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Inox Air Products invests Rs 300-500 cr in Semiconductor Gas Infrastructure Expansion
Managing Director Siddharth Jain revealed that these investments will commence on a small scale this year, with plans for substantial expansion aligned with the demand generated by semiconductor fabrication companies.Read more
Cytiva expands presence in India with cutting-edge manufacturing facility
The new manufacturing facility in Pune is poised to play a pivotal role in Cytiva's operations in the Asia-Pacific region.Read more
Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr
Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more
Indian Railways struggles with wheel supply, increasing reliance on Chinese imports
The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more
Adani Wind plans aggressive expansion, targets 10 GW capacity by 2030
A senior company official informed that they intend to invest Rs 2,000 crore in establishing a 5 GW (gigawatt) capacity within the next five years.Read more
India marks Oct 10 as inaugural cGMP day to elevate pharmaceutical standards
The government has made it obligatory for all drug manufacturers to adhere to Good Manufacturing Practice (GMP) guidelines.Read more
How ESG is catalysing India's SMEs for global competitiveness
A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more
CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding
The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more
Indian medical device makers seek extension for Class C, D device licensing
The Association of Indian Medical Device Industry (AiMED), representing domestic medical device makers, sent a letter dated September 25 to Health Minister Mansukh Mandaviya, outlining their concerns.Read more
Goodluck Defence and Aerospace expands operations with Rs 96 cr investment
Although operational activities of the company established on August 31, 2023, are yet to commence, the company has already secured a substantial investment of Rs 40 crore from its parent company.Read more