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Texmaco Rail secures Rs 1,405 million wagon order from Indian Railways

With this addition, Texmaco Rail & Engineering Ltd’s total order book now stands at Rs 71.15 billion, marking strong growth and sustained industry confidence.Read more

Odisha CM unveils Rs 1.15 trn projects to boost Jajpur’s industrial future

Among the inaugurated projects, the spotlight is on Tata Steel Ltd’s 5 MTPA Integrated Steel Plant expansion at Kalinga Nagar with an investment of Rs 475.99 billion and JSL Group’s petroleum and solar power venture worth Rs 4.70 billion.Read more

Johnson Matthey sells Catalyst Technologies biz to Honeywell for £ 1.8 bn

Following this sale, Johnson Matthey will be repositioned as a more focused and efficient business centred on its global Clean Air and Platinum Group Metal Services (PGMS) divisions.Read more

Quality Power wins Rs 200 mn Israeli deal for 161kV high-voltage equipment

The order also marks the first major inclusion of coupling capacitors produced by Mehru Electrical & Mechanical Engineers Pvt Ltd, a newly acquired subsidiary of Quality Power.Read more

BrahMos missile factory to be inaugurated in Lucknow on May 11

The BrahMos missile is produced by BrahMos Aerospace, a joint venture between India and Russia. The inauguration comes at a time of heightened military tensions with Pakistan, marked by cross-border shelling and counter-terror operations.Read more

British International Investment takes 10% stake for $100 million in ReNew

The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity. ReNew has 6.4 GW of module capacity and 2.5 GW of cell capacity. The cumulative capacity of ReNew will be about 13 GW following the capacity addition.Read more

By 2032 India will have 123 million EVs on-road under NEV goal

By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more

Survey: Export orders drive manufacturing activity to 10-month high

The HSBC India Manufacturing Purchasing Managers' Index (PMI) edged up slightly from 58.1 in March to 58.2 in April, marking the sharpest improvement in the sector’s health in ten months. Read more

Jindal (India) invests Rs 1 billion in steel pipes and tubes facility

Currently, 70% of the company’s total production consists of coated flat steel products, which remains a key area of focus for future growth and expansion. Read more

MIC Electronics awarded ISO 14001:2015 and ISO 45001:2018 certifications

The ISO 14001:2015 certification confirms MIC’s dedication to sustainable operations by integrating eco-friendly practices and resource efficiency into its daily activities. Meanwhile, the ISO 45001:2018 certification highlights MIC’s proactive approach to ensuring safe and healthy working environments across its facilities.Read more

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