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BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

Inteva Products expands Pune plant to meet growing automotive demand

In addition to its Pune facility, Inteva operates a technical centre in Bengaluru with a team of 317, including 200 engineers, who support product development and engineering for global and Indian operations.Read more

LAPP India introduces connectivity solutions to meet growing industry demands

At the forefront of these innovations is the ETHERLINE® FD bioP Cat.5e, a globally launched eco-friendly Ethernet cable made from over 40% renewable materials. Read more

Indian Railways drives the Indian demand for stainless steel: Tarun Kumar Khulbe

In this interaction with Rakesh Rao, Tarun Kumar Khulbe, CEO, Jindal Stainless delves into the increasing use of stainless steel in Indian Railways.Read more

Price of natural rubber surges more than 33% amid strong demand and low supply

Domestic prices of natural rubber closed August at Rs 238 per kg on average, way above the trend in the past decade.Read more

Rising costs and weak demand may force steel companies to cut output

In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more

AI-led demand for Indian data centres to add 500 MW of capacity in next 4 years

The sector doubled from 540 MW in 2019 to 1,011 MW in 2023, making India among the fastest-growing DC markets globally.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. 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

Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

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