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Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex

With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more

Tata Motors holds groundbreaking ceremony of new vehicle manufacturing facility

The greenfield plant will use 100% renewable power to produce next-gen vehicles for Indian and global markets and is expected to create over 5,000 employment opportunities with significant skill-building in the local community.Read more

Rockwell Automation to establish new manufacturing facility in Chennai

Expected to open in the first half of 2025, the new facility is strategically chosen to create synergies with the CUBIC site, thereby increasing productivity and operational efficiency in the region. Read more

Finnish parliament members visit Lindström’s Mumbai facility

Lindström's operations in India began 17 years ago with the introduction of its circular business model for business textiles, perfectly aligning with India's green transition goals.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

Govt approves NPCIL-NTPC JV company ASHVINI to start nuclear power generation

The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemption to NTPC to invest more than Rs 50 billion in a single joint venture/subsidiary company. Read more

Applied Materials considers new operations near semiconductor facilities

The move is part of a strategy to stay close to its customers and capitalise on the expected growth as semiconductor factories begin to establish themselves in India.Read more

Caterpillar to invest Rs 5 billion to expand Tamil Nadu facilities

In addition to this MoU, agreements worth Rs 70.16 billion were signed with 16 global companies in San Francisco and Chicago.Read more

GST Council introduces Reverse Charge Mechanism on metal scraps

Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more

CEAT inaugurates new Truck Bus Radial (TBR) line at Chennai facility

With a 25% green cover, 40% of the plant’s energy is sourced from renewable energy, including a 5 MW solar rooftop installation, with plans to increase this to 50% by 2025. Read more

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