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Texmaco Rail eyes global growth after record FY25 in rail manufacturing

With a Rs 70 billion order pipeline, the company is scaling operations in India and abroad. The upcoming Global Capability Centre in Faridabad and Texmaco Rail’s export-led focus will enhance its ability to deliver globally competitive solutions.Read more

DPIIT grants PLI upgrade to Calcom under scheme for white goods

Following upgraded approval, Calcom has raised its investment pledge from Rs 100 million to Rs 250 million for expanding LED manufacturing capabilities.Read more

Shyam Metalics forays into wagon manufacturing with new Kharagpur plant

In phase 1, the new Kharagpur manufacturing facility will have a production capacity of 2,400 wagons per annum, while phase II will double the output to 4,800 wagons annually.Read more

India eyes $3 trillion industrial opportunity by 2035

Omniscience Capital emphasised that higher domestic consumption—fuelled by rising per capita income—and India’s target of $1 trillion in merchandise exports by 2030 will be major growth drivers. Achieving this will require a 12% annual growth in exports, up from the current $450 billion. Notably, India’s merchandise exports have shown strong momentum, growing at an 18.8% CAGR over the past three years.Read more

PLI schemes have had a major impact on several Indian sectors: Abhishek Malik

By encouraging domestic manufacturing, these programs have raised output, created jobs, and increased exports. Additionally, they have drawn large investments from both domestic and international firms, comments Abhishek Malik, Executive Director, Calcom Limited.Read more

Goa’s first electronics manufacturing cluster nears completion

Spanning over 597,000 square metres near the Goa-Mumbai National Highway, the EMC will offer various incentives to incoming companies through support from both the state government and the Ministry of Electronics and Information Technology (MeitY). Read more

LG Electronics India begins construction of third manufacturing plant in India

The government of Andhra Pradesh has approved 247 acres of land in Sri City for LGEIL’s new manufacturing facility, which is expected to generate around 1495 direct jobs. Read more

Andhra Pradesh sees surge in aerospace & defence investment proposals

To support these developments, the Andhra government is finalising its Aerospace & Defence Policy 4.0 (2025–29), which includes tailor-made incentives and plans for four industrial clusters focusing on naval shipbuilding, MRO, missile and ammunition production, and defence electronics. Read more

BEML to build rail coach plant in Raisen, Madhya Pradesh

The state government has allotted 60.063 hectares (about 148 acres) of land for the project. Read more

Aerem Solutions and OMC Power partner to finance solar rooftop adoption by MSMEs

Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing solutions.Read more

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