Netradyne, a provider of artificial intelligence (AI) technology for fleet and driver safety, announced its expansion into the U.K. market. The company has partnered with Intelex, a provider of aftermarket vehicle safety solutions based in Birmingham, for vehicle safety solutions in the region, according to a press release from Netradyne. “By combining Netradyne’s industry-leading Driver […]
DP World has launched its Beyond Boundaries Initiative on the African continent for the first time. The company unveiled its fifth repurposed shipping container of the global initiative, accompanied by a donation of cricket kits for local youth at an event at the South DP World Wanderers Stadium on Tuesday. The DP World Beyond Boundaries […]
Trade between India and Bangladesh through the Sutarkandi Land Port in Assam’s Karimganj district has seen a notable surge in recent years, with local businesses and residents anticipating further growth in bilateral trade in the near future. According to the Land Ports Authority of India, there are currently eleven operational land ports in India, including […]
India’s Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, two Indian government sources said. Tesla is also expected to start importing its cars to India and make an investment in the country, Reuters […]
The tension between Iran and Israel has reached new heights, sending ripples through the global supply chain and causing concerns for Indian exporters. The recent capture of the MSC Aries by Iranian forces has exacerbated an already precarious situation, raising fears of further disruptions and soaring freight costs. The incident unfolded against a backdrop of […]
India, the world’s largest consumer and producer of pulses, is diversifying its import sources to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of negotiations, according to government officials. For the first time, India is expected to import over 20,000 tonnes of black gram (urad) from Brazil. […]
In yet another major milestone for Apple in India, the tech giant’s Indian arm exported iPhones worth $10 billion from India in the fiscal year 2024, doubling its export value compared to the previous year. Under the Production-Linked Incentive PLI scheme, Apple exported about 70 per cent of all iPhones made in India, making Apple […]
The government on Monday ruled out possibility of allowing sugar exports in the current 2023-24 season ending October, the industry’s persistent demand notwithstanding. Currently, there are curbs on export of sugar for an indefinite period. However, Indian Sugar Mills Association (ISMA) has requested the government to allow export of 10 lakh tonne of sugar in […]
India is considering allowing duty-free imports of yellow peas for another month, until May, to drive down prices while bridging the demand-supply gap tur (pigeon pea) and chana (gram), two officials said. The move likely is due to a drop in tur crop production and expectations of low yields for chana because of a decline […]
Motorola, owned by Lenovo, is increasing its manufacturing-related investments in India to help achieve its goal of doubling smartphone exports as well as the handset business in the country. The investments will be made to expand production capacity with its domestic contract manufacturing partner, Dixon Technologies. “We are exporting predominantly to the US. Manufacturing is […]