Study reveals global demand for lithium-ion batteries to triple by 2030, driving industry growth. Key trends include performance optimization, cost reduction, and sustainability.
Germany's chemical industry faces challenges with declining sales and hesitant customers. Despite a slight production increase, a turnaround is not yet evident.
India's natural rubber consumption spikes to a record high in 2022 despite a decrease in imports. A significant rise in NR production largely contributed to this trend, exceeding expectations. Additionally, there was a slight upswing in exports, with a call for more focus on quality improvements and MSME sectors to boost exports.
Uttar Pradesh launches the Nand Baba Milk Mission Scheme worth Rs. 1000 crore to increase milk production and provide fair prices to rural milk producers. Milk cooperative societies will be created to improve per-animal milk productivity and expand the market. Boosting milk processing capacity and skill development is also a priority.
Consumer electronics contract manufacturer Videotex targets Rs 500 crore revenue by 2024, with its new Noida manufacturing facility and plans for Industry 4.0.