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MANUFACTURING COSTS
iPhone Duo at Rs 2,99,900: Why Apple’s First Foldable Costs More in IndiaApple’s first foldable iPhone, the iPhone Duo, starts at Rs 2,99,900 in India, significantly higher than its $1,999 US starting price. Howe...
MoS Shobha Karandlaje opens Bengaluru MSME technology centre to train 10,000 annuallyIn Bengaluru, a new Technology Centre has been launched with the goal of training 10,000 individuals each year. This facility is dedicated ...
Copper falls after report of White House hesitancy over tariff planCopper prices saw a notable decline following reports of no movements regarding potential tariffs. The White House is currently evaluating ...
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...
VinFast plans to develop two India-specific EVs in strategy shift, sources sayVietnamese automaker VinFast is developing two new electric vehicles for India. These new models will be more affordable than current offer...
Business outlook 2027: 7 growth opportunities Indian CXOs should watchIndia is entering 2027 with growth opportunities spread across manufacturing, technology, exports, infrastructure, and emerging consumer ma...
GFF 2026: India’s AI advantage could be cost, not just capability, says Sarvam AI CEOIndia's AI advantage centers on deploying technology affordably for its vast population. The nation aims to lead in AI adoption and develop...
India's new supply-chain wonder is set to shift the gears of growthThe operationalization of India’s freight corridors marks a transformative step for the nation’s logistics landscape, strategically positio...
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...
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...
Sandoz bets big on biosimilars, aims to double group sales by 2035Sandoz plans to more than double annual net sales by 2035, with biosimilars leading growth. The company will expand its biosimilar portfoli...
AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
How BRICS can become a platform that helps businesses build togetherWhen consensus is required among all BRICS members, outcomes tend to settle at the lowest common denominator. These include knowledge excha...
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...
Jindal Stainless signs pact with Japan's JFE Steel to boost ferritic stainless steel manufacturingIn a significant move, Jindal Stainless has teamed up with JFE Steel Corporation from Japan, focusing on amplifying its production of speci...
UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costsJaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...
Volkswagen to fire 12% of its India workforce amid major cost overhaulVolkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...
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 component industry targets $200 bln turnover by FY30 amid rising risks: BCG-ACMAIndia's auto component sector aims for $200 billion turnover by FY30. Achieving this goal requires greater resilience against rising costs ...
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...