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Ericsson Expands Antenna Manufacturing in India to Support 5G Rollout

To localise all of its passive antenna production for the Indian market by June 2025, Ericsson is growing its antenna manufacturing operations in Indi

To localise all of its passive antenna production for the Indian market by June 2025, Ericsson is growing its antenna manufacturing operations in India. This action puts India as a key centre in Ericssons global supply chain and helps the countrys 5G rollout. In Gurgaon, the antennas will be manufactured in partnership with VVDN Technologies, and some will be exported. Ericssons logistics centre in Pune will handle distribution throughout the area. This programme enhances Ericssons capacity to provide stateoftheart technology closer to its clients and demonstrates the companys dedication to Indias digital transformation. Since 1903, the company has operated in India, and in 1994, it began local manufacture. Read More..

B2B Tech News | 4 months ago        

Gold Prices in India Near ₹1 Lakh Per 10 Grams Amid Global Market Uncertainty

Due to safehaven demand and worldwide market patterns, gold prices in India have risen to alltime highs, approaching ₹1 lakh per 10 grams. The price

Due to safehaven demand and worldwide market patterns, gold prices in India have risen to alltime highs, approaching ₹1 lakh per 10 grams. The price of 24carat gold increased by ₹1,650, to ₹99,800 per 10 grams, on the bullion market in Delhi. Gold futures broke beyond the $3,400 barrier for the first time, while spot gold achieved a global top of $3,397.18 per ounce. Investor interest is fuelled by the rise, which comes after U.S.China trade concerns, a declining dollar, and anticipation of rate cuts. Gold has increased by 26.41%, to ₹20,850 per 10 grams, since December 2024. Analysts anticipate more volatility, with prices being supported by Christmas demand and ETF purchases. Read More..

B2B Tech News | 4 months ago        

PM Modi Embarks on Historic Visit to Jeddah, Strengthening IndiaSaudi Ties

On a historic trip to Saudi Arabia, Prime Minister Narendra Modi is the first Indian prime minister to visit Jeddah in forty years. The IndiaSaudi Str

On a historic trip to Saudi Arabia, Prime Minister Narendra Modi is the first Indian prime minister to visit Jeddah in forty years. The IndiaSaudi Strategic Partnership Council, which Modi and Crown Prince Mohammed bin Salman will cochair during this visit, will concentrate on advanced technology, energy, space, healthcare, and culture. More are being negotiated, and at least six MoUs are anticipated to be signed. India has raised its Hajj quota to 175,025 for 2025 therefore, Modi will also discuss concerns pertaining to the Hajj. Modis emphasis on the role of the Indian diaspora in bolstering bilateral relationships during this visit highlights the two countries expanding economic and cultural links. Read More..

B2B Tech News | 4 months ago        

U.S. Pressures India to Grant Amazon and Walmart Full Market Access

Through ongoing trade negotiations, the United States is exerting pressure on India to provide Amazon and Walmart complete market access. Indias $125

Through ongoing trade negotiations, the United States is exerting pressure on India to provide Amazon and Walmart complete market access. Indias $125 billion ecommerce market currently prohibits foreign businesses from keeping inventory or selling directly to customers, but the Trump administration is working to level the playing field, according to the Financial Times. The lack of limits on local companies in India, like Reliance, has led to calls for regulatory changes from U.S. officials. The talks are part of larger trade negotiations that include food, autos, and tariffs, with India aiming to prevent tariff increases from the United States. In an indication of progress towards a winwin trade deal, Vice President JD Vance recently met with Prime Minister Modi. Read More..

B2B Tech News | 4 months ago        

LG Energy Solution Pulls Out of $8.45 Billion Indonesia EV Battery Project

Citing the investment climate and market constraints, LG Energy Solution of South Korea has formally cancelled its $8.45 billion electric vehicle batt

Citing the investment climate and market constraints, LG Energy Solution of South Korea has formally cancelled its $8.45 billion electric vehicle battery investment in Indonesia. The 2020 agreement to create a comprehensive supply chain for EV batteries was a component of the Indonesia Grand Package. Even after withdrawing, LG Energy Solution will keep working with Indonesia through HLI Green Power, its battery joint venture, which has opened the nations first battery cell manufacturing facility. Utilising its abundant nickel reserves to bolster its battery industry, Indonesia is still dedicated to luring in global investment. Indonesias aspirations to become a significant hub for EV batteries have been hampered by the withdrawal. Read More..

B2B Tech News | 4 months ago        

South Korea’s Acting President Seeks Mutually Beneficial Trade Deal with U.S.

In the approaching trade negotiations with the United States, South Koreas acting president, Han Ducksoo, anticipates a winwin outcome. U.S. Treasury

In the approaching trade negotiations with the United States, South Koreas acting president, Han Ducksoo, anticipates a winwin outcome. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with Finance Minister Choi Sangmok and Industry Minister Ahn Dukgeun on April 24 in Washington to discuss the matter. Reports indicate that Seouls involvement in US efforts to limit trade with China may be on the agenda however, this has not been confirmed. Recognising that negotiations might not be simple, Han emphasised South Koreas resolve to put its own interests first while fortifying its economic partnership with the United States. China has warned against larger economic agreements at its price and criticised Washingtons trade policies. Read More..

B2B Tech News | 4 months ago        

NDB Expands Cooperation with Bangladesh, Focusing on Infrastructure and Sustainability

Working on sustainable development and infrastructure projects, the New Development Bank NDB is fortifying its relationship with Bangladesh. In order

Working on sustainable development and infrastructure projects, the New Development Bank NDB is fortifying its relationship with Bangladesh. In order to examine funding options, NDB Vice President Vladimir Kazbekov recently travelled to Dhaka and met with Chief Adviser Muhammad Yunus and other officials. Bangladeshs national priorities and the UN Sustainable Development Goals are in line with the banks mission to support renewable energy, transport, water supply, and digital infrastructure. To further demonstrate its dedication to multilateral financial cooperation, NDB is thinking of providing subsidies for particular projects. Global collaborations are crucial for promoting economic growth and development, and the talks underscore Bangladeshs increasing involvement with international financial organisations. Read More..

B2B Tech News | 4 months ago        

Brazil Leverages Agricultural Strength to Expand Exports Amid U.S.China Trade Tensions

Amid economic concerns between the United States and China, Brazil is establishing itself as a global leader in food, using its agricultural prowess t

Amid economic concerns between the United States and China, Brazil is establishing itself as a global leader in food, using its agricultural prowess to boost exports. Carlos Fávaro, Brazils Minister of Agriculture, highlighted the nations position as a dependable food provider during the BRICS agriculture ministers conference, especially since China banned the import of beef from 395 U.S. processing facilities. Brazil has increased its productive capacity by restoring more than four million hectares of degraded land. With an emphasis on sustainable growth and land restoration, the nation seeks to deepen commercial ties among the BRICS countries. Brazil sees a chance to expand its market share and solidify its agricultural dominance as global commerce changes. Read More..

B2B Tech News | 4 months ago        



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