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Indian manufacturers target 2-3x profit growth with Industry 5.0: PwC

Industry 5.0 signifies a shift from prioritising economic value to generating societal value, emphasising overall well-being rather than just welfare.Read more

Tata Motors starts LNG-powered truck delivery to Clean Green Fuel and Logistics

A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd.Read more

Tata Motors to supply 1000 bus chassis to UP State Road Transport Corporation

This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC.Read more

India-France enhance aerospace partnership with MoU for bilateral cooperation

Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more

Ashok Leyland and Billion E-Mobility flag off AVTR 55T Electric & BOSS Electric

The vehicles are equipped with Advanced Driver Assist Systems (ADAS) for enhanced safety. The vehicles also feature simultaneous dual-gun charging for faster recharging and are equipped with the widely used Common Charging Standard 2 (CCS2).Read more

Cyient DLM acquires US-based EMS manufacturer Altek Electronics

Altek Electronics, with its strong footprint in the Medical & Healthcare and Industrial sectors, strengthens Cyient DLM’s capability in these sectors and adds a diverse customer base to Cyient DLM. Read more

Indian steel firms slash prices amid rising imports to protect market share

The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more

Wagon makers set for 20% revenue growth this fiscal: CRISIL

With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more

India's new machinery safety rules to affect over 150,000 manufacturers

The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more

Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing facility

Gautam Solar has already acquired a 60-acre land parcel in Bhiwani, Haryana, for the purpose of manufacturing solar panels and their raw materials.Read more

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