The automaker is also planning to develop an EV charging infrastructure and double its sales network, aiming to claim a 10% market share

The Indian Space Research Agency plans to land a six-wheeled rover on the lunar surface to gather crucial data and images

The move has racked up costs for makers of drones in the country, with around 70% of goods in the supply chain currently being made in China

New Delhi’s licensing demands on the import of laptops, tablets and personal computers will particularly hit Chinese firms

S&P Global’s India services purchasing managers’ index rose to 62.3 in July from 58.5 in June - its fastest growth since 2010

The move on Thursday could hit companies such as Apple, Dell and Samsung hard. Indeed, it appears aimed at forcing them to manufacture their products locally.

VW and automaker FAW Group could "buy" a platform of EV technologies from Leapmotor, according to the state-backed news-site. Meanwhile, BYD is facing a tax probe in India.

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world

Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India

There has been a huge jump in the assets of emerging market mutual funds and exchange traded funds that exclude China, as US and European investors turn wary of exposure to the Asian giant