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India's July industrial output soars to 5.7%, defying expectations
This latest figure, based on the Index of Industrial Production (IIP), marks a five-month high and surpasses the consensus estimate of 5%.Read more
Service is the new growth engine for industrial manufacturers: KPMG report
KPMG International report - titled ‘The future of smart industrials’ - discusses the challenges manufacturers are experiencing with their current efforts and the capabilities that are needed for success, among other key insights on the sector.Read more
Tata Steel launches fully automated Construction Service Centre in UP
The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more
Dutch PM Rutte explores UPI, talks semiconductors during Bengaluru visit
Rutte disclosed the success of his meetings with Deputy Chief Minister D K Shivakumar, highlighting discussions with both central and state governments on potential avenues for expanding the semiconductor industry in Bengaluru.Read more
The Battery Show India 2023 sparks India's $150 bn energy revolution
India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more
DBS Bank India targets $1 bn SME loan portfolio by 2025
DBS India's SME portfolio stands at around Rs 5,000 crore, exhibiting a robust Compound Annual Growth Rate (CAGR) of 40% over the past three years.Read more
Schwing Stetter India partners with VIT, Vallore to offer engineering programme
The partnership aims to help employees accelerate their education, stir innovation and skill development needed for the manufacturing industry.Read more
Tata Motors partners with Tata Power Renewable Energy to develop a 12 MWp solar project
Tata Motors expands on-site solar power capacity to 20.73 MWp at its Pune commercial vehicle manufacturing facility. The project will generate 17.5 million units of electricity per annum, mitigating over 12400 tonnes of CO2 per annumRead more
JSW Cement's Vijayanagar works set for 12 MTPA expansion and sustainable growth
Presently, the Vijayanagar Works manufactures both Portland Slag Cement (PSC) and Ground Granulated Blast Furnace Slag (GGBS) cement, with a current annual production capacity of 600,000 tons.Read more
Responsive Industries' shares soar 20% on Indian Railways contract win
This remarkable surge was attributed to the company securing a significant contract from the Indian Railways for the 'Garib Rath' initiative.Read more