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US-giant Rockwell Automation looks at India expansion with more factories

The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers.Read more

IndiGo India orders 30 Airbus A350 widebody aircraft for long-haul travel

India, the world’s fastest growing major aviation market, is anticipating an international travel boom as the economy grows and household incomes rise. Read more

Freudenberg India to invest Rs 350 crore in CY 2024 for expansion

Globally, Freudenberg Group’s operating profit reaches Euro 1.1 billion, surpassing the 1 billion mark for the first time (up 15 percent). Read more

Danfoss plans Rs 500 Crore Investment in India for localization, expansion

The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more

Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh

With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more

Grew Energy explores sideways integration amid aggressive expansion plans

Grew Energy secured a Rs 567 crore incentive from the central government for a solar equipment manufacturing facility under the Production Linked Incentive (PLI) scheme.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

STUKEN expands operations in South East Asia, chooses Pune for new production site

The company aims to initiate deep-drawn parts production in India by 2025.Read more

JSW Steel unveils Rs 1 tn expansion plan, prioritising domestic capacities

JSW Steel's CEO, Jayant Acharya underscored a strong commitment to bolstering domestic capacities, recognising India's status as the world's second-largest consumer and producer of steel.Read more

Sterlite Power gets new orders worth Rs 2,000 cr in Q2 FY ’24

Internationally as well, the company is strengthening its presence in the Americas, Africa, and the Middle East.Read more

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