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A Tariff here, a tariff there
The proposal by Trump to impose tariffs has stirred the pot. Manufacturing will be the most affected. But, if followed through well, it can increase the global wealth, as well as wealth distribution in the next five to ten years, says R Jayaraman.Read more
Machine tool industry’s flagship event IMTEX 2025 draws record business visitors
IMTEX 2025, during which orders worth Rs 35 billion were booked, reinforces its status as the leading global machine tool and manufacturing technology exhibition. The expo sets the stage for collaboration and growth in manufacturing industry. Read more
Titagarh Rail to form 2 new business verticals for enhancing focused growth
The company will form new verticals under the names of Ship Building and Maritime Systems (which will be headed by Saket Kandoi) and Safety and Signaling Systems (with Prithish Chowdhary as the ad-interim CEO). Read more
Godrej Group targets over 20% growth for power infra business with expansion
The business will prioritise Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its power infrastructure and green energy projects. Read more
Tata Motors wins 1,297 bus chassis order from UPSRTC
The Tata LPO 1618 diesel bus chassis is developed specifically for intercity and long-distance travel. Read more
Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business
The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more
Honeywell to sell PPE business to Protective Industrial Products for USD 1.32 bn
The PPE business has approximately 5,000 employees and a streamlined global manufacturing and distribution footprint that allows for cost-effective production, close proximity to customers and optimised lead times.Read more
France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM
With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more
Siemens to acquire Altair Engineering for $10 billion
The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more
L&T wins new orders for power transmission & distribution business
The hub will be a crucial element in Kenya’s grid for ensuring stable, efficient and reliable operations in view of variable renewable energy sources getting added and the high-voltage regional interconnections being established. Read more