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India to become $10 trillion economy by 2032; Overtaking US and China

India's economic expansion has accelerated in recent years; while it took 63 years, from 1947 to 2010, to reach a GDP of $1 trillion, it achieved $2 trillion by 2017 and $3 trillion by 2020.Read more

Bain Capital to invest in auto component maker RSB Transmissions

Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. 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

Carraro India files draft papers for Rs 18.11 billion IPO with SEBI

The company generated 64.82% of its revenue from domestic sales last year.Read more

Manufacturing tech startup Fabrication Bazar raises $3 million funding

The profitable start-up Fabrication Bazar (Ben & Gaws), which has built a network of nearly 330+ verified vendors across India and Vietnam, will use the funds to further enhance the tech platform, increasing geographic presence primarily in GCC and SEA regions, and team expansion.Read more

AI-led demand for Indian data centres to add 500 MW of capacity in next 4 years

The sector doubled from 540 MW in 2019 to 1,011 MW in 2023, making India among the fastest-growing DC markets globally.Read more

Scimplify secures $9.5 million in Series A funding led by Omnivore

Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more

India’s API industry expected to grow 7-8% in FY25

The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more

Wipro Hydraulics acquires US-based Columbus Hydraulics

Established in 1952, Columbus has built a reputation in the industry, delivering custom hydraulic solutions for a variety of applications including agriculture, construction, turf maintenance and marine applications.Read more

Semiconductors, EVs and electronics to head India's capex by FY2028; ASK Capital

Capex for the manufacturing sector was approximately $264 billion over FY2019-2023, averaging around $53 billion annually.Read more

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