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India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more
Railways to revise Rs 310 billion wagon procurement plan after MI contract fail
The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more
Manufacturing Agenda for Modi 3.0
As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more
MSMEs are poised to play major role in India’s economic growth: Milind Barapatre
In this interaction with Rakesh Rao, Milind Barapatre, IEDS, Joint Director & Head of Office, MSME- Development & Facilitation Office (DFO), Mumbai, explains various pain-points of the industry and the role played by his organisation to facilitate the growth of MSMEsRead more
Daikin to expand compressor manufacturing to two million units in India
Daikin is also exporting to markets such as South Africa, the Middle East and South America helped by its new 75-acre Sri City manufacturing unit.Read more
GMDC and GUVNL to boost Gujarat’s energy security amidst growing power demand
The State of Gujarat has been witnessing a huge surge in the power demand which has been growing at a CAGR of more than 6 % since last 5 years. Read more
HAL receives light combat helicopter order; boosting ‘Make in India’
The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
Super Screws and Mitsuchi Corporation to manufacture cold forged parts in India
The new venture will set up a manufacturing plant in India to produce and distribute high-quality cold forged parts, catering to both the Indian market and global exports. Read more
Zen Mobility launches new pod variants- ThermoFlex and LoadMax
Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials.Read more