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Timken inaugurates bearing plant in Bharuch
The expansion is adjacent to Timken’s existing manufacturing facility in Bharuch and will cater to growing demand for the company’s spherical roller bearings (SRBs), cylindrical roller bearings (CRBs) and related products.Read more
The close link between infrastructure development and inflation in India
The improvements in the infrastructure sector due to higher capital spends by the Government of India (GoI) have helped in controlling the inflation, says R Jayaraman.Read more
IKEA deploys first heavy-duty electric truck in India
CO2 emissions linked to transportation represent around 5% of the total carbon footprint in the IKEA value chain.Read more
ebm-papst expands to 3rd manufacturing unit in India
The new facility in Chennai, Tamil Nadu is a €36 million investment and aims to be operational by end-2026.Read more
Mahindra unveils future-ready India design studio
Originally set up in 2015, MIDS was established as a dedicated studio to support Mahindra’s Auto and Farm businesses. Read more
Smart metering in India needs acceleration: CareEdge
The government’s smart metering initiative presents a $20-25 billion opportunity and is backed by an estimated investment of Rs 1.25 trillion, comprising Rs 950 million in debt and 25% equity. Read more
Ammann India expands operations with new manufacturing facility in Gujarat
The facility's design is centred on sustainability. Comprehensive environmental measures have been incorporated by Ammann, such as the installation of solar panels to lessen carbon emissions, IIoT-enabled energy monitoring systems, and an environmentally friendly infrastructure with LED lighting, skylights, and HVLS fans. Read more
US imposes 26% reciprocal tariff on Indian Exports; CareEdge
While the 26% may seem restrictive, it is lower than tariffs imposed on the competitors—Vietnam (46%), Bangladesh (37%), China (34%), Taiwan and Indonesia (32%), and Pakistan (29%)—giving India a relative edge in key sectors.Read more
Freudenberg Group reports strong 2024 performance, firming India commitment
Freudenberg's profit margin increased to 9.5 % (up from 9.1 % last year). Read more
US auto tariffs to limit impact on Indian industry: Crisil
While the direct financial impact is small, Indian auto component manufacturers may face a decline in competitiveness due to increased costs for US buyers. Read more