Bridgestone looks to scale up manufacturing capacity by 10% next year
NEW DELHI: Japanese tyre maker Bridgestone is looking to scale up its manufacturing capacity by over 10 per cent next year amid the demand surge in both OEM and aftermarket segments, the company’s India head, Parag Satpute has said. He also said that the company is working on rolling out its EV tyre technology in […]
India receives 75 applications under PLI scheme for specialty steel
NEW DELHI: The government of India has received around 75 applications from domestic players under the PLI Scheme for specialty steel, according to an official. Applicants include all major steel players like Tata Steel, JSW Steel, JSPL, AMNS India and SAIL, a senior steel ministry official said. “A significant number of applications have been received. […]
Mixed airfare trends after cap removal; passenger traffic on rise: Experts
MUMBAI/NEW DELHI: After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts. More than two years after being put in place amid the coronavirus pandemic, the fare caps were removed with effect from August 31. The […]
Vedanta-Foxconn plant site in Gujarat to be finalised in 2 weeks: Official
NEW DELHI: Vedanta and Foxconn have hired experts who are evaluating possible locations for their upcoming semiconductor plant in Gujarat and a site may be finalised in the next couple of weeks, Gujarat Science and Technology Department Secretary Vijay Nehra said. So far, the joint venture company has not finalised the location as they are […]