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INOX to set up mini LNG terminal for Island Power Producers in the Bahamas

The contract would include the supply of 10 vacuum insulated storage tanks of 1500m3 capacity and a regasification system. Read more

France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM

With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more

Bridgestone to invest $85 million for premium car tyre production in India

Recent trends in the market have produced an outlook of stable economic development and growth in the number of automotives both owned and produced. Read more

Trump victory raises optimism in India's chemicals, textiles sectors

According to Chemexcil, India’s chemical exports to the U.S. reached $2.86 billion in 2023-24, though this marked a 26% decrease from the previous year.Read more

MAGIC selected for DPIIT's Startup India Manufacturing Incubator Initiative

This initiative aims to fuel innovation within India's manufacturing sector, creating new opportunities for manufacturing-focused startups.Read more

India's exports set to exceed $800 billion this fiscal year: A Sakthivel

He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the manufacturing sector. Read more

EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering capabilities.Read more

Sig Sauer to manufacture 73,000 assault rifles by 2025 for the Indian Army

Sig Sauer also plans to increase the proportion of locally manufactured components, integrating more Indian technology and materials into its products.Read more

Climaveneta to invest Rs 4 billion in Bengaluru facility expansion

CCT, a leading chiller manufacturer with an order book exceeding Rs 5 billion, aims to double its annual order intake and achieve Rs 10 billion in revenue within the next four to five years.Read more

Cummins India releases Q3 FY24-25 results- PAT stands at Rs 4.51 billion

Total sales for the quarter at Rs 24.48 billion higher by 31% compared to the same quarter last year and higher by 8% compared to the previous quarter.Read more

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