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India's exports set to exceed $800 billion this fiscal year: A Sakthivel

He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the manufacturing sector. Read more

Jindal Aluminium produces 115,920 MT of aluminium extruded products in FY23-24

Operating three cutting-edge manufacturing plants located in Bengaluru, Dabaspet (Karnataka), and a newly acquired facility in Bhiwadi (Rajasthan), Jindal Aluminium boasts a total manufacturing capacity of 2.35 lakh tonnes per annum. Read more

Volvo Group sales surged by 54% in the previous fiscal year

Volvo Group’s Sofia Frandberg, expressed strong confidence in India's potential for significant growth over the next decade.Read more

Panasonic unveils New Refrigerator line Made in India

This range is accessible in two sizes, with capacities of 401 and 357 litres, starting at an attractive price point of Rs 55,490. Additionally, Panasonic has introduced a budget-friendly 260-litre frost-free refrigerator.Read more

Existential crisis looms over container freight stations this fiscal year

Surging share of direct port delivery (DPD), especially at the Jawaharlal Nehru Port Trust (JNPT), means growth in the container freight station (CFS) industry in India would be facing an existential crisis sooner than later, starting with flatlining of revenues this fiscal.Read more

LANXESS posts a good start to the new fiscal year

Specialty chemicals company LANXESS continues its profitable growth path. The company ended fiscal year 2017 with record earnings. LANXESS has also made a good start to the new year.Read more

LANXESS increases dividend after successful fiscal year

LANXESS started 2017 with a very good first quarter. Global sales of the specialty chemicals company increased by a substantial 25 per cent to EUR 2.4 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals also improved by 25 per cent to EUR 328 million, compared with EUR 262 million in the first quarter of 2016. Net income rose by a substantial 47 per cent to EUR 78 million, against EUR 53 million in the year-earlier quarter. Read more

OMRON to launch succession of AI-equipped controllers from fiscal year 2017

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