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Strong surge in Indian bus sales: Ashok Leyland, Tata Motors lead growth
From April to December 2023, Ashok Leyland reported a substantial 64% year-on-year surge in the sales of medium and heavy commercial vehicle buses, reaching a total of 11,216 units.Read more
MOLDEX India and FASTNEX aim to fuel growth of moulding and fastener industry
The two events – to be from January 19-23, 2024 at BIEC, Bengaluru - are aiming to fuel the growth of an estimated $ 6.5 billion moulding and $ 7.5 billion fastener and fixing industry in IndiaRead more
Ministry launches MedTech Mitra to propel growth in medical devices industry
Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.Read more
ABB sees India as a key growth market with immense potential
In this interview with Rakesh Rao, Jacques Mulbert, President of ABB Measurement & Analytics, explains why smart measurement & analytics solutions are the key for sustainability, operational efficiency and cost reductionRead more
Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models
Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more
Vizag Steel Plant secures Rs 900 cr deal with JSPL for strategic growth
The objective is to boost sales revenue, increase monthly turnover, and reduce losses.Read more
Bengal urged to boost electronic manufacturing for digital economy growth
MeitY Secretary, S Krishnan during a meeting at the Merchant Chamber of Commerce and Industry with entrepreneurs, including MCCI President Namit Bajoria, emphasised the importance of digitisation in achieving self-reliance.Read more
IMF projects 6.3% growth for India despite inflation challenges
Contrary to the Reserve Bank of India's (RBI) forecast of 7%, the IMF's growth projection for the ongoing financial year, concluding on March 31, 2024, is slightly lower.Read more
Nirma plans Rs 3,500 cr NCDs issue for GLSL acquisition and business growth
CRISIL, the rating agency, has assigned an “AA” rating to Nirma's proposed NCDs, reaffirming ratings on the company's existing bank facilities and debt instruments.Read more
Zeiss Group forecasts continued double-digit growth in India
Despite the challenges of the previous fiscal year, the group exceeded its target, achieving a turnover of over Rs 1,800 crore.Read more