MANUFACTURING CAPABILITIES
Global Capability Centres drive office leasing in H1 2024, with a 37% share India's office leasing market is dominated by Global Capability Centres (GCCs), with 37% of total leasing activity in January to June 2024. The country's robust workforce, competitive costs, and established ecosystem make it a key market for GCCs. W...
04 Jul, 2024, 11.40 AM ISTVCs chase auto parts makers to hitch a ride on EV journey Smaller component makers for electric vehicles (EVs), many of which started with other businesses before pivoting to their current business mainstays, are increasingly attracting interest from venture capital firms amid a boom in EV sales. The boom ...
02 Jul, 2024, 10.18 AM ISTStrong ER&D demand helps IT buck overall soft hiring trend India's $250 billion IT services industry is facing sluggish hiring, but a bright spot is emerging in Engineering, Research & Development (ER&D). Demand for ER&D services is surging, driving a 15% increase in recruitment for these roles. Staffing fi...
02 Jul, 2024, 06.00 AM IST- ADVERTISEMENT
India expressed interest in co-production of Stryker combat vehicle: US US Deputy Secretary of State Kurt Campbell emphasized the importance of frank dialogue with India regarding New Delhi's ties with Russia, particularly in the technology sector, including defense. Despite US concerns about potential technology leakag...
27 Jun, 2024, 10.16 AM ISTB2B fashion platform Zyod raises $18 million in funding Zyod's equity funding round was led by venture firm RTP Global, while the debt capital came from Stride Ventures, Trifecta Capital and Alteria Capital. In April last year, Zyod had raised $3.5 million in a funding round led by Lightspeed Venture.
25 Jun, 2024, 06.01 AM ISTA study reveals how India can achieve $5 billion defence export goal A recent study by Nexgen Exhibitions highlights the importance of streamlining foreign direct investment (FDI), enhancing Research & Development (R&D), and boosting manufacturing capabilities to help India achieve its USD 5 billion defence export go...
17 Jun, 2024, 04.33 PM ISTModi 3.0 takes aim: Blueprint to make the Indian armed forces future ready India faces growing security challenges from China and Pakistan, prompting calls for a robust and integrated defence strategy. This includes bolstering nuclear deterrence, enhancing military capabilities, and pushing for systemic reforms in defence ...
12 Jun, 2024, 05.41 PM ISTEpicor webinar: Industry experts traverse Cloud ERP tailored for the automotive sector Vishal Raj Saini, Country Head of Epicor Software India and Indian Subcontinent, discussed 'Implementing Cloud ERP' with industry experts at a panel by The Economic Times and Epicor.
10 Jun, 2024, 11.52 AM ISTMoving beyond Airbus & Boeing: What will it take for India to make its own commercial airliner? India is already a growing sourcing hub for the global defence and aerospace industry. With government help, this ecosystem can, in time, be developed to support the development of a commercial plane. That is how we made our space programme, experts...
10 Jun, 2024, 09.53 AM ISTHow the Indian GCC boom is lighting up prospects of IT firms With India emerging as a hub for global capability centres (GCCs), IT services companies are cashing in, setting up projects, looking for partnership opportunities, and even acquiring such centres.
07 Jun, 2024, 06.00 AM ISTHold your horses! Wait for real results before making big moves: Swaminathan Aiyar In Modi 1, he, for instance tried to take on land acquisition. He retreated. Again, in Modi 2, one of the things that he retreated on perhaps was whether we have a national register of citizens, which the Muslim community is extremely afraid of, th...
03 Jun, 2024, 10.52 AM ISTWhy imports from China are rising despite atmanirbhar Bharat initiatives Imports from China is something India should monitor. But in some ways, this might be the way for the country to become a self-reliant economy.
01 Jun, 2024, 10.11 AM ISTChina enhances military support to Pakistan along LoC in Kashmir This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor (CPEC).
29 May, 2024, 03.13 PM ISTGlobal capability centres lease 17% more space in FY24 Global capability centres (GCCs) increased their space usage by 17% in FY 2023-24, reaching 22.5 million sq ft, driven by engineering, BFSI, and technology sectors, according to CBRE. GCCs are a key driver in India's office sector, projected to leas...
29 May, 2024, 12.43 AM ISTVikram Solar bags order to supply 397.7 MWp solar modules to NTPC's Khavda project in Gujarat Vikram Solar secures 397.7 MWp module supply order for NTPC's Khavda project in Gujarat, powering a significant portion of the 1,255 MW Khavda Solar Project aligning with DCR.
17 May, 2024, 10.36 AM ISTIndia's defence capabilities boosted under Modi government, relying on imports only for immediate needs: NITI Aayog member VK Saraswat India has significantly enhanced its defense capabilities over the past decade, with a focus on indigenous manufacturing and reducing reliance on arms imports. VK Saraswat, a member of NITI Aayog and former chief of the DRDO, highlighted that 60% of...
15 May, 2024, 06.20 PM ISTPSBs to identify one 'champion sector' in their business plans This initiative is part of the Viksit Bharat (developed nation) strategy for PSBs, which includes onboarding sector-specific advisors and developing credit underwriting models to expedite loan approvals.
14 May, 2024, 12.18 AM ISTTata Electronics begins export of semiconductor chip samples from Bengaluru centre Tata Electronics, a company based in Bengaluru, India, has begun exporting small amounts of semiconductor chips. This is a significant step that could improve India's ability to produce these important components. The chips are being packaged at a p...
08 May, 2024, 01.09 PM ISTOdysse Electric looking to raise USD 5-10 million for expansion Odysse offers seven vehicle models with 12 variants, comprising both high- and low-speed electric scooters as well as bikes. he company has already started the process to secure external funding, which is expected to be completed by the current quar...
21 Apr, 2024, 12.11 PM ISTIndigenously designed and manufactured modular bridge inducted into Indian Army Indian Army has inducted a 46-metre modular bridge into its force, enhancing its engineers' bridging capabilities. The bridge, designed by the Defence Research and Development Organisation (DRDO) and produced by Larsen & Toubro (L&T), is a mechanica...
27 Feb, 2024, 03.56 PM IST