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Sales of Indian MCE industry to fall by 5-7% in FY2025: ICRA
Road construction accounts for 35-45% of MCE sales in India, followed by mining (20-30%), real estate (10-20%) and other sectors (railways, water supply, power etc.).Read more
Government funding plays a key role in catalysing AI in pharma
In this interview with Sanskriti Ramachandran, Sudipta Ghosh navigates the role of policies and regulations within the pharma industry.Read more
India's MCE industry set for 70-80% expansion in 5 years: ICRA
The MCE industry, driven by the country’s infrastructure-led growth, has already witnessed a compound annual growth rate (CAGR) of 12% over the past decade (FY2015-FY2024), reaching 136,000 unit sales in FY2024.Read more
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.Read more
Ansys launches high-performance computing data center in Pune
The new data centre enhances computational power for critical R&D and technical simulations, enabling innovation across sectors like aerospace, automotive, and healthcareRead more
Ramakrishna Forging to manufacture Vande Bharat and metro coaches in Jamshedpur
Despite these industrial advancements, Adityapur continues to grapple with infrastructure issues such as poor roads and inadequate drainage systems, which have persisted for over five years.Read more
India-France enhance aerospace partnership with MoU for bilateral cooperation
Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more
Linde India commissions new air separation unit in Ludhiana
Located within the Hi-Tech Cycle Valley Park at Dhanansu, the new ASU will cater to the growing demand for medical oxygen, industrial oxygen, nitrogen, and argon across various sectors, including healthcare, semiconductor, steel, metals, pharmaceuticals, paper, automotive, and manufacturing. Read more
Ashok Leyland and Billion E-Mobility flag off AVTR 55T Electric & BOSS Electric
The vehicles are equipped with Advanced Driver Assist Systems (ADAS) for enhanced safety. The vehicles also feature simultaneous dual-gun charging for faster recharging and are equipped with the widely used Common Charging Standard 2 (CCS2).Read more
CG Power acquires Renesas Electronics’ RF Components for $36 million
Renesas, a Japan-based leader in advanced semiconductor solutions, generated $56 million in revenue from its RF components business in 2023.Read more