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US imposes 26% reciprocal tariff on Indian Exports; CareEdge
While the 26% may seem restrictive, it is lower than tariffs imposed on the competitors—Vietnam (46%), Bangladesh (37%), China (34%), Taiwan and Indonesia (32%), and Pakistan (29%)—giving India a relative edge in key sectors.Read more
Transformers and Rectifiers secures Rs 7.26 billion order from GETCO
The order, inclusive of GST, is set to be completed within 18 months from the issuance of the Letter of Intent (LOI).Read more
TARIL wins Rs 3.5 billion worth orders from Adani, Iraq and Australia
The company confirmed that these contracts do not fall under related party transactions and align with its normal course of business.Read more
Motion controls face toughest year in 2024, recovery expected: Interact Analysis
It is projected the Americas will be the highest growing region in 2025, with an expected motion controls market growth rate of 3.5%.Read more
INOX becomes first Indian firm to receive IATF 16949 Certification for CFT
The IATF 16949 certification, a mandatory requirement for automotive OEM suppliers, validates INOX India's commitment to maintaining the highest quality management standards in the automotive industry. Read more
Machine tool industry’s flagship event IMTEX 2025 draws record business visitors
IMTEX 2025, during which orders worth Rs 35 billion were booked, reinforces its status as the leading global machine tool and manufacturing technology exhibition. The expo sets the stage for collaboration and growth in manufacturing industry. Read more
Re Sustainability & Aarti Circularity invest Rs 1 billion for plastic recycling
The goal is to produce Advanced Circular Materials (ACM) that can be utilised as raw materials, fuels, or recycled polymer feedstock. Read more
Transformers & Rectifiers India Buys 51% of Posco-Poggenamp Electrical Steel
The company acquired 13,770,000 equity shares from existing shareholders under a Share Purchase and Shareholder’s Agreement. Read more
Igus unveils world’s first bicycle made from recycled ocean plastics
Over the year, the igus: bike will travel across the globe to showcase how plastic waste can be transformed into valuable resources for future urban mobility.Read more
Recycled igus bicycle to be on world tour
To mark the company's 60th anniversary, the lubrication-free and low-maintenance igus:bike will spend 12 months travelling through 16 countries to raise awareness of the ‘circular economy of plastics’.Read more