China Plus One: Auto industry to invest $7 bn in 5 years to deepen parts localisation

[ad_1] Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘China Plus One’ sourcing strategy. Automakers and their suppliers are likely to make this investment between FY24 […]

‘Final Fantasy Tactics’ Director Responds To Western Localization Discourse Surrounding ‘Unicorn Overlord’: “It Is Unacceptable For Someone To Alter A Work Without Considering The Original Author’s Intent”

[ad_1] Scarlett (Hina Suguta) confesses her love for Alain (Kazuki Ura) in Unicorn Overlord (2024), Atlus After Unicorn Overlord‘s English translation came under fire for being more ‘flowery’ than its original Japanese release, Final Fantasy Tactics director Yasumi Matsuno stepped in to offer a stern but sympathetic take on the abysmal and disrespectful state of […]

Iran’s defense industry records boom spurred by localization efforts

[ad_1] Iran looks to carry on its remarkable defense production development in 2024, seeking to further tap into aerospace capabilities. Iranian Defense Minister Brigadier General Mohammad-Reza Ashtiani (R) and the Iranian Army’s Commander in Chief Major General Abdolrahim Mousavi talk in a ceremony to deliver the domestically built drones to the army, on January 23, […]

Saudi Arabia moves to localize mining sector professions

[ad_1] Saudi Arabia’s petrochemical growth accelerates with strategic investments and Vision 2030 RIYADH: Saudi Arabia’s rise as a global leader in the petrochemicals industry is a product of strategic foresight, substantial investments, and a commitment to economic diversification, experts have told Arab News.  As the Kingdom seeks to reduce its dependence on oil revenue, its […]

PIF signs agreements to localize renewable energy manufacturing in Saudi Arabia

[ad_1] RIYADH/BEIJING — The Public Investment Fund (PIF) announced on Tuesday the signing of three new agreements to localize the manufacturing and assembly of equipment and components necessary for solar and wind power in Saudi Arabia. These agreements were entered into by the Renewable Energy Localization Company (RELC), a wholly owned PIF entity, in alignment […]

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