China’s manufacturing success was attributed to cheap labour. That perception has now changed completely. Factory wages in China have climbed close to eight dollars per hour, far higher than those in Vietnam, Malaysia, Thailand, and India. By cost logic alone, China should have lost its position as the world’s manufacturing hub. Instead, it continues to dominate global production, contributing nearly 28 percent of worldwide manufacturing output. The reason lies not in wages, but in produc

Amid ongoing geopolitical tensions, trade disputes, and armed conflicts across multiple regions, China quietly achieved two major economic milestones in 2025, underscoring its continued influence over global manufacturing and trade. Official data released this month shows that the country recorded the largest annual trade surplus in its history while further consolidating its position as the world’s leading automobile producer and seller. These achievements came despite persistent pressures

Nearly 1,000 workers across Illinois are expected to lose their jobs during the first half of the year, according to recent data released through the Illinois Worker Adjustment and Retraining Act. A spreadsheet published by the Illinois Department of Commerce and Economic Opportunity shows that employers across several industries issued layoff notices affecting a total of 985 employees during November alone. State officials reported that most of the layoffs are scheduled to begin in

An iconic feature of Newark’s industrial skyline is being dismantled as ownership of the city’s longtime Anheuser-Busch brewery changes hands. Crews arrived at the sprawling factory complex early Friday morning, signaling the start of work to remove the illuminated eagle that has stood above the brewery for decades. The towering sign, visible from surrounding neighborhoods and major roadways, has long been associated with the facility and has become a familiar sight for generations of res

Tata Electronics has announced a milestone partnership with Intel to manufacture advanced semiconductor chips and AI-powered laptops in India. The collaboration marks a major leap in India’s semiconductor ambitions as the country seeks to become a global chip production hub. Tata is building two large semiconductor facilities worth nearly $14 billion, including a fabrication plant in Gujarat and an assembly-testing and packaging facility in Assam. The agreement brings Intel on board as Tata

India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e

MARION, Ohio — Whirlpool Corporation announced Wednesday a $300 million investment across two of its key Ohio manufacturing facilities, marking one of the company’s largest expansions in recent years. The investment aims to strengthen Whirlpool’s production capacity for its next generation of washers and dryers, while also creating hundreds of new jobs and supporting thousands more indirectly across the state. According to the Michigan-based appliance manufacturer, the capital

In a historic move for the US tech sector, Texas Instruments (TI) has announced a massive investment of over $60 billion to boost domestic semiconductor manufacturing. This investment, set to roll out across seven fabrication plants in Texas and Utah, marks the largest such commitment in foundational chipmaking on American soil. The company expects the expansion to generate over 60,000 jobs and strengthen the country’s ability to produce critical compone

A major coalition representing auto parts suppliers in the United States has issued a stark warning about the looming threat to the automotive supply chain caused by China's recent restrictions on rare earth exports. The group, MEMA – The Vehicle Suppliers Association – called for urgent government intervention, saying the limited access to these critical materials could quickly spiral into a nationwide auto manufacturing disruption. Rare earth elements, essenti

The long-awaited trade deal between India and the United States is expected to materialize in the near future, according to U.S. Secretary of Commerce Howard Lutnick. Speaking on June 2, 2025, at the eighth edition of the Leadership Summit hosted by the U.S.-India Strategic Partnership Forum in Washington, Mr. Lutnick shared insights on the progress of the negotiations, highlighting that India stands to gain favorable tariffs on multiple manufacturing sectors, providing it a competitive advan

In a recent address from Morristown, New Jersey, U.S. President Donald Trump reaffirmed his administration's commitment to using tariffs as a tool to boost domestic manufacturing, particularly in sectors such as military equipment and advanced technology. Speaking before boarding Air Force One, Trump clarified that his tariff agenda is not intended to revive traditional textile production like sneakers and T-shirts, but rather to prioritize manufacturing of tanks, artificial intelligence

In a series of statements that have stirred global business conversations, U.S. President Donald Trump has issued a stark warning to Apple, insisting that the tech giant must manufacture iPhones within the United States if it intends to sell them in the American market. Speaking from the Oval Office while signing multiple executive orders aimed at strengthening the U.S. nuclear power sector, Trump said it is acceptable for Apple to go to India to build plants, but under no circumstances

President Donald Trump on Wednesday hosted top global business executives at the White House for the “Investing in America” event, where he revealed over $2 trillion in new investment commitments aimed at strengthening U.S. manufacturing, infrastructure, and artificial intelligence leadership. Speaking in front of industry leaders from companies including Nvidia, SoftBank, GE Aerospace, Oracle, and OpenAI, Trump framed the gathering as a milestone in what he described as the most

India’s Defence Minister Rajnath Singh today delivered a forward-looking and comprehensive address at the convocation ceremony of the 80th Staff Course at the Defence Services Staff College (DSSC) in Wellington. Stressing the importance of modernization, jointness, and preparedness, he urged the armed forces to be technologically empowered and resilient in facing evolving multi-domain threats in the current global security landscape. With 479 officers attending the 80th Staff Course, in

India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&

Elon Musk has announced that Neuralink, his brain-interface startup, will implant its revolutionary Blindsight chip into a human subject by the end of 2025. The announcement came during a Town Hall event in Wisconsin, where Musk provided updates on the company’s advancements in neurotechnology. “We’re hoping, later this year, to have the first device implant for humans, enabling someone who is completely blind to see,” Musk said. Last year, Neuralink received US FDA ap

Google is set to collaborate with Taiwan's MediaTek to develop the next generation of its Tensor Processing Units (TPUs), which are expected to launch next year. This strategic move signifies a shift in Google’s approach to AI chip development, although the tech giant will continue working with its current chip partner, Broadcom. According to a report by The Information, Google’s partnership with MediaTek is largely driven by cost efficiency and MediaTek’s stron

In a significant leadership change, Intel Corporation has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, 2025. This move comes after Intel ousted its former CEO Pat Gelsinger following concerns about his ambitious turnaround strategy, which struggled to gain investor confidence. Tan, a seasoned semiconductor industry veteran and a former Intel board member, has a rich background in the tech industry. His appointment reflects Intel's commitment to retaining it

The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i