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Texmaco Rail secures Rs 1,405 million wagon order from Indian Railways
With this addition, Texmaco Rail & Engineering Ltd’s total order book now stands at Rs 71.15 billion, marking strong growth and sustained industry confidence.Read more
Azad Engineering signs $54 million pact with GE Vernova
The announcement follows the inauguration of Azad Engineering’s new 7,600 sq m lean manufacturing facility, which has been established to support high-volume production. Read more
British International Investment takes 10% stake for $100 million in ReNew
The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity. ReNew has 6.4 GW of module capacity and 2.5 GW of cell capacity. The cumulative capacity of ReNew will be about 13 GW following the capacity addition.Read more
By 2032 India will have 123 million EVs on-road under NEV goal
By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more
Zoho halts $700 million chipmaking plan in latest setback for India
As part of its diversification, Zoho had planned to commit $400 million to build a semiconductor facility in Karnataka, southern India.Read more
India’s auto exports hit record 5.36 million units in FY25
Passenger vehicle exports grew 15% to 7,70,364 units, with Maruti Suzuki and Hyundai Motor India leading the segment. Read more
Operational EVs in India to cross 28 million units in 2030; IESA
According to the report, the total installed capacity (of India) is required to grow from 466 GW in January 2025 to 900 GW by 2032. Read more
FFG to supply 1.54 million railway wheels to India’s RKTR
The production line is expected to start operations in Q1 2026 and will deliver railway wheels to Indian Railways over the next 20 years. Read more
SIDBI and AFD, France sign $100 million agreement to enhance green finance
The partnership is designed to support sustainable growth and facilitate the transition to a low-carbon economy. Read more
Ensuring Precision in CNC Milling with OTT-JAKOB
tool clamping forces ensure precision in CNC milling by preventing any movement during cutting. Read more