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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

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

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

GOI identifies 300 laws for potential decriminalisation to boost business

The minister noted that the Production-Linked Incentive (PLI) schemes launched in 2020, with an outlay of Rs 1.97 trillion, have been a significant driver for 14 sectors, particularly electronics and pharmaceuticals.Read more

Jindal India to invest over Rs 15 billion to expand steel business

Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more

Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion

The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.Read more

Anil Agarwal invites investors to setup businesses at Vedanta’s industrial parks

The company will need 1,500 acres of land for these projects, ideally within 50 kilometers of Vedanta’s key operations in Rajasthan and Odisha.Read more

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