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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
Siemens to Focus on Grid Solutions for Sustainability
These technologies enable real-time monitoring, predictive maintenance, and automation, enhancing grid resilience and ensuring reliable power delivery, even under challenging conditions.Read more
NIBE Ltd opens missiles and precision machining complex in Maharashtra
The newly launched facility in Pune (Maharashtra) is equipped with advanced Vertical Machining Centres (VMCs) with Computer Numerical Control (CNC), such as the Kairos V5 16000, and the BMV 50 and 60+ machines.Read more
Cyient and Micware sign Mou to deliver innovative mobility solutions
By leveraging Cyient’s engineering excellence and Micware Navigations’ expertise in mobility software, the collaboration will develop integrated solutions that cater to the evolving needs of modern transportation ecosystems.Read more
Praj Industries appoints Ashish Gaikwad as managing director
Gaikwad will succeed Shishir Joshipura, CEO & MD, who will complete his tenure on June 30, 2025. Read more
Re Sustainability & Aarti Circularity invest Rs 1 billion for plastic recycling
The goal is to produce Advanced Circular Materials (ACM) that can be utilised as raw materials, fuels, or recycled polymer feedstock. Read more
Budget aims to integrate India with global supply chains, boost manufacturing
Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more
Budget 2025 aims to boost economy by propping up consumption, rejigs duties
FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more
Economic Survey 2024-25: India’s economic prospects for FY26 are balanced
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more
Indian electronics industry's mission $ 500 billion
Indian electronics industry has set an ambitious target of $500 billion by 2030 from present $ 101 billion. The task is challenging, but not insurmountable. As a result, the industry is on the cusp of unprecedented growth, says Rakesh Rao.Read more