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Lumax Auto sees 36% revenue surge in Q1 FY26 on strong automotive demand
Lumax Auto Technologies posts Rs 1,026 crore revenue in Q1 FY26, up 36% YoY, with PAT rising 30% to Rs 54 crore, supported by strong OEM, aftermarket, and subsidiary growth.Read more
Varroc Engineering’s PBT rises 54% in Q1 FY26 on strong auto components demand
Varroc Engineering posts Rs 20.3 bn revenue in Q1 FY26, PBT before exceptional and JV profit up 54% YoY to Rs 822 million, driven by robust India and overseas operations.Read more
Shivtek to invest Rs 500 mn in specialty chemical plant in Punjab
The company to invest Rs 500 million in the new specialty chemical plant at Rajpura (Punjab), and partner with Bodal Chemicals for direct chlorine supply, boosting efficiency, and advancing green manufacturing.Read more
A&D, auto businesses drive Raymond's Q1 growth with Rs 5.24 bn revenue
Raymond posts Rs 5.24 billion Q1 FY26 revenue, up 17 per cent YoY, led by strong aerospace & defence (A&D) and precision technology growth; signs key deals with Pratt & Whitney and Safran Engines.Read more
Schaeffler India Expands Industrial Bearings Range for Heavy Industries
Schaeffler India strengthens its industrial portfolio with locally made spherical roller bearings, cast steel housings, and accessories for heavy-duty sectors.Read more
US Slaps 25% more Tariff on India; Exports to bear the brunt of 50% duties
The US has imposed a 50% tariff on Indian imports as a penalty for buying Russian oil, hitting key sectors like textiles, gems, and leather. China and others are not affected.Read more
How MNCs are strategising to capture market in India
Today, the Indian MNC scene is changing vastly, with many new ones setting up shop in India. With China becoming less attractive, India is becoming the go to place, writes R Jayaraman and Firoz S Richdiwala.Read more
WIN sets up Wipro Electronic Materials to Boost India’s PCB manufacturing
Wipro Infrastructure Engineering (WIN) has set up Wipro Electronic Materials, India’s first copper-clad laminate facility with an investment of Rs 5 billion, to strengthen PCB manufacturing, create jobs, and enhance the country’s electronics ecosystem.Read more
The Cable & Wire Fair is a catalyst for growth: Priyank Jain
In this interview, Priyank Jain, CEO of Tulip 3P Media, elaborates on the evolution of Cable & Wire Fair (from a humble beginning to India’s flagship wire, cable & allied industry expo) and its influence on the industry. Read more
Can the new RDI scheme be a game-changer for R&D in India?
India spends just 0.64 per cent of its GDP on R&D (compared to global average of above 2 per cent). The new Research Development and Innovation (RDI) scheme, with a corpus of Rs 1 trillion, can change this equation, says Rakesh Rao.Read more