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Toyota Kirloskar to invest Rs 48 bn in Karnataka to ramp up manufacturing

Toyota Group Signs MoU with Government of Karnataka for Big InvestmentsRead more

All set to scale new heights

India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more

Warburg Pincus acquires majority stake in Imperial Auto

Stone Plant Investments B.V., an affiliate of Warburg Pincus (a leading global private equity firm), has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies. EY acted as the sole financial advisor to Imperial.Read more

NORD on a growth drive with innovative products

Thanks to innovative new products and comprehensive investments – the largest in the company’s history so far – the drive specialist NORD DRIVESYSTEMS increased its sales by almost 18% in 2021, compared to 2020. In 2022, customers can look forward to innovative and advanced drive solutions.Read more

Atmanibhar Bharat: Revolutionising manufacturing industry

India’s manufacturers have a golden opportunity to make the best of the increasing demand in India along with the multinationals’ aspiration to diversify their production in an effort to include low-cost plants in countries. This would grow the manufacturing sector significantly by 2025 and also create million domestic job opportunities, writes Shreegopal Kabra.Read more

Industrial investments in India to rise 30% in FY22-24: CRISIL

Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more

Proposed Indian Ports Bill, 2020 aims to attract investments and boost economic activity

Formulation of specialised tribunals, affordable grievance redressal mechanism and a dedicated tribunal to curb any anti-competitive practises in the port sector are some key reforms to empower exporters in the long run. Read more

Lodha and ESR JV to develop state-of-the-art Industrial Park in Palava City

ESR-Lodha Industrial Park at Palava City will be developed in three phases, with completion expected in 30-36 months.Read more

“New investments are expected to sustain the new change”

With the advent of the ‘smart’ era, it is now the turn of smart machines, smart manufacturing and smart factory. The aim is to almost fully computerise the manufacturing industry without much dependency on human involvement, informs Shyamal Ram, Senior Manager Sales, Jyoti CNC Automation LtdRead more

Paisalo launches app for easy loan disbursal to MSMEs

With a vision of empowering the MSME segment and small businesses, Paisalo Digital Limited has launched its app with the same name to accelerate and facilitate 100% digital loan disbursal, creating unique customer experience.Read more

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