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Budget 2024-25: Analysis of Budget impact on MSMEs
The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than only on assets and turnover criteria. Read more
Imperial Auto Industries Ltd buys German metal manufacturer Biebighäuser
Biebighäuser manufactures and supplies components to the largest European OEMs including Volkswagen, BMW and Mercedes. Read more
SIAM hosts workshop and unveils ‘SIAM EV Talent Landscape in India’ report
The report was unveiled by Chief Guest, Shri H D Kumaraswamy, Hon’ble Union Minister of Heavy Industries & Steel, Government of India.Read more
Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals
Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more
TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries
So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more
Reliance Industries to invest $60 bn in 10 years estimates Morgan Stanley
The Tata group has announced plans to invest $120 billion while firms in the Adani tent will put in $100 billion in the next one decade mainly to build airports, sea ports, and roads.Read more
Pollution rose by 26% in in 5 years in Maharashtra industries tagged 'red'
For industries flagged red, the consent to operate must be taken from MPCB once in five years.Read more
PTC build tech for single crystal & directionally solidified castings production
The company has set up this manufacturing capacity at its Lucknow facility.Read more
Semiconductor, electronics and railway industries to see boost in Odisha; Vaishnaw
A training program will also be introduced in the semiconductor industry.Read more
Railways to revise Rs 310 billion wagon procurement plan after MI contract fail
The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more