EQS-News: SARTORIUS AG / Key word(s): Alliance Sartorius to advance drug discovery and manufacturing with AI in collaboration with NVIDIA (news with additional features) 16.05.2024
Tamil Nadu is one of the best states in the country for an economic zone as the state is one of the most industrialised in India, a senior official of global logistics company DP World has said.DP World has started operations at its largest free trade warehouse zone in India in Chennai.
INDIANAPOLIS — In an effort to accelerate physical, digital and sustainable manufacturing efforts across Indiana, Purdue University’s Manufacturing and Materials Research Laboratories (MMRL) will establish a presence in Indianapolis at
China’s manufacturing production activity expanded in April, but analysts pointed to supply-demand imbalances and lingering deflationary pressures, while services activities moderated last month.
Purpose: The development of green manufacturing has become essential to achieve sustainable development and modernize the nation’s manufacturing and production capacity without increasing nonrenewable resource consumption and pollution. This study investigates the effect of green industrial practices on technical efficiency for Thai manufacturers. Design/methodology/approach: The study uses stochastic frontier analysis (SFA) to estimate the stochastic frontier production function (SFPF) and inefficiency effects model, as pioneered by Battese and Coelli (1995). Findings: This study shows that, on average, Thai manufacturing firms have experienced declining returns-to-scale production and relatively low technical efficiency. However, it is estimated that Thai manufacturing firms with a green commitment obtained the highest technical efficiency, followed by those with green activity, green systems and green culture levels, compared to those without any commitment to green manufacturing practices. Finally, internationalization and skill development can significantly improve technical efficiency. Practical implications: Green industry policy mixes will be vital for driving structural reforms toward a more environmentally friendly and sustainable economic system. Furthermore, circular economy processes can promote firms' production efficiency and resource use. Originality/value: To the best of the authors' knowledge, this study is the first to investigate the effect of green industry practices on the technical efficiency of Thai manufacturing enterprises. This study also encompasses analyses of the roles of internationalization, innovation and skill development.
“While our People’s Choice winners like Honda, Tesla and BYD stood out for the right reasons, our survey found others like Hyundai and Mitsubishi stood out for the wrong ones,” says James le Page, product test manager at Consumer.