Category : Industry


South Korea Youth Car Purchases Hit 10-Year Low

New car purchases by South Koreans in their 20s and 30s fell to a 10-year low in 2025, while older age groups increased their share. Analysts cite rising costs and app-based rental services as key factors.

KTM Ends 30-Year Design Partnership with KISKA

KTM AG terminates its three-decade collaboration with KISKA Design, selling its stake to Loxone GmbH. The move follows Bajaj Auto's restructuring, aiming for cost control and internal oversight.

ITC Hotels Opens 30th Welcomhotel in Mohali, Chandigarh

ITC Hotels has launched its 30th Welcomhotel in Mohali, Chandigarh, with 113 keys, strengthening its presence in the Tricity region. The hotel is near Chandigarh International Airport and operated under a management contract.

EcoClean Named Dubai's Top Cleaning Company for 2026

EcoClean has been recognized as Dubai's premier cleaning company for 2026, driven by its innovative green technologies, exceptional customer service, and sustainable practices that set new industry standards.

MPIDC Enhances Pithampur Water Supply for Summer

Madhya Pradesh Industrial Development Corporation is constructing two new 3.3 KL storage tanks in Pithampur industrial belt to meet rising water demand during summer months, with completion targeted by March.

SWR Finishes Penukonda-Dharmavaram Doubling Project

South Western Railway has successfully completed the Penukonda-Dharmavaram doubling project, including a new Intermediate Block Hut to enhance operational efficiency and line capacity in Andhra Pradesh.

TVS Mobility, Palfinger AG Partner for India Supply Chain

TVS Mobility signs MoU with Austria's Palfinger AG to provide integrated supply chain and aftermarket support in India, with Palfinger investing Rs 350 crore in the first phase and setting up a Pune manufacturing facility by 2027.

CAFE-3 Norms May Challenge Small Car Manufacturers

The revised CAFE-3 draft proposes stricter fuel efficiency standards, potentially raising costs for small cars while favoring electric and hybrid vehicles, with PMO intervention to finalize norms.

Worker Dies in Erode Crusher Machine Accident

A 23-year-old worker from Chattisgarh died after being crushed by a conveyor belt while fixing a loose bolt at a crusher unit in Bhavanisagar, Erode. Police investigation ongoing.

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