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L&T secures Rs 100-150 billion power transmission orders in West Asia
As of June, L&T's outstanding order book stood at Rs 4.90 trillion.Read more
Hartek crosses 10 GW solar milestone
The company recently released that they are aiming at Rs 100 billion revenue by 2030.Read more
KEC International wins new orders worth Rs 10.03 billion
The business has secured orders for supply of various types of cables in India and overseas.Read more
Datta Infra inks Rs 15 billion MoU with REC for 500 MW of clean energy projects
Such projects are expected to generate 800-900 million units (MU) of renewable energy annually, offering reliable and clean power, through a mix of solar and wind resources. Read more
Daikin invests Rs 14 billion in Indian unit to boost production
Daikin plans to use the funds to expand its manufacturing capacity and increase component production, particularly compressors, with the goal of raising localisation from 75% to nearly 90%.Read more
India's new machinery safety rules to affect over 150,000 manufacturers
The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more
Jindal India to invest over Rs 15 billion to expand steel business
Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more
REC signs MoU with RE developers for Rs 1.12 trillion during 4th RE-INVEST
This will increase the share of Renewables from current 8% to 30% by 2030, as REC’s loan book is projected to be of Rs 10 trillion by 2030.Read more
Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing facility
Gautam Solar has already acquired a 60-acre land parcel in Bhiwani, Haryana, for the purpose of manufacturing solar panels and their raw materials.Read more
Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions
Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more