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Govt implements QCO for stainless steel vacuum-insulated water bottles

Indian government has introduced Quality Control Orders (QCO) for stainless steel vacuum-insulated water bottles and portable stainless steel water bottles. The All India Steel Bottles Association stands firm and urges government for the non-extension of the QCO implementation date.Read more

SAEL raises $1 billion to advance its renewable energy portfolio

In addition to the $1 billion partnership announcement, SAEL has plans to complete capital expenditure of Rs 15,000 crore in FY 25 and execute 2-2.5 GW renewable capacity every year to reach its target of 10 GW in the next 4 years.Read more

Belgian Cycling Factory, HMC HIVE announce strategic partnership to invest $36 mn by 2026

As part of the partnership, Belgian Cycling Factory and HMC HIVE will work together to expand their existing range of products and build a combined portfolio of bicycles with advanced designs, product features and tech-enabled solutions.Read more

Kirloskar Oil Engines advocates strengthening India's Manufacturing IP for Global Edge

The company achieved revenues of Rs 4,073 crore in FY23, and Gauri, the fifth-generation Kirloskar involved in the business, emphasised the pivotal role of intellectual capital in India's growth trajectory.Read more

IESA proposes key reforms for India's Energy Storage Sector ahead of budget session

This initiative aims to extend electricity access across the country. In the previous year's Union Budget, Viability Gap Funding for 4GWh of projects was announced as part of a $4 billion 'Green Growth' package.Read more

Elecon Engineering bags Rs 82.78 cr order from ArcelorMittal Nippon Steel

The agreement involves the manufacturing and supply of belt conveyor mechanical equipment and technological structure for ArcelorMittal Nippon Steel India's Hazira Plant in Surat, Gujarat.Read more

Hartzell Propeller expands global reach with Arrow Aviation as Recommended Service Facility in India

Situated in Kolkata, Arrow Aviation Services stands as the sole Hartzell Propeller-approved propeller shop on the Indian subcontinent, authorised to proficiently service and maintain Hartzell products.Read more

Mitsubishi Electric boosts AI-Driven manufacturing with strategic stake in HACARUS

The collaboration will harness HACARUS' AI expertise to reinforce Mitsubishi Electric's efforts in creating integrated, automated AI-based visual inspection solutions.Read more

Maersk expands cold-chain logistics with state-of-the-art facility in Gujarat

Spanning over 260,000 sq ft, this dedicated space will be exclusively allocated for HyFun Foods. The upcoming facility, attracting an investment of Rs 113 crore, is designed to provide temperature-controlled storage solutions.Read more

Jindal Stainless navigates Red Sea crisis, adjusts export targets, eyes European expansion

Due to the Red Sea issue, both time and cost associated with shipments to Europe have increased. Jindal anticipates a decline in Q4 export sales, revising the target from 15% to around 12%.Read more

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