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Manufacturing activity in India rebounds in June; fastest hiring in 19 years
As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more
Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion
It is planning to expand the capacities for its new product lines which will include component for handsets.Read more
FSSAI cancels 111 spice producers’ licences manufacturing in India
Most of the revoked licenses belong to small-scale producers from Kerala and Tamil Nadu, with some from Gujarat, Maharashtra, and Madhya Pradesh.Read more
Indonesia to levy 100-200% duties on clothing & ceramics; protect domestic trade
Indonesia mainly imports apparel and clothing accessories from China, Vietnam and Bangladesh.Read more
BHEL wins Rs 133 billion order for thermal power plant in Jharkhand
This project is expected to enhance DVC's installed thermal generation capacity to 8140 MW by 2030.Read more
Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30
Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more
Suzlon acquires 103.95 MW AMPIN energy transition order
The project is part of the Hybrid Project under various bids from SECI and C&I (Commercial & Industrial) customers.Read more
KEC International wins new orders worth Rs 10.02 billion
With this order in Northern India, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Read more
India's CAD may show fall in Q4 as net exports hit 11-quarter high
IDFC First Bank in a recent report said in FY25, it estimates CAD at 1.3 per cent of GDP compared to 0.7 per cent of GDP in FY24.Read more
Skoda-VW hits 1.5 million production mark in India
In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more