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Havells India to invest Rs 3.75 billion in cable manufacturing plant expansion
The expansion will be carried out in phases, with the new capacity expected to be operational by March 2026. Read more
Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India
Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more
Vedanta Aluminium expands to 66 units of e-forklifts; India’s largest fleet
The introduction of electric lithium-ion forklifts helps mitigate the company’s carbon footprint significantly.Read more
Zebra Technologies display solutions at India Warehousing Show 2024
Zebra also showcased other key warehousing solutions, including the FXR90 ultra-rugged fixed RFID readers and ZS300 electronic sensors. Read more
India to boost funding for energy efficient technologies for MSMEs
Some of these technologies could include automation and control systems for optimal resource utilisation and loss reduction, combustion control systems for boilers, pocket ventilation systems, air-dyeing technology, and methane capture technology, among others. Read more
MSME bodies ask RBI to extend threshold period for SMA-2 stressed loan accounts
MSME borrowers cannot utilise existing credit lines to pay dues when their accounts are classified under the SMA category, hindering their recovery efforts.Read more
TAITRA calls for adaptation to India's business ethos amid Foxconn controversy
The controversy arose following reports suggesting Foxconn's alleged reluctance to hire married women at its facility, which manufactures Apple iPhones in India. Read more
India’s MSME employment surpasses 200 million, spikes 66% in 1 year
Out of the total reported jobs, approximately 45.4 million were held by women employees.Read more
Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more
TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries
So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more