Samsung may shift production to India from Vietnam amidst Trump’s tariff moves; wants one more year of PLI sops
Thursday, 24 April 2025 Samsung is seeking a one-year extension to India's production-linked incentive (PLI) scheme for smartphones after missing targets in the second year. The company aims to secure incentives for a full five years, potentially receiving ₹3,200 crore for its participation.
Vance and Modi hail positive US-India trade talks amid Trump tariff threat
The US is India's main trading partner and their bilateral trade stood at €113bln in 2024, with a €39.9bln surplus in favour of New Delhi.
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Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
Volvo Cars and its Ghent manufacturing plant reached a crucial milestone today as the company’s factory in Belgium started production of the fully electric EX30 small SUV.
One of Europe’s..
Rock & Roll Hall of Fame reveals 2025 inductees. Thirteen total inductees were named to the Rock & Roll Hall of Fame class of 2025 last night, the lineup presented by Ryan Seacrest during American..