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Rane and ZF create JV to introduce rack drive electric power steering to India
Rane Group already shares over 35 years of a strong relationship with the ZF Group. Read more
Indian defence industry to grow around 20% from FY24-FY29: CareEdge
India’s defence exports include a diverse array of products such as aircraft, naval systems, missile technology, and military hardware.Read more
Altair India sign MoU with CAAR to advance automotive sector
CAAR provides world-class technologies and facilities to the automotive industry, advises on policy, and develops human capital. Read more
GTRI calls for steel sector assessment before safeguard duty imposition
The Directorate General of Trade Remedies (DGTR) began an investigation last month into imports of ‘Non-Alloy and Alloy Steel Flat Products,’ which are used in various industries such as construction, automotive, and electrical panels. Read more
Private capex revival remains unlikely in 2025, says RBI survey
The findings differ from the RBI’s Financial Stability Report (FSR), which indicated that India’s economic growth is poised to recover in 2025, driven by strong consumer and business confidence. Read more
SANY India inaugurates factory at Pune facility
With an annual production capacity exceeding 14,000 units, the facility also supports a robust fabrication capacity over 100,000 metric tons per year. Read more
Architects of India’s industrial revolution
Architects of India’s industrial revolutionRead more
MSMEs in 2024: Key policy announcements that shaped the sector
Companies with turnover above Rs 2.5 billion and all central public sector enterprises (CPSEs) were required to join the TReDS platform by March 2025 to enhance payment cycles.Read more
Boehlerit unveils KAPPAtec 55N, an economical face milling system
Boehlerit unveils KAPPAtec 55N, an economical face milling systemRead more
India needs strong machine tools industry to become a global manufacturing hub
For the Indian manufacturing sector to reach $ 1 trillion, the machine tools industry needs to fire on all cylinders as it enables the production of other machines, parts and equipment for a wide range of sectors, says Rakesh RaoRead more