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Indian defence market set for 14% annual growth amid government indigenisation

The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

Indian pharma exports surge with 8.36% growth in July 2024

The Indian pharmaceutical industry is projected to grow to $65 billion by 2024 and to $130 billion by 2030. Read more

Godrej & Boyce contribute to India’s growth with sustainable MEP projects

Godrej MEP has demonstrated expertise in greenfield and colocation data centres with over 40 MW executed till date, designed to house 4000 racks, designed as per IGBC Gold standards.Read more

FDI in manufacturing reaches $165 billion; 69% growth over last decade

This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more

Sluggish growth in automation market; machine-integrated robots gain momentum

Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more

Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA

Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more

The growth of the Indian EV market

The industry has been trying to establish localised supply chains with up to 20-30% component localisation having been achieved mainly for e4Ws.Read more

61% global manufacturers expect AI to drive growth by 2029; ZT report

While digital transformation is a priority for manufacturers, around 30% to 40% of global and APAC, including India, respondents recognise achieving it is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of information technology and operational technology (IT/OT).Read more

L&T focuses on green energy & technological advancement for sustainable growth

In alignment with its commitment to sustainability, L&T announced a $12 billion investment plan over the next five years, with a third earmarked for green energy initiatives. Read more

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