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Ramkrishna Forgings approves Rs 575 million aluminium forging project investment
Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more
Solartive wins Rs 488 million bid from JREDA to equip farmers with solar pumps
The initiative aims to address the irrigation challenges farmers face, particularly those in remote areas with limited access to reliable electricity. Read more
Manufacturing tech startup Fabrication Bazar raises $3 million funding
The profitable start-up Fabrication Bazar (Ben & Gaws), which has built a network of nearly 330+ verified vendors across India and Vietnam, will use the funds to further enhance the tech platform, increasing geographic presence primarily in GCC and SEA regions, and team expansion.Read more
NMDC Steel successfully produces 1 million tonnes of hot rolled coil
The 3 MTPA steel plant is set up with an investment of Rs 229 billion houses one of the widest Hot Strip Mills in India, capable of rolling HR coils of 900 mm to 1650 mm width in 1 mm to 16 mm thickness.Read more
Exide Industries invests Rs 750 million in EESL for Bengaluru greenfield plant
EESL, incorporated on March 24, 2022, is dedicated to advancing India's lithium-ion battery production capabilities.Read more
Vishnu Chemicals acquires Jayansree Pharma in Rs 520 million deal
Vishnu Chemicals is set to buy 100% of JPPL’s shares within the next three months.Read more
Indian toy industry exports reach $523.24 million; surpass imports
The next objective for Indian toy manufacturers is to reach international consumers more effectively through online platforms, according to government plans.Read more
BoAt surpasses 50 million 'Made in India' products despite market slowdown
BoAt retains its position as the market leader with a 26.7% share, even though its shipments fell by 9.8% year-over-year. Read more
DEE Development’s total income rises by 18% YoY, reaching Rs 1.88 million
he total order book as of June 30 2024, stands at Rs 8.03 billion. Read more
Scimplify secures $9.5 million in Series A funding led by Omnivore
Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more