Ford Motor Company has announced its decision to resume operations at its manufacturing plant in Chennai, Tamil Nadu, signaling a strategic re-entry into the Indian market. This move marks a significant development, as the company had exited the Indian market in 2021 due to challenges in domestic sales and ceased exports in 2022.
Read More »Government Data Shows 14-Month High for Wholesale Inflation in May
New Delhi: India's wholesale price-based inflation surged to a 14-month high in May, driven primarily by food items, according to government data released on Friday. The Ministry of Commerce & Industry reported a 2.61% increase in wholesale inflation for May, exceeding economists' expectations of a 2.5% rise. This figure marks a significant jump from April's year-on-year rise of 1.26%.
Read More »IRQS: A Trusted Partner in ISO Certification, Elevating Standards Across India
Indian Register Quality Systems (IRQS), a globally renowned ISO certification and training body, continues to solidify its position as a trusted partner for businesses in India and around the world. Since its inception in 1993, IRQS has grown into a powerhouse of certification services, boasting 42 offices globally and a portfolio of over 5000 clients across diverse industries, including automotive, engineering and manufacturing, food and beverage, healthcare, IT, education, and marine.
Read More »“Tim Cook Explains Apple’s India Growth and Manufacturing Strategy, says ‘double-digit’ growth”
Apple's recent earnings report revealed a positive surprise amidst global market challenges. Despite a drop in iPhone demand in China, the tech giant experienced a notable "double-digit" surge in revenue from India, signaling a potential easing of the company's slowdown.
Read More »“Tata Ventures into Advanced Machinery for iPhone Casing Production”
Tata Electronics has embarked on a strategic collaboration with two Indian manufacturers in Pune and Bengaluru to pioneer the development of advanced, high-precision machines crucial for manufacturing iPhone casings, as reported by the Economic Times. This move aligns with Apple's broader strategy to diversify its manufacturing base and reduce reliance on China.
Read More »“Anand Mahindra Recalls Humble Beginnings on Auto Plant’s Shop Floor in Reaction to Elon Musk’s Post”
In a recent exchange on social media platform X, Anand Mahindra, the Chairperson of Mahindra and Mahindra, shared his insights on the importance of recognizing manufacturing heroes. This discussion was sparked by Elon Musk's post highlighting the lack of representation of manufacturing in popular culture compared to the focus on lone inventors.
Read More »Pankaj Bansal: Leading the Way in Business Diversity and Digital Excellence.
A leading young entrepreneur, Pankaj Bansal juggles multiple businesses with special focus on digital marketing and PR services. With his sharp intellect and passion to make a difference, Pankaj's entrepreneurial ventures are spread across various domains such as digital online campaigns, content syndication, manufacturing, e-commerce, packaging, event management and gold loan business.
Read More »“Apple Supplier Foxconn Commences iPhone 15 Production in India, Aims to Bridge Manufacturing Gap with China”
In a significant development, Apple's manufacturing partner, Foxconn Technology Group, has initiated the production of the much-anticipated iPhone 15 in Tamil Nadu, India. This move highlights Apple's ongoing efforts to diversify its manufacturing operations and reduce its reliance on China as its primary manufacturing base.
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