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Indian Economy gains momentum by private investments surge
According to the survey conducted in September, two-thirds of the respondents expect a rise in sales and new orders in the second quarter of FY24.Read more
Thyssenkrupp nucera expands to Mumbai, driving green hydrogen growth in India
Positioned in Vikhroli, northeast Mumbai, the office benefits from its strategic location near one of Asia's major ports, enhancing accessibility and facilitating global operations.Read more
Schneider Electric expands Indian operations, aims for global growth
Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more
OMC and Hindalco join forces for Odisha's industrial growth
The deal is signed in the presence of Chief Minister Naveen Patnaik. It aims to accelerate progress on the construction of a two-million ton alumina refinery in Rayagada.Read more
Auto component sector forecasts moderate growth in FY 2024
Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.Read more
ICRA forecasts 9% growth in non-ferrous metals in next 2 FYs
The ratings agency also highlighted the challenges faced by the industry, including pressure on profit margins due to a weak global environment.Read more
TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation
The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.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
Adani Group accelerates solar manufacturing growth, targets 10 GW Capacity by 2027
Adani Solar, a subsidiary of the Adani Group, has already secured confirmed orders exceeding 3,000 MW in exports, which are slated to be fulfilled within the next 15 months.Read more
Investments push spurring growth in railway segment
With rail infrastructure expecting an investment of Rs 50 trillion by 2030, players in this sector will have abundance of opportunities to scale new heights.Read more