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Sagar Defence partners with Boeing to manufacture advanced sea drones in India
Sagar Defence, known for supplying uncrewed surface vehicles to the Indian Navy, has expertise in vehicle control systems, sensor integration, and unmanned system manufacturing.Read more
India to become $10 trillion economy by 2032; Overtaking US and China
India's economic expansion has accelerated in recent years; while it took 63 years, from 1947 to 2010, to reach a GDP of $1 trillion, it achieved $2 trillion by 2017 and $3 trillion by 2020.Read more
Copeland to invest Rs 5 billion in India for manufacturing and R&D expansion
The expanded facilities will include an advanced scroll compressor line, catering to both domestic and key international markets.Read more
Cummins India launches B-school case study competition; REDEFINE 2024
The competition is open to first and second-year students enrolled in two-year flagship PGP/PGDM/PGDBM/MBA programs from 18 partner B-schools in India. Read more
Wagon makers set for 20% revenue growth this fiscal: CRISIL
With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more
Tata Steel commissions India’s largest blast furnace at Kalinganagar
With a total investment of Rs 270 billion, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.Read more
Daikin invests Rs 14 billion in Indian unit to boost production
Daikin plans to use the funds to expand its manufacturing capacity and increase component production, particularly compressors, with the goal of raising localisation from 75% to nearly 90%.Read more
Ultraviolette unveils India’s first-ever superbike & aims to claim speed records
Touted to be India’s first superbike, it aims to claim Indian speed records in the ensuing 90 days.Read more
India's new machinery safety rules to affect over 150,000 manufacturers
The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more
Lenovo begins manufacturing AI servers in India
The production line at Lenovo's Puducherry facility, operational since 2005, will cater to both local and international markets.Read more