automotive sector

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    Maruti Suzuki Announces First Phase Capacity at Gujarat Facility

    New Delhi, March 24 Maruti Suzuki India announced on Tuesday that it will invest ₹10,189 crore to set up a 2.5 lakh production capacity in the first phase at its new manufacturing plant in Gujarat.The company stated that its board has approved the addition of the first phase of 2.5 lakh...
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    Steel Capacity Grows: Jindal Steel Reaches 15.6 MTPA

    New Delhi, March 24 Jindal Steel announced on Tuesday that it has doubled the steel-making capacity of its Angul facility to 12 million tonnes per annum.With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to...
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    Wipro Launches Innovation Lab in Seoul, Boosting South Korea Presence

    New Delhi, March 23 Wipro announced on Monday the expansion of its business operations in South Korea, with a larger office footprint in Seoul and the launch of an Innovation Lab.With the launch of the Seoul Innovation Lab, Wipro now operates nine such facilities globally. The new lab will...
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    Sensex Plunges: Geopolitical Worries Drive Market Sell-Off

    Mumbai, March 13 – The Sensex and Nifty indices experienced significant selling pressure for the third consecutive day on Friday, as rising crude prices fueled concerns about inflation and global economic stability amidst the ongoing conflict in West Asia.Intense selling in global markets...
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    India Sees Resilient Hiring Growth Amid Talent Shortages

    New Delhi, March 10 Indian employers reported a strengthening of hiring intentions for the April-June quarter of this year, supported by surging business confidence and resilient domestic demand, a survey said on Tuesday.According to ManpowerGroup's latest Employment Outlook Survey, the Net...
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    China Files Trade Dispute Against India's Automotive & Renewable Policies

    New Delhi, February 24 The World Trade Organization's dispute settlement body has set up a panel in a case filed by China against India over its measures in the automotive and renewable energy sectors, an official said on Tuesday.The panel was set up as both sides failed to resolve the issue...
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    India's AI Push: Tata Group's Ambitions in Semiconductors and Data Infrastructure

    New Delhi, February 19 The Tata Group is in the process of adopting AI across its operations while also looking to produce chips for multiple industries, with the first set expected to cater to the automotive sector, Chairman N Chandrasekaran said on Thursday.Speaking at the AI Impact Summit...
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    India-US Trade Deal: Lower Tariffs on Autos, Food, and Industrial Goods

    New Delhi, Feb 9 India will offer duty concessions based on quotas in the automotive sector, while access to alcoholic beverages has been offered under tariff reduction and minimum import price-based formulations under the trade agreement with the US, the government said on Monday.It also said...
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