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Jindal Stainless Signs PLI 1.2 MoU for Speciality Steel Expansion
Jindal Stainless signs MoU under PLI 1.2 to expand speciality steel capacity, supporting Rs 118.87 billion investments and 8.7 million tonnes addition by FY 2031.Read more
Indian Machine Tools Industry Gains Amid Shifting Global Dynamics
India’s machine tools industry is attracting strong global investment, driven by rising domestic demand, precision manufacturing growth and supply-chain realignments, even as global markets slow. Its long-term success will depend on scaling domestic capabilities, accelerating automation and skilling, and reducing import dependence to move up the value chain, writes Rakesh RaoRead more
Process equipment industry: Forging India's industrial future
Localisation, advanced technologies, and workforce upskilling will define the Indian process equipment industry’s next phase of growth, says Sanjay Gulati, Manufacturing Head and Whole Time Director, Isgec Heavy Engineering Ltd.Read more
Poly Medicure calls for import substitution in upcoming Budget; Himanshu Baid
Currently around 70% of medical devices and equipment worth nearly Rs 500 billion used in India are imported. The current duty structure for these imports ranges from 7.5% to 10%.Read more