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GlobalData forecasts light vehicles sales in India to decline by 32.6Per cent in 2020

industrialautomationindia.in > News > GlobalData forecasts light vehicles sales in India to decline by 32.6Per cent in 2020

Following the news that the auto industry in India declined by 75Per cent year-on-year in the first quarter of FY 2020-2021.Bakar Sadik AgwanJuly 2020 – Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and ...

Vehicle scrappage policy presents opportunity, says GlobalData

industrialautomationindia.in > News > Vehicle scrappage policy presents opportunity, says GlobalData

Older vehicles constitute a significant share of the present vehicle parc or vehicle in operation volume.Average vehicle age in IndiaFebruary 2021 – The voluntary vehicle scrappage policy under the Indian Union Budget 2021-22 will drive the sal...

China narrows gap with US in VC funded AI tech companies in 2020

industrialautomationindia.in > News > China narrows gap with US in VC funded AI tech companies in 2020

While the US still leads the AI race, China is not far behind and appears to be quickly minimising the gap, reveals GlobalData.US still leads the AI raceMarch 2021 – Artificial intelligence (AI) has emerged as a true foundational technology tha...

GlobalData predicts future robotics unicorns

industrialautomationindia.in > News > GlobalData predicts future robotics unicorns

Some of the robotics startups in GlobalDatas list of potential unicorns include Gecko Robotics, Covariant, Superpedestrian, and Sphero.Future unicorns in roboticsSeptember 2021 – Right from healthcare, customer service, security patrols, and ed...

India to lead Asian economic recovery, says GlobalData

industrialautomationindia.in > News > India to lead Asian economic recovery, says GlobalData

GlobalData forecasts Indias economy to be the fastest growing economy with 9.24 percent growth rate compared to other major Asian economies.The fastest growing economyNovember 19, 2021 – With receding Covid-19 cases along with strong external d...

Decarbonisation goals fuel talent acquisition in energy-intensive industries – GlobalData

industrialautomationindia.in > News > Decarbonisation goals fuel talent acquisition in energy-intensive industries – GlobalData

Radical revaluation is required in the hiring strategies of companies operating in energy-intensive industries.Top 20 firms in recruitment driveDecember 2021 – As companies target net zero emissions by 2050, industrial decarbonisation gathers m...

Coronavirus outbreak threatens China’s already tepid economic growth

industrialautomationindia.in > News > Coronavirus outbreak threatens China’s already tepid economic growth

GlobalData indicates the effect of the epidemic is dampening the prospect of upturn for the world’s second largest economy. Affecting China’s growth As China battles to contain the Wuhan coronavirus (Covid-19) outbreak, the effect of...

How Japanese companies can reduce dependence on China

industrialautomationindia.in > News > How Japanese companies can reduce dependence on China

Regulations and geopolitics top themes for Japanese companies to reduce dependence on China, finds GlobalData.Reducing dependency on ChinaJuly 7, 2020 – Regulations, China Impact and Geopolitics were the top themes in 2020 for Japanese companie...

Tesla gears up for India foray with payroll specialist listing, observes GlobalData

industrialautomationindia.in > News > Tesla gears up for India foray with payroll specialist listing, observes GlobalData

The companys reference to payroll for India indicates plans for possibly more hires and setting up charging infrastructure.Representative imageJuly 2021 – American electric vehicle (EV) and clean energy company Tesla's plans to make India i...

Foxconns EV ambition to take-off in Thailand, says GlobalData

industrialautomationindia.in > News > Foxconns EV ambition to take-off in Thailand, says GlobalData

Foxconn is taking-off its ambition to be an EV manufacturer, says GlobalData, a leading data and analytics company.Representative imageMumbai, September 21, 2021: Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co (Foxconn) and...