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Economic Survey expects India’s industrial sector to grow by 6.2% in FY25
Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more
Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth
The EBITDA margin for Q2 FY25 stood at 16.2%.Read more
TeamLease Digital highlights emerging trends in tech employment for FY25
Global Capability Centers (GCCs) have emerged as significant employers of fresh talent, offering entry-level candidates salaries that are upto 30% higher than the industry standard for in-demand skills. Read more
NMDC sets Rs 22 billion capex in FY25 for slurry pipeline and processing plants
A flagship project in this plan is the 135-kilometer slurry pipeline from Bacheli to Nagarnar. Read more
Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion
In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more
PI Industries plans Rs 8 – Rs 9 billion capex in FY25
More than 40% of the new products that we are commercialising are all non-Agchem. Read more
India’s API industry expected to grow 7-8% in FY25
The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more
Reliance Industries to launch its first solar giga-factory in FY25
The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more
Sterlite Power wins Rs 15 billion worth orders in Q1 FY25
The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 65.6 billion at the start of this financial year.Read more
Indian economy estimated to grow 7-7.2% in FY25: Deloitte
The Indian economy grew at 8.2% in the 2023-24 fiscal year.Read more