production

Escorts Kubota plans to invest up to INR 4,500 cr in new plant over next 3-4 years

At present, the company has a total annual tractor production capacity of 1.7 lakh units. The main p...

Xiaomi moves ahead with Tesla-like SUV as first EV hits goals

Xiaomi’s SU7 series received close to 90,000 confirmed orders as of the end of April — about a month...

India only nation among top 5 to see growth in steel production

The country has seen an 8.5% growth in production between Jan-Apr this year, having produced 49.5 mi...

Car dealers may end up with 400K unit inventory as demand cools off

Automakers are expected to end May with wholesales or factory despatches to dealers of 340,000-350,0...

NMDC reports 37% drop in iron ore production in May 2024

Under the Ministry of Steel, Hyderabad-based NMDC caters to India's around 20% demand for the key st...

Japan's Honda to close China plant, halt production at another factory

Honda and Nissan Motor are among Japanese brands for which China was a historically strong market bu...

Oil’s hot summer is ending, posing risks for majors and OPEC+

Oil prices are declining.After a strong start to the summer, the outlook for oil prices is unravelli...

Volkswagen's Audi: no new project found yet for threatened Brussels plant

Volkswagen, which is no longer ruling out plant closures in Germany as part of a cost-cutting drive....