectations in JulyIn July, new factory orders in the United States saw an increase of 0.9%, bouncing back from a previously revised 0.2% decrease. The surge ...
House of Kaushambi cracker factory blast accused razedAuthorities in Uttar Pradesh’s Kaushambi district demolished the three-storey house of Naushad, the main accused in a cracker factory blast...
US manufacturing growth cools in August as input prices stay highU.S. manufacturing activity cooled off in August after a period of strong expansion, with new orders experiencing a decline. Input prices r...
India's factory growth at five-year low in August on weakening demand, PMI showsIndia’s manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employme...
China factory output falls second straight monthThe manufacturing purchasing managers' index (PMI) stood at 49.8 in August, according to the National Bureau of Statistics, remaining below...
Firecracker factory blast in UP's Kaushambi leaves 24 injured, 15 feared trappedA massive explosion at a firecracker factory in Kaushambi district injured about two dozen people. Approximately fifteen others were feared...
Fire erupts in timber factory in West DelhiA significant fire erupted at a timber and plywood factory in Delhi early Sunday morning. The Delhi Fire Service swiftly deployed twenty-fi...