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Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth

Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more

IMTEX 2022: An enabler of machine tools industry growth

After 2020, IMTMA is back with its yearly exhibition – this time in-person - as IMTEX and IMTEX Forming 2022. The event is scheduled from January 20-26, 2022 at Bangalore International Exhibition Center (BIEC).Read more

Strong global orders lead to 43% rise in India’s exports in Oct 2021

Owing to strong global orders, India's merchandise exports rose by 43% in October this year as compared to same period previous year.Read more

Heat exchangers: Efficiency drives growth

Burgeoning chemical and power sectors, along with the upgradation of conventional heat exchangers with efficient and innovative variants, are driving the market.Read more

Taiwan Expo India 2021 explores growth prospects

The main aim of this expo is to provide the India-Taiwan businesses an opportunity to explore prospects, fuel growth and strengthen trade.Read more

Industrial investments in India to rise 30% in FY22-24: CRISIL

Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more

HPL Electric registers 34% YoY growth in Q1 2021-22

The company reported EBITDA at Rs 9.8 crores, a growth of 48% YoY in Q1 FY22. Metering & Consumer (B2C) segment registers a growth of 40% YoY and 31% YoY Read more

Healthy competition can lead the economy to a higher growth: CCI

CCI is focussing on the Digital markets. Digital markets are bringing in innovation on one hand and are also giving rise to various competition concerns on the other.Read more

HPL Electric and Power registers revenue of Rs 308 Cr in Q4 FY21

This growth is led by metering & consumer (B2C) segment growth of around 93 per cent YoY growth and 20 per YoY, respectively in the Q4 FY21.Read more

FIEO: Growth in exports shows resilience & strength of India

FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more

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