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Sterlite Electric secures orders worth Rs 75 billion in FY25
The secured orders span high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialised EPC services.Read more
Lumax Auto Tech to fully acquire IAC India, boosting auto interiors presence
IAC India operates five manufacturing plants across India, with two located in Chakan, Pune, and one each in Manesar, Nashik, and Bangalore. It also houses a state-of-the-art engineering centre in Pune.Read more
BonV Aero unveils drone utility pods for remote logistics
The company’s drone pods are being designed for a range of applications—from cold-chain logistics for medical supplies to safe transportation of sensitive equipment, food, and other essential goods.Read more
Renesas boosts India presence with R&D hubs and chip startup partnerships
MOUs with Indian Government and New Offices Mark Growth in Key Semiconductor HubsRead more
Jindal Stainless unveils pioneering supply chain digitalisation project
Project Pragati, in collaboration with Dassault Systèmes and Capgemini, will streamline operations from casting to finishing at Jindal Stainless’ Hisar manufacturing unit, improving productivity and enhancing customer experienceRead more
India eyes $3 trillion industrial opportunity by 2035
Omniscience Capital emphasised that higher domestic consumption—fuelled by rising per capita income—and India’s target of $1 trillion in merchandise exports by 2030 will be major growth drivers. Achieving this will require a 12% annual growth in exports, up from the current $450 billion. Notably, India’s merchandise exports have shown strong momentum, growing at an 18.8% CAGR over the past three years.Read more
JPFL Films to invest Rs 7 billion for setting up of new film lines
The expansion comes with the YoY growth of around 43 per cent in net revenue from operations in 9 months’ period FY 24-25 and to maintain its market leadership despite business headwinds.Read more
Igus e-chains receives new dry-cleanroom certificates for battery production
A high degree of cleanliness is essential in semiconductor and battery production. As these technologies have to deliver increasing performance, they are becoming more sensitive.Read more
Robust investments boosted warehousing & logistics: Vestian
The share of engineering and manufacturing sector increased from 18 per cent in 2023 to 24 per cent in 2024, propelled by various government initiatives such as ‘Production Linked Incentive (PLI)’ scheme and ‘Make in India’ campaign.Read more
Enhancing safety in high-risk industries: Suresh Tanwar
Similarly, it is crucial to invest in the training of the workforce and safety awareness. Safety must commence on the first day of employment, irrespective of the type of job or contract, remarks Suresh Tanwar, Senior Head- Audit and Consultancy, British Safety Council, India.Read more