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Budget 2023: Revving up manufacturing with duty revisions and capex boost
By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more
Kalyani Group pioneers green steel manufacturing in India
This major milestone will enable Saarloha to contribute towards the government of India’s commitments to reduce the carbon emissions by 45 per cent by 2030, over 2005 levels and to become Net Zero emissions country by 2070.Read more
India can save Rs 3 trn by developing indigenous gas turbine engines
There are many inadequacies and challenges in developing indigenous aero gas turbine engines. If successful, it will be the biggest push to the Atmanirbhata campaign, saving the Ministry of Defence foreign exchange outflow of Rs 3 trillion in any block of 20 years, says Insighteon Consulting. Read more
Associated Metal Finishers plans expansion
Associated Metal Finishers (AMF) - one of the leading suppliers of equipment that are used for electroplating and surface finishing – has chalked out expansion plan for growth. “Today we are under expansion and will be jointly working with several aerospace companies for setting up various chemical engineering projects all over India,†said the company official.Read more
Kalyani Group achieves major breakthrough in protected vehicles segment
Within a short span of 3 years, the Kalyani Group with its proven engineering prowess and armoring capabilities has emerged to be a formidable leader in the protected vehicles segment.Read more
