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Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
CG Power acquires majority stake in GG Tronics for Rs 3.19 billion
The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more
Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus
Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more
Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion
This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more
Trane unveils air handling unit to address ac equipment installation challenges
Traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labour-intensive.Read more
Shinryo Corporation to acquire 85% stake in GMP Technical Solutions
The stake will be acquired from Pune-based engineering and real estate firm Vascon Engineers Ltd.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
Ashok Leyland subsidiary Hinduja Tech to acquire TECOSIM Group
The organisations intend to establish a unified brand strategy that embodies their shared vision and dedication to providing superior technical services. Read more
Tata Motors aims to make EVs more accessible for customers
In this interview, Rakesh Rao spoke to Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service, Tata Passenger Electric Mobility Ltd, to understand challenges and opportunities in India's electric vehicle market.Read more
MSME bodies ask RBI to extend threshold period for SMA-2 stressed loan accounts
MSME borrowers cannot utilise existing credit lines to pay dues when their accounts are classified under the SMA category, hindering their recovery efforts.Read more
