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JSW's agreement comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in cost-efficient battery tech for electric vehicles.Ironically, efforts to reduce dependency on Chinese imports requires first obtaining advanced cell technology from China
Improved demand in key export markets boosts outlook, pharma companies eye single-digit revenue growth in FY25, despite post-pandemic challenges
After India lost its dominance in making penicillin, a drought of three decades is coming to an end. The drug – which forms the base for a raft of extremely potent antibiotics – is part of the governments aggressive push for self-sufficiency in critical areas. Will the plan to claw back to the glorious past work?
India's path to becoming a developed country hinges on boosting exports, as demonstrated by China's growth. Leveraging bilateral agreements and FTAs, India is expanding into new markets like Africa and Latin America. Yet, quality issues and trade restrictions pose challenges, such as recent bans on Indian spices in Hong Kong and Singapore. Additionally, green trade barriers like the EU's CBAM could impact key sectors like steel, potentially affecting Indian exports to the EU. Strengthening regulations and meeting global standards are crucial for India to realize its export potential.
India Business News: Telecom equipment manufacturing in India has seen significant growth, with exports exceeding Rs 10,500 crore in the financial year 2024. The productio