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Vadodara power equipment makers see strong growth amid renewable energy boom

Vadodara has been a key player in power equipment manufacturing for five decades, home to around 200 medium and large manufacturers, including major names like ABB, Siemens, and Schneider Electric. Read more

RSB Group celebrates 50 years of automotive journey; Aims 3x growth in 3-4 years

The company has adopted a strategic revenue mix, aiming for 75% from traditional auto components and 25% from EV components over the next five years.Read more

Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth

The EBITDA margin for Q2 FY25 stood at 16.2%.Read more

Zetwerk eyes $1 billion IPO to boost growth

The company’s platform facilitates connections between suppliers and clients across industries, including aircraft engine manufacturing, consumer electronics, and home appliances. Read more

Green Steel firms poised for growth as EU carbon tariffs approach

The CBAM policy is driving established players like India’s JSW Steel to expand their low-emission operations.Read more

Capital-intensive industries drive employment growth in India: Goldman Sachs

India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more

Freight corridors fuel equitable economic growth across India: Study

The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more

Indian manufacturers target 2-3x profit growth with Industry 5.0: PwC

Industry 5.0 signifies a shift from prioritising economic value to generating societal value, emphasising overall well-being rather than just welfare.Read more

Lord’s Mark reports growth of 40.41% to Rs 4.22 billion in FY24

The company through its subsidiary has launched saliva-based technology for genome testing through its brand MyDNA. Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

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