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...“Export [from India] is one of the pillars of our strategy,” Torres said. “It is not only to increase the revenue but also increase our [production] capacity utilisation.”...
...Reynolds said the loss of the UK’s last remaining blast furnaces would mean the country would have to import traditionally made steel from India and elsewhere for the higher grades needed by some manufacturers...
...Once these tools are in place, the company can start test production, and, if all goes well, the $8bn plant will start mass production by the end of next year....
...In the near-term, the company plans to import semi-finished steel from its bases in the Netherlands and India....
...The fourth consecutive quarter of profitability at the company, owned by India’s Tata Motors, puts an end to a tumultuous post-pandemic period that saw the group wrack up heavy losses due to production issues...
...De Beers, the world’s largest diamond producer by value, sold $110mn of diamonds in its tenth and final sale of 2023, down from $417mn a year earlier, while India halted imports of rough diamonds for two...
...“A lot of the larger production companies were a little unsure about whether they were serious enough about the business or not . . ....
...Walkers argued and produced evidence that, in India, poppadoms may be made with potato in some regions....
...Adani said it aimed to increase Sanghi’s production to 15mn tonnes per year. Its current assets produce 67.5mn tonnes a year, with a target of 140mn tonnes by 2028....
...She claims that TSMC wants their workers to be obedient “robots”, something she describes as a feature of Asian corporate culture also seen in her native India....
...The SoftBank-backed technology company was once a favourite of India’s booming start-up scene and raised $2.5bn in India’s biggest IPO in local currency terms in November 2021, valuing Paytm’s parent company...
...Other industrial applications, such as automobile bodies, are on the horizon, which could help the cost come down more if production can be scaled up....
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