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Pritika Group targets Rs 9.5 billion in 3 years with Rs 6.5 billion order book

The company also reported a consolidated EBITDA of Rs 541 million, reflecting its operational efficiency.Read more

DAC approves Rs 1.45 trillion defence orders; to boost PSUs

In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more

Welspun approves $100 million investment to boost US pipe manufacturing

The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more

Decathlon invests Rs 9.3 billion to boost local manufacturing in India

Currently, around 8% of Decathlon's global product range—including all cricket bats, accessories, and most hockey equipment—is produced in India. Read more

Cabinet approves Vigyan Dhara scheme to boost bio-manufacturing in India

The policy aims to enhance regenerative bio-economy models, promote green growth, and expand India's skilled workforce, thereby boosting job creation.Read more

PM Modi encourages boosting Indian manufacturing

Prime Minister Modi emphasised the importance of enhancing the quality of Indian products to ensure they meet global standards.Read more

BEML to expand Vande Bharat and metro trains; boost export revenue to 10%

The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more

Bharat Forge Q1; Defence revenue up 147%, order book at Rs 54 billion

The profit was impacted by an exceptional loss of Rs 1.46 billion, including an impairment provision of Rs 1.45 billion related to its investment in Tork Motors Pvt. Ltd., where Bharat Forge holds a 64.29% stake.Read more

Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost

India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more

Budget 2024 to boost India’s manufacturing industry

The Budget has strategically prioritised the manufacturing sector along with the infrastructure, employment and skilling development. Read more

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