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Manufacturing

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Slate Auto Targets Profitability with $24,950 Electric Truck
Posted inEmerging Market

Slate Auto Targets Profitability with $24,950 Electric Truck

EV startup Slate Auto, led by CEO Peter Faricy, announced this week that the company expects its upcoming $24,950 electric truck to be gross margin positive upon launch. Speaking to…
Posted by Prasenjit Bhowmik June 27, 2026
Vedanta's Navin Agarwal Diversifies into Rare Earth Magnets with Major Personal Investment
Posted inBusiness Insights

Vedanta’s Navin Agarwal Diversifies into Rare Earth Magnets with Major Personal Investment

Navin Agarwal, the executive vice-chairman of mining conglomerate Vedanta, has committed a personal investment of ₹1,250 crore to establish a specialized manufacturing firm focused on the production of rare earth…
Posted by Prasenjit Bhowmik June 27, 2026
India Launches Anti-Dumping Probe into Strategic Steel Imports
Posted inBusiness Insights

India Launches Anti-Dumping Probe into Strategic Steel Imports

Initiating the InvestigationThe Indian Ministry of Commerce and Industry officially launched an anti-dumping investigation on June 22, 2026, targeting imports of Cold Rolled Grain Oriented (CRGO) steel and amorphous metal…
Posted by Prasenjit Bhowmik June 26, 2026
India Launches Anti-Dumping Probe into Electrical Steel Imports
Posted inEconomy

India Launches Anti-Dumping Probe into Electrical Steel Imports

The Directorate General of Trade Remedies (DGTR) has officially launched an anti-dumping investigation into imports of Cold Rolled Grain Oriented (CRGO) electrical steel and amorphous metal originating from China, Japan,…
Posted by Prasenjit Bhowmik June 26, 2026
India Launches Anti-Dumping Probe into Electrical Steel Imports
Posted inBusiness Insights

India Launches Anti-Dumping Probe into Electrical Steel Imports

Investigation Initiated Amid Market ConcernsThe Directorate General of Trade Remedies (DGTR) has officially launched an anti-dumping investigation into imports of Cold Rolled Grain Oriented (CRGO) electrical steel and amorphous metal…
Posted by Prasenjit Bhowmik June 26, 2026
India Extends Deadline for ₹7,280 Crore Rare Earth Magnet Manufacturing Scheme
Posted inEconomy

India Extends Deadline for ₹7,280 Crore Rare Earth Magnet Manufacturing Scheme

Strategic Delay to Bolster Domestic Supply ChainsThe Indian government has officially extended the bid submission deadline for its ambitious ₹7,280 crore rare earth magnet manufacturing Production Linked Incentive (PLI) scheme…
Posted by Prasenjit Bhowmik June 26, 2026
Volkswagen Announces Massive Restructuring Plan Including Potential German Plant Closures
Posted inBusiness Insights

Volkswagen Announces Massive Restructuring Plan Including Potential German Plant Closures

Strategic Overhaul at VolkswagenVolkswagen AG, the world's second-largest automaker, announced a sweeping restructuring plan this week that could result in the elimination of up to 100,000 jobs and the closure…
Posted by Prasenjit Bhowmik June 26, 2026
India Poised for $10 Trillion Milestone as Global Growth Driver
Posted inEconomy

India Poised for $10 Trillion Milestone as Global Growth Driver

The Path to Economic ExpansionIndia is rapidly solidifying its position as a primary engine of global economic growth, with projections signaling a trajectory toward a $10 trillion economy, according to…
Posted by Prasenjit Bhowmik June 26, 2026
Tata Electronics Tightens Security Protocols Following Dark Web Data Breach
Posted inBusiness Insights

Tata Electronics Tightens Security Protocols Following Dark Web Data Breach

Security Overhaul at Tata ElectronicsTata Electronics, a pivotal supplier for global technology giant Apple, has initiated an immediate restriction of internal access to sensitive systems following a significant data breach.…
Posted by Prasenjit Bhowmik June 26, 2026

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