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Nissan launches global business plan ‘The Arc’

by Isna

Nissan Motor Co., Ltd. today launched The Arc business plan to drive value and strengthen competitiveness.

The plan bridges the Nissan NEXT business transformation plan (2020-2023) and Nissan Ambition 2030.

Split into mid-term actions for 2024 to 2026 and mid-long-term actions through 2030, the plan aims to strengthen product portfolio, advance electrification, introduce new ways of developing and manufacturing, and focus on strategic partnerships.

Makoto Uchida, Nissan President and CEO, said: “The Arc plan shows our path to the future. It illustrates our continuous progression and ability to navigate changing market conditions.

“This plan will enable us to go further

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Adani Group unveils defense complex, $362 million investment plan | Company News

by Isna

The company has already started rolling out small caliber ammunition from the complex, starting with 150 million rounds that it estimates form 25% of India’s annual requirement (Photo: Bloomberg)

2 min read Last Updated : Feb 26 2024 | 6:48 PM IST

Billionaire Gautam Adani’s group plans to invest more than 30 billion rupees ($362.1 million) in the manufacturing of ammunition and missiles, the conglomerate’s defense arm said on Monday, as it unveiled two sprawling production facilities in the northern Indian state of Uttar Pradesh.

The plans highlight the ports-to-power conglomerate’s ambitions in the lucrative defense sector where manufacturing

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Over half of small and medium businesses plan to increase prices in next 12 months

by Isna

Photo:

Small and medium sized businesses (SMEs) are feeling more upbeat about their own and the economy’s outlook, although a slight tone of pessimism still pervades amid rising costs.

The latest look at the sector by accounting software company MYOB showed a net 3 percent think the economy will get worse before it improves, which compared to last year’s 53 percent pessimism level.

MYOB general manager Emma Fawcett said sentiment was still having to contend with familiar headwinds.

“The cost-of-living, inflation and interest rates, followed by changes in consumer confidence or spending, and the cost of fuel and transport, are

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