Saudi Arabia Launches Legal Reform Drive

L&T subsidiary opens new manufacturing unit in Saudi Arabia

L&T Valves Ltd., a subsidiary of Larsen & Toubro, established a new manufacturing plant in Al Jubail, Saudi Arabia, next to the Dammam-Abu Hadriyah Highway. One of Saudi Arabia's main providers of on-off valves is L&T Valves.

The manufacturing facility is being opened with the intention of satisfying the increasing demand from the Middle East. In keeping with Saudi Vision 2030, Anil V. Parab, Whole-time Director and Senior Executive Vice President, Heavy Engineering and L&T Valves, emphasised that the new facility will greatly improve local manufacturing capabilities..

India Shifts Oil Suppliers Amidst Market Dynamics

Amidst the ever-evolving landscape of global oil markets, India, one of the world's largest importers of crude oil, has recently showcased a notable shift in its procurement patterns. According to recent data, India increased its purchases from Russia while decreasing its imports from traditional suppliers like Iraq and Saudi Arabia during the month of April.

This strategic adjustment in procurement reflects India's commitment to diversifying its energy sources and mitigating risks associated with geopolitical tensions and market fluctuations. As India seeks to bolster its energy secur..

Saudi Arabia Plans to Build Airport Larger Than a Country

Saudi Arabia has announced plans to construct an airport larger than some countries, marking a monumental undertaking in the realm of aviation infrastructure. The mega project, set to redefine the global aviation landscape, reflects Saudi Arabia's commitment to expanding its transportation infrastructure and bolstering its position as a regional hub for trade and travel.

The proposed airport, envisioned on an unprecedented scale, is poised to set new benchmarks in terms of size, capacity, and technological innovation. With ambitions to surpass existing aviation giants, the project unde..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..