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Shyam Metalics shares rise 3% post expansion announcement in steel and aluminium
Shyam Metalics operates a unique business model in the metals industry, sourcing around 80% of its power from captive plants.Read more
Government to launch Green Steel Mission with policy and incentives
This initiative comes as global pressure mounts on countries to reduce their carbon footprint in manufacturing. Read more
SIAM's 64th convention themed Sustainable Mobility Journey towards Viksit Bharat
In the conference, prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047. Read more
Indian defence market set for 14% annual growth amid government indigenisation
The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more
Reliance Infra plans EV manufacturing facility in India
Reliance Infra is exploring the establishment of a battery plant with an initial capacity of 10 GWh, with plans to scale up to 75 GWh over the next decade.Read more
Apple supplier Jabil to invest Rs 20 billion in Trichy manufacturing plant
With Jabil's investment, Tamil Nadu now hosts all major Apple suppliers, including Foxconn, Pegatron, Tata Electronics, and Jabil, positioning the state as a key hub for electronics manufacturing.Read more
Applied Materials eye India; consider Tamil Nadu for chip manufacturing unit
The company may initially focus on developing an advanced AI-enabled technology centre in Chennai, creating 500 jobs, with potential future expansion into manufacturing.Read more
Honda Power & Bhago Mobility team up for green fleet management services for EVs
Bhago Mobility will launch 100 vehicles within the next few months of 2024 and aims to reach 10,000 vehicle in the next three years by 2028.Read more
India’s Top 100 Engineering Companies
Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more
Engineering growth amid the gloom
India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more