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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

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more

LESER expands Aurangabad manufacturing facility with Rs 500 million+ investment

The new facility will incorporate segmentation, automation, and advanced manufacturing processes designed to improve transparency and efficiency.Read more

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