GM avoids tariffs by relocating production from Mexico to the U.S.
General Motors Co. is set to invest $4 billion in its US facilities over the next two years to enhance production of several leading…
Jindal Saw Plans $118 Million Investment in UAE and Saudi Arabia for Pipe Production Growth
Homegrown Jindal SAW Ltd announced on Monday (June 9) that its board has greenlighted three new international investments totaling up to $118…
Government considers similar PLI initiative for domestic production of rare earth magnets, according to sources.
The Indian government is exploring a scheme similar to production-linked incentives (PLI) to enhance domestic manufacturing of rare earth…
India relaxes SEZ regulations to enhance semiconductor and electronics production.
In an enhanced effort to boost Semiconductor and Electronics manufacturing in India, the Ministry of Commerce and Industries (MOCI) has…
Spain terminates agreement for anti-tank missile production by Israeli subsidiary.
Spain has cancelled a contract for the production of anti-tank missile systems that were to be manufactured in Madrid by a subsidiary of an…
L’Oréal Plans to Increase Production in India; Total Energies Set to Boost LNG Exports from the US to India
Cosmetics giant L’Oréal plans to more than double its production in India over the next few years, increasing from the current output of half…
Business News: Richemont Chairman Lauds Rival Watchmakers Reducing Production To Align With Weak Demand From China
Richemont executives confirmed that its Specialist Watchmakers unit would no longer have a permanent head as part of a restructuring that saw…
German AI startup akeno raises €4.5 million to automate production planning
Hamburg-based akeno has raised €4.5 million in a Seed funding round to scale its AI-driven production planning software, marking a step…